U.S. Senate Democratic Whip Dick Durbin (D-IL) released the following statement on Senate passage of the Postal Service Reform Act of 2022:
“With passage of the Postal Service Reform Act, we will finally address some of the root issues plaguing the U.S. Postal Service—including solvency and access to health care for retirees—while ensuring that Americans will continue to have six-day integrated delivery and reliable mail service.
“Passage of this bill also reaffirms that the Senate can work across the aisle to deliver for the American people and our postal workers. I’m eager to see this bill signed by President Biden, ushering in new support for the postal workers who provide a vital service to the American people.”
The Postal Service Reform Act will require Postal Service employees to enroll in Medicare after retirement, which is estimated to save the U.S. Postal Service (USPS) $22.6 billion over 10 years. The legislation will also rollback the USPS’ mandate to pre-fund retiree health benefits for all current and retired employees for 75 years in the future. By eliminating this provision, the USPS is estimated to save $27 billion over 10 years.
***Report Courtesy of United States Senator Dick Durbin***
