Top 10 Postal Stories of 2021 | Office of Inspector General OIG

Jan 3, 2022 · Additionally, the Postal Service has agreed to convert some non-career employees to career status. 6. The $10 Billion Side of the Pandemic – While there’s been a lot of draft reform bills designed to give the Postal Service financial relief, it took a pandemic to pass legislation …

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FAQs about Top 10 Postal Stories of 2021 | Office of Inspector General OIG Coupon?

Why did the postal service develop a 10-year strategic plan?

To address these financial and operational challenges, the Postal Service developed Delivering for America, a 10-year strategic plan published in March 2021. "Our business and operating models were unsustainable and out of step with the changing needs of the nation and its customers.” - the U.S. Postal Service via its Delivering for America plan. ...

How has the Postal Service changed since 2000?

In doing so, the Postal Service has bound the country together through wars, natural disasters, and ordinary days. Over the past few decades, however, the Postal Service faced tremendous challenges to its mail volume and financial viability. As a result, it implemented a variety of operational changes since 2000. ...

What are the future scenarios for USPS?

The Postal Service outlined two future scenarios with projected financial results and cash balances. In the base scenario, USPS does not take certain corrective actions. In the DFA plan scenario, USPS includes the impact of planned DFA initiatives to reduce losses by $160 billion over 10 years. ...

When did USPS become a high risk agency?

The Government Accountability Office (GAO) added USPS to its High-Risk list in April 2001 and called on the agency to develop a plan to restore its health. The following year, the Postal Service released a plan to cut costs, strengthen the workforce, and improve the customer experience. ...

Did the postal service hit its service performance target?

The OIG found that the Postal Service hit its service performance target for only 3 of 33 products. However, social-distancing Americans appreciated postal employees who delivered mail and packages despite the increased risk to their health. Americans rated the Postal Service the highest-ranked, most essential company during the pandemic. ...

How much money did the postal service lose from 2007 to 2023?

The losses from FYs 2007 through 2023 totaled $98 billion. To address these financial and operational challenges, the Postal Service developed Delivering for America, a 10-year strategic plan published in March 2021. ...