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USPS Will Run Out Of Retiree Health Care Funding In 12 Years
Hotair ^ | 10/04/2018 | Jazz Shaw

Posted on 10/04/2018 10:33:12 AM PDT by SeekAndFind

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1 posted on 10/04/2018 10:33:12 AM PDT by SeekAndFind
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To: SeekAndFind

Problem is can’t put the inter web genie back in the bottle.
Internet killed lettermail.
Deutsche Post was sold to DHL back in the `90s.

No political will for that in the USA yet.


2 posted on 10/04/2018 10:42:48 AM PDT by Para-Ord.45 (Americans, happy in tutelage by the reflection that they have chosen their own dictators.)
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To: SeekAndFind

Good.


3 posted on 10/04/2018 10:44:21 AM PDT by Darteaus94025 (Can't have a Liberal without a Lie)
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To: SeekAndFind

Our domestic enemies don’t trust USPS for anything more than to screw things up, slow things down, and deliver for Amazon on Sundays.


4 posted on 10/04/2018 10:44:30 AM PDT by treetopsandroofs
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To: SeekAndFind
They seriously need to redo their business model.

Most companies charge for delivery. Most businesses do not charge to pick up on site.

The USPS has it backwards! They provide almost free delivery, and charge to pick up onsite.

It's no wonder they cant turn a profit!

5 posted on 10/04/2018 10:44:35 AM PDT by rawcatslyentist ("All that is necessary for evil to triumph is for good men to do nothing")
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To: SeekAndFind

Invest in Amazon, UPS, FedEx, DHL. Even if they lose, they win.


6 posted on 10/04/2018 10:46:06 AM PDT by Surrounded_too
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To: SeekAndFind

If they quit delivering ads they could cut staff in half.


7 posted on 10/04/2018 10:46:45 AM PDT by G Larry (There is no great virtue in bargaining with the Devil)
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To: SeekAndFind

Well they could pass a law where the US Post Office are the only ones who can deliver letters............ never mind.


8 posted on 10/04/2018 10:46:50 AM PDT by Lockbox
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To: SeekAndFind

The new $4 stamps will make everything dandy again !


9 posted on 10/04/2018 10:49:48 AM PDT by tomkat
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To: SeekAndFind

I am going to repeat the lesson I learned in 2008.

Anybody who shows up in the halls of the US Congress with a sufficiently butt-puckering tale of doom and disaster WILL get a bailout.

Say it with me.
WILL get a bailout.
WILL get a bailout.

This will get “fixed” by having you and I once again kick into the kitty. Don’t kid yourselves.


10 posted on 10/04/2018 10:50:45 AM PDT by Buckeye McFrog
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To: SeekAndFind

I run out of health care funding in one month if I don’t pay my invoice. I have the same crisis every month.


11 posted on 10/04/2018 10:52:03 AM PDT by LostInBayport (When there are more people riding in the cart than there are pulling it, the cart stops moving...)
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To: SeekAndFind

My Post Office service is fantastic, and the USPS Informed Delivery Digest is a series cut above anything that FedEx or UPS offers.

Too bad overgenerous pensions are reducing their competitiveness like so many companies with legacy defined benefit plans.


12 posted on 10/04/2018 10:54:35 AM PDT by Smogger
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To: SeekAndFind

Wonder if this could happen to the Military retirement checks..


13 posted on 10/04/2018 10:56:02 AM PDT by DEPcom
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To: SeekAndFind

Maybe if they got rid of most of their Post Masters, and supervisors, they’d be able to afford it.


14 posted on 10/04/2018 10:57:27 AM PDT by mass55th (Courage is being scared to death - but saddling up anyway...John Wayne)
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To: SeekAndFind

My wife took an early retirement, too young to draw from her retirement plan.
Her company bought an annuity to fund her retirement, effective when she turns 65.

Not sure if or how it would work, but I always wondered why more companies don’t use annuities to fund retirement plans.

as an FYI...My uncle is drawing a retirement from the central states teamsters pension fund.
The fund goes down to 0 balance 2025. Obama rejected an alternate plan to keep the fund going.(mostly a reduced benefits plan)


15 posted on 10/04/2018 11:03:48 AM PDT by stylin19a ( Best.Election.Of.All.Times.Ever.In.The.History.Of.Ever)
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To: G Larry

95 percent of the mail I get is nothing but junk and advertising.


16 posted on 10/04/2018 11:05:46 AM PDT by wally_bert (I will competently make sure the thing is done incompetently.)
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To: stylin19a

Annuities are a terrible investment. That’s why


17 posted on 10/04/2018 11:06:00 AM PDT by bert ((KE. N.P. N.C. +12) Muller..... conspiracy to over throw the government)
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To: DEPcom

I’d wager Congress would jam people on military retirement bigly to keep the post office crowd propped up.


18 posted on 10/04/2018 11:07:28 AM PDT by wally_bert (I will competently make sure the thing is done incompetently.)
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To: SeekAndFind

Why do I feel like I heard this 12 years ago? And 24 years ago... The truth is they’ll just take the money from somewhere else. It’s all a Ponzi scheme.


19 posted on 10/04/2018 11:08:08 AM PDT by thefactor (yes, as a matter of fact, i DID only read the excerpt)
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To: SeekAndFind

Last 100 roll of 1st Class stamps I bought are the Forever kind.

It’s a good thing. The wife will probably drop the roll in my coffin before they shut the lid for the last time...


20 posted on 10/04/2018 11:24:04 AM PDT by moovova
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