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You're correct in that it was healthcare, not pension. No wonder I was having trouble finding articles that I was sure I'd read on this. That said, the require
by rohansingh 14y ago
You're correct in that it was healthcare, not pension. No wonder I was having trouble finding articles that I was sure I'd read on this.
That said, the requirement, which seems to be that the USPS must fund healthcare benefits 75 years in advance, is still patently ridiculous. It is a manufactured crisis, in part.
- newbie12 14y agoUSPS needs to fund the promises it is making to its employees, especially when those promises will eventually cost nearly $50 billion. The retiree health care benefit is unique to postal workers, which is why USPS claims the burden is unique, but that's a pretty dishonest description of the situation.
- ahi 14y agoThey are currently prepaying health care benefits for workers who haven't been born yet. It's absurd. Congress went from one extreme to the other.