In a fact sheet released March 11, 2022, the USPS outlined its support for the Postal Service Reform Act (PSRA) recently passed in the House and Senate.
Estimated financial benefits to the USPS are a savings of $44 billion over the next 10 years. This enables the USPS to “Continue to operate as a self-funded entity, without taxpayer support.” Additionally, the USPS projects that the financial improvement from the PSRA “Ensures that we can continue to fulfill our universal service mission, and make the investments needed to support service excellence, network efficiency, and introduce enhanced products and services for our customers.”
Financial Reforms and Operational Reforms are the two sections of the PSRA. Financial reforms include repealing the Retiree Health Benefit (RHB) and prefunding Mandate (USPS Fairness Act). Operational reforms include an Interactive Public Dashboard as well as Additional Service Performance Accountabilities and Transparencies. These will combine with the operational reforms in the Delivering for America Plan with the goal of retaining universal service and six-day delivery.
Arguments that enrolling future retirees in Medicare will harm the future of Medicare are rebutted saying that “Postal retirees who have not enrolled in Medicare have served to subsidize the program and will now be able to access the benefits they have paid taxes to receive”