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UPDATE: PRESIDENT BIDEN SIGNS POSTAL SERVICE REFORM ACT

WASHINGTON, DC — April 6, 2022 — President Biden signed the Postal Service Reform Act into law, a month after the Senate passed the legislation 79-19.

The legislation eliminates the Postal Service’s outdated, burdensome retiree health benefit prefunding requirement and integrates the organization’s retiree health benefit program with Medicare in a manner that is consistent with private sector best practices.

The bill also formalizes the organization’s obligation to deliver mail and packages six days per week through an integrated delivery network, and it includes accountability, transparency and reporting requirements.

RELATED: House Passes Postal Reform Bill That Ends Prefunding And Mandates 6-Day Service

“With the legislative financial reforms achieved today, combined with our own self-led operational reforms, we will be able to self-fund our operations and continue to deliver to 161 million addresses six days per-week for many decades to come,” said Postmaster General and CEO Louis DeJoy. “I thank the Senate and our Committee leadership that broke the 10-year logjam which has long constrained the finances of the Postal Service. The Postal Service serves every American every day and so it’s only right that our future is now collectively assured by members of all political parties.”

As passed by the House and Senate, the key elements of the Postal Service Reform Act are that it eliminates the unfair, outdated, and burdensome retiree health benefit prefunding requirement, and it integrates our retiree health benefit program with Medicare in a manner that is fully consistent with private sector best practices. The bill also formalizes our obligation to deliver mail and packages six days per-week through an integrated delivery network, and includes accountability, transparency and reporting requirements.

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