Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: edcoil
At the moment USPS employees have paid $75 billion more into the OPM managed retirement system than will ever be drawn out.

$75 billion means the USPS did not negotiate in good faith with the unions and associations and shortchanged each and every employee by about $100,000 ~ so, as I've been telling you, USPS employees actually pay for their own pensions out of earned income.

And you? Do you have a 401(k) plan perhaps?

27 posted on 08/05/2010 10:12:08 AM PDT by muawiyah
[ Post Reply | Private Reply | To 24 | View Replies ]


To: muawiyah
$75 billion means the USPS did not negotiate in good faith with the unions...

I thought that the $75 billion excess came from mandatory calculation methods imposed upon them by regulators and Congress, as opposed to any kind of duplicity or bad faith on their part.

41 posted on 08/05/2010 10:27:03 AM PDT by mvpel (Michael Pelletier)
[ Post Reply | Private Reply | To 27 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson