Statement from NALC President Fredric V. Rolando on Postal Service’s FY 2021 Q2 Financial Report
The postal revenue increase over the same quarter last year drives home two points. The first is how much the American people and their businesses rely on the essential work of the Postal Service. During the pandemic, letter carriers have helped tens of millions of Americans shelter safely at home, after helping them vote safely from home. Secondly, the fact that despite the demonstrated strength of the postal business model USPS reported a net loss indicates the urgent need for postal reform to address the artificial red ink caused by the 2006 congressional mandate that the USPS–alone among all U.S. companies and agencies–pre-fund future retiree benefits.