The Task Force’s recommendations include, but are not limited to:

Improving governance by strengthening the Board of Governors and developing enforcement mechanisms to ensure financial commitments and reforms are met;

• Clearly defining the Universal Service Obligation by specifying what are “essential postal services,” or types of mail and packages for which a strong social or macroeconomic rationale exists for government protection;
• Developing a new pricing model that removes price caps and charges market-based prices for both mail and package items that are not deemed “essential postal services”;
• Modernizing the USPS’s cost standards and cost allocation methodology;
• Pursuing cost-cutting strategies that will enable it to meet the changing realities of its business model;
• Reforming USPS employee compensation in a manner consistent with proposed reforms to the broader federal workforce;
• Restructuring retiree health benefit liabilities with a new actuarial calculation that is based on employees at or near retirement age;
• Exploring new services that will allow the USPS to exact value from its existing assets and business lines, but that present no balance sheet risk.

Retiree Health Benefits 

Congress requires the USPS to fund the retiree health benefits of its employees as part of a mandate for postal self-sustainability. The Task Force does not believe that this general policy should change or that the liability for USPS retiree health benefits should be shifted to the taxpayers. The Task Force believes that this obligation, including the $43 billion in pre- funding payments that the USPS failed to pay into the Postal Service Retiree Health Benefits Fund and the unfunded actuarial liability for retiree health benefits, must be restructured with the payments re-amortized with a new actuarial calculation based on the population of employees at or near retirement age.5

https://home.treasury.gov/system/files/136/USPS_A_Sustainable_Path_Forward_report_12-04-2018.pdf