USPS may face major changes

Friday, November 25, 2011

An industry that supports 9 million jobs and affects potentially every American could be looking at some major changes. The United States Postal Service (USPS) is struggling financially due to a 2006 congressional mandate that requires the Postal Service to pre-fund future retiree health benefits for the next 75 years. The mandate states they must pre-fund the benefits within 10 years.

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