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I don’t find it onerous at all. The USPS pension will ultimately be one of the few fully funded public pensions. Head to your favorite search engine, pick any
by cwhiz 6y ago
I don’t find it onerous at all. The USPS pension will ultimately be one of the few fully funded public pensions.
Head to your favorite search engine, pick any city or state in the US, and then follow it with “pension crisis.”
USPS retirees will be better off than virtually any other non-military government employee.
- eru 6y agoI am inclined to agree. But I assume that in practice it's all just down to accounting: retirees tend to vote a lot. So I expect pensions to be bailed out. Especially government pensions. USPS is just forced to already confront reality early, instead of waiting for the bailout later.
- delfinom 6y agoI'm waiting for GE to implode. Their pension liability is easily near $100 billion and they have no ability to fund it. And of course because this is America, we are going to end up giving GE some welfare.