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To: C210N

Problem is the USPS doesn’t get to make any business decision unencumbered of the political whims of congress. The primary reason they’re in trouble now is because congress makes them pay for the next 50 years of their pension, if they didn’t have to do that they wouldn’t be losing money and none of the things they’re doing to cut costs would be necessary.


8 posted on 04/10/2013 9:11:28 AM PDT by discostu (Not just another moon faced assassin of joy.)
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To: discostu

“The primary reason they’re in trouble now is because congress makes them pay for the next 50 years of their pension.”

Among the rank and file of the USPS, it is widely assumed that these in excess of any practical need pension payments are somehow being siphoned off to other federal pension plans.


17 posted on 04/10/2013 9:47:37 AM PDT by rgboomers (This space purposely left blank)
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To: discostu
Not quite right ~ the organization is taxed by Congress to pay for retirees health care insurance premiums 75 YEARS FROM NOW.

There's not a postal worker or postal retiree alive who will ever see a dime of that money!

BTW, nobody else does that!

23 posted on 04/10/2013 9:59:35 AM PDT by muawiyah
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