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USPS loses $3.3B in FY2012's first quarter
USPS loses $3.3B in FY2012's first quarter - FederalTimes.com

Workers' comp costs Postal Service 35% more than private sector (conservative estimate)
"The U.S. Postal Service could save at least $335 million on its yearly workers' compensation tab if the federal government adopted some of the cost-cutting techniques used by private companies, the agency's inspector general concludes in a new report.

Disabled postal employees, for example, can receive full reimbursement for the cost of brand-name drugs. Limit that reimbursement to the cost of generic equivalents and the Postal Service could save some $9 million per year, the audit found. Other economies could be found by limiting benefits to a set period of time and doing more to put injured postal employees back to work.

As of June, some 16,200 disabled USPS employees — or more than one-third of the total for the federal workforce — were on the long-term workers' comp rolls. Of those, 928 were aged 80 or older. One was 99.

By one benchmark, workers' comp claims are costing the mail carrier 35 percent more than in the private sector....."
Workers' comp costs Postal Service more than it should, IG finds - FederalTimes.com

Postal Service to announce mail-processing plant closures
Postal Service to announce mail-processing plant closures - FederalTimes.com

Small group of feds collects more than half of workers' comp benefits
Small group of feds collects more than half of workers' comp benefits - FederalTimes.com

38 postal execs earn more than Cabinet members
38 postal execs earn more than Cabinet members - FederalTimes.com