NALC responds to Postal Service losses

Nov. 15, 2011 — For the first time since the recession began in 2007, this year’s Postal Service loss was largely driven by the continued impact of the worst recession in 80 years and the effect of Internet technology—above and beyond the crushing and unique burden of the congressional mandate to pre-fund future retiree health benefits.

This mandate accounted for 100 percent of the losses over the previous four years.

That does not change what has to be done.

Congress must alleviate the pre-funding burden and the Postal Service and its stakeholders must work relentlessly to reinvent the Post Office for the 21st century.

Today we are working with the Postal Service at the bargaining table on doing just that.

via Latest News | NALC statement on Postal Service losses.

  • crazy

    If only everyone would realize that the prefunding is the reason for all this mess. The USPS can and will survive or you might as well take out the word service from the title

  • Mike

    well isn’t the idea that without the Pre-Funding, the USPS would have made enough money in previous years to cover this loss? we are a break even organization correct?

  • annie

    VISIT saveameriacspostalservice on how you can help

    Don’t let anti-labor destroy our NATIONAL TREASURE THE UNITED STATES POSTAL SERVICE