USPS PROPOSES ACCOUNTING CHANGE THAT MAY EFFECT THE FINANCIAL EVALUATION OF THE IMPACT ASSOCIATED WITH POStPLAN

On August 12, the Postal Service asked the Postal Regulatory Commission (PRC) to begin a proceeding to change the way in which the agency accounts for certain costs associated with POStPlan-impacted small and rural post offices. On August 17, the Postal Regulatory Commission established a public proceeding to consider the Postal Service’s request. It appears that the Postal Service would like to combine clerk expenditures associated with POStPlan impacted offices with the costs of clerks employed in larger offices. At the NAPUS Convention, the Executive Board will discuss how this proposed new arrangement could affect the fair evaluation of the financial impact associated with POStPlan.

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