Postal Regulatory Commission

Specifically, that additional oversight consisted of conducting public, on-the-record hearings concerning proposed mail classification or major service changes and of recommending actions to be taken by the postal Governors.

The law also assigns new and continuing oversight responsibilities to the Postal Regulatory Commission, including annual determinations of USPS compliance with applicable laws, development of accounting practices and procedures for the Postal Service, review of the Universal Service requirement, and assurance of transparency through periodic reports.

This provision of the law has been highly controversial, as no other federal agency is required to pre-fund future retirees' health benefits in this manner.

The consequences of this funding requirement have been blamed for the perilous financial condition of the Postal Service, but no consensus has been reached on its fiscal effects, given other contributors such as stiff competition and other economic circumstances.

[7] As with Postal Governors, PRC commissioners are permitted to serve for one additional "holdover" year beyond the end of their term if a replacement has not been nominated and confirmed.

[11] The Office of Secretary & Administration records and preserves PRC actions and documents, manages the dockets, reference materials, and interagency reporting.

It also helps to manage the administrative aspects of the PRC, including budgeting and accounting, strategic planning, contracting, human resources and personnel, and serves as a point of contact for audits.