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Old 06-19-2014, 10:16 AM   #30 (permalink)
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robotparker's Avatar
Join Date: Mar 2007
Location: Chattanooga, TN
Posts: 511
The problem isn't that the USPS is being required to pre-fund their retirement funds, the problem is that they were asked to pre-fund retirements for the next 75 years. They're having to squirrel away money for employees that aren't even born yet. No other public or private institution has ever been required to do this! It was a blatant attempt by the Bush administration to sink the postal service and the postal union. Before the pre-funding mandate, the USPS was actually quite profitable. More info here:

I've had good and bad experiences with the USPS, Fed Ex, and UPS. Life is a grab bag. But in the interest of full disclosure: I am a former postal employee, who has sometimes been described by friends as being cold, unaccommodating, and prone to sarcastic sighs and eye-rolls.
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