What is wrong with the Postal Service?

What is wrong with the Postal Service?

The 2020-2021 United States Postal Service crisis is a series of events that have caused backlogs and delays in the delivery of mail by the United States Postal Service (USPS). The crisis stems primarily from changes implemented by Postmaster General Louis DeJoy shortly after taking office in June 2020.

What changes are coming to the Postal Service?

Postmaster General Louis DeJoy unveiled the largest rollback of consumer mail services in a generation as part of his 10-year plan for the U.S. Postal Service, including longer first-class delivery windows, reduced post office hours and higher postage prices.

Is the Postal Service going to offer an early out?

USPS Announces Voluntary Early Out Retirement (VERA) Today, January 4, 2018, the APWU was notified by letter that the USPS is offering voluntary early out retirement (VERA) for eligible clerk craft employees.

Can the president fire the postal Board of Governors?

Federal law says governors can be removed by the president but only “for cause.” So, the president can appoint governors to the Postal Service’s board and remove them “for cause,” but he can’t appoint or remove the U.S. postmaster general.

What changes are coming to USPS in 2021?

The US Postal Service announced earlier this year that it will begin implementing new service standards for First-Class Mail and Periodicals on October 1, 2021. According to USPS, the plan will enhance delivery reliability, consistency, and efficiency for its customers and the entire postal service network.

Is the USPS doomed?

The Government Accountability Office describes the USPS’s financial condition as “deteriorating and unsustainable,” and has the numbers to back that up. Specifically, the USPS has lost $69 billion over the past 11 fiscal years—including $3.9 billion in 2018.

How do I retire from USPS?

If you leave with at least 5 years but less than 10 years of service, you’re eligible to apply for retirement at age 62. The benefit is calculated as 1% times your high-3 years average salary times the years and months of service.