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1. FSS & Postal Reform Update
2. Sequencing Flats FSS Phase 1 deploy 100 machines
34 sites on-line with FSS
82 operational machines
Ready for sequencing
96 machines
45 sites
3. CET Matrix
4. Postal Reform Senate Bills Carper, Collins
House Bills Lynch, Issa
VERY Different bills
Carper:
Fixes CSRS ($55 75 billion) and FERS ($6.5 billion) overpayments.
5-Day delivery.
Arbitrators must take finances into account.
5. Postal Reform Collins
Fixes CSRS ($55 75 billion) and FERS ($6.5 billion) overpayments.
Keeps 6-day delivery.
Arbitrators must take finances into account.
Convert people on workers comp to retirement upon reaching retirement age.
6. Postal Reform Lynch Bill
Fixes CSRS ($55 75 billion) and FERS ($6.5 billion) overpayments.
Issa Bill
Does Not fix CSRS or FERS
Allows 5-day delivery.
If the USPS defaults on a payment, the Postal Service Financial Responsibility and Management Assistance Authority goes into effect to restore fiscal solvency. Similar to the DC Control Board.
7. Postal Reform Issa Bill Continued
Commission on Postal Reorganization (CPR) to review closures & consolidations.
Mediation Arbitration
Underwater products (READ PERIODICALS) get a rate increase of 5% above CPI if coverage is below 90%.
Non-profit discount is reduced by 5% per year from 40% down to 10%.
8. Postal Reform Key issue Timing
Probably wont happen by 9/30.
Probably will happen just before the USPS runs out of cash (somewhere between October, 2011 and July, 2012).
What will be in the bill? No one knows for sure, but the Senate will probably be forced to move more toward Issas bill.