- Vision [1]
- The Commission will ensure transparency and accountability of the United States Postal Service and foster a vital and efficient
postal system that includes universal service. In five years time, the Postal Service will have several years of experience
operating under a modern rate regulation system. There will be more consistency in postal rates because of a predictable ratemaking
process as well as transparency and financial accountability across postal classes. The public will better understand the
Postal Service because of enhanced transparency. The Postal Service will be better able to respond to changing market conditions,
factors, and concerns as identified in the PAEA. The Postal Service will be a responsive service provider focused on efficiency
and effectiveness. The role of the Commission in the future of the postal system: Over the next five years, the Commission
will become a mature regulator exercising statutory and comprehensive oversight of the United States Postal Service. We will
promote transparency, accountability, predictability, and responsiveness. We will achieve these core objectives and inspire
the trust of our stakeholders by: Continuing to utilize strong technical expertise to our role as regulator Maintaining open
communication with all stakeholders Establishing and implementing rigorous methods to assess Postal Service adherence to compliance
reviews that focus on objectives and factors of customer service and financial standards Creating a consistent and proactive
reporting mechanism Operating by our guiding principles Achieving our strategic goals Over the next five years, the Commission
will establish and refine rules, regulations, and procedures to fully meet the intent and spirit of the PAEA. The early years
of work will be dedicated to development of the rules, regulations, and procedures to comply with the PAEA and to plan and
perform appropriate studies for the U.S. Congress. As these regulations and procedures are employed, they will be assessed
and refined in partnership with stakeholders, moving toward a more effective mail system coupled with effective oversight.
The Commission will communicate to the U.S. Congress, and other stakeholders, concerning Commission operations through a series
of annual and periodic reports, which includes: Annual Report to the President and the Congress Annual Compliance Report Report
to President and the Congress on universal postal service and the postal monopoly in the United States Report on rates (costs)
for periodicals; jointly with the Postal Service Five year review to determine if the institutional cost contribution requirements
specified in the rule applicable to competitive products should be retained in its current form, modified, or eliminated (section
3633(a)(3)) Ten year review of the system for regulating rates and classes for market-dominant products to determine whether
the system is achieving objectives of the PAEA.
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