USPS reports fiscal year 2017 results
Postal Service reported revenue of $69.6 billion for fiscal year 2017 (October 1, 2016 - September 30, 2017), a decrease of $1.8 billion compared to the prior year. 5 Expense for the annual payment due September 30, 2017, calculated by OPM, to amortize the unfunded CSRS retirement obligation as of September 30, 2016, the date of the most recent available information. 7 Represents the annual portion of the normal cost payment due September 30, 2017, attributable to revised actuarial assumptions a