Join our mailing list!



Official PayPal Seal

(Your shopping cart is empty)

  Home > Diane Publishing Books >

U.S. Postal Service: Status, Financial Outlook, and Alternative Approaches to Fund Retiree Health Benefits
U.S. Postal Service: Status, Financial Outlook, and Alternative Approaches to Fund Retiree Health Benefits
 

Product price is not filled in. This product cannot be purchased.

By Frank Todisco (au); Lorelei St. James (au)
Year: 2012
Pages: 79
Binding Paperback
ISBN 978-1-4578-4243-6

Product Code: 1457842432

Description
 
The 2006 Postal Accountability and Enhancement Act (PAEA) required the U.S. Postal Service (USPS) to prefund its future retiree health benefits as part of comprehensive postal reform by establishing the Postal Service Retiree Health Benefits Fund (PSRHBF) along with an initial target period to fund the unfunded liability in 50 years. This requirement included annual payments to this fund from 2007 to 2016 of between $5.4 billion to $5.8 billion. USPS, its employee groups, and others have argued that this prefunding requirement is a major source of USPSs financial woes reported by USPS as contributing $32 billion toward its $41 billion of net losses over the past 6 years. USPS defaulted on the last 2 years of PSRHBF payments totaling $11.1 billion. This report addresses the (1) status and financial outlook of the PSRHBF; (2) impact on future annual USPS payments and unfunded liabilities of alternative approaches; and (3) key considerations for policymakers. Tables and figures. This is a print on demand report.

Share your knowledge of this product with other customers... Be the first to write a review
Diane Publishing Co
PO Box 617
Darby, PA 19023-0617
1-800-782-3833
 About Us
 Become an Affiliate
 Privacy Policy
 Send Us Feedback
 
Company Info | Advertising | Product Index | Category Index | Help | Terms of Use
Copyright � 2004 Diane Publishing Company. All Rights Reserved.
Built with Volusion