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>I think it’s more accurate to compare them to other federal agencies who all also have to prefund pensions, including medical pensions. Other Federal agencies
by learc83 6y ago
>I think it’s more accurate to compare them to other federal agencies who all also have to prefund pensions, including medical pensions.
Other Federal agencies don't have to finance their own operations, so it makes no sense to compare them to the USPS. In most cases congress just allocated more money to the agency so that pensions could be prefunded.
The closest thing I can think of is if congress had told NASA: "You need to come up with 75 years worth of pensions and health plans within the next 10 years and we weren't going to give you any extra money to do so. Oh and you can't reduce benefits, and you must maintain the exact same level of services. And if you can't do this we are going to sell off your assets and privatize your agency."
If congress had done this it would obviously be because their goal was to privatize NASA. This has never been done to any other agency.