USPS OIG Calls for Reduced Prefunding Requirements

USPS OIG Calls for Reduced Prefunding Requirements : PostalReporter News Blog: "The USPS Office of Inspector General (OIG) concluded in a recent report that the Postal Service prefunds its pension and retiree healthcare benefits at levels that are substantially higher than other government agencies, the military, and private-sector businesses. Reducing the required funding levels would result in projected USPS savings of more than $60 billion, the OIG found, and would allow the USPS to meet its obligation while conserving cash and improving its financial position."