Postmaster General’s Pay Package Under Fire

$135,000 Performance Bonus, as Post Office May Cut Back on Service, Raises Eyebrows

These are tough times for the post office, but not for the postmaster general. Even with stamp prices set to rise another two cents this May, the U.S. Postal Service is awash in red ink. In January, Postmaster General John Potter told Congress that he might be forced to cut back on mail deliveries to five days per week.

“I am forced to consider every option due to the severity of the challenge at hand,” Potter said in testimony last month in front of a Senate Homeland Security and Governmental Affairs subcommittee. “If current trends continue, we could experience a net loss of $6 billion or more this fiscal year.”

Potter’s base salary rose from $186,000 in 2007 to more than $260,000 last year. On top of that, he received a “performance” bonus of $135,000. Between Potter’s salary, bonuses, retirement benefits and other perks, total compensation was more than $850,000.

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