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> Congress and Biden recently fixed the prepay pension handcuffs initially intended to hold the USPS down from investment in their infra. I don't really have a
by prostoalex 4y ago
> Congress and Biden recently fixed the prepay pension handcuffs initially intended to hold the USPS down from investment in their infra.
I don't really have a horse in this game, but what's the playbook now for the scenario when the pension fund under-performs, and USPS is on the hook to make up the difference?
- toomuchtodo 4y agoBackfilled by the general fund decades down the road.
- prostoalex 4y agoIs that possible? I thought the whole reason they're not plain old federal employees is this setup where USPS is chartered as an independent entity? Do they even have a general fund?
- toomuchtodo 4y agoAnything is possible with legislation and a tax base. The general fund I referred to is the US federal general fund. https://fiscal.treasury.gov/general-fund/ https://fiscal.treasury.gov/general-fund/