Retirement benefits (1 - 1 of 1 item) in Past 6 Months
U.S. Postal Service: Key Considerations for Restoring Fiscal Sustainability
GAO-17-404T: Published: Feb 7, 2017. Publicly Released: Feb 7, 2017.
The U.S. Postal Service's (USPS) deteriorating financial condition is unsustainable as a result of trends including:Declining mail volume : First-Class Mail—USPS's most profitable product—continues to decline in volume as communications and payments migrate to electronic alternatives. USPS expects this decline to continue for the foreseeable future.Growing expenses: Key USPS expenses such as...