USPS unable to pay retiree benefits

**PennyPincher** · 07-30-2012, 08:54 PM

The USPS is supposed to be making a payment for retiree's benefits. And they are about to default. This payment is supposed to go to the US Treasury. So who do you think will be picking up that tab?

http://www.federaltimes.com/article/...ee-health-fund

Try that one.

**CTsupra** · 07-30-2012, 09:06 PM

Check your link.

**BWhite** · 07-30-2012, 09:22 PM

They need to change the game and start hiring people at min. wage and no benefits .

**CTsupra** · 07-30-2012, 09:26 PM

You realize the article is from 2010, right?

**Maxpower** · 07-30-2012, 09:26 PM

Originally Posted by BWhite

They need to change the game and start hiring people at min. wage and no benefits .

Or change the game and go away. Let the private sector fulfill this necessary need and charge what it actually costs to deliver a package/ letter and make a profit, and still remain competitive. I bet there would be a lot less junk mail.

**Mr Weebles** · 07-30-2012, 09:29 PM

Originally Posted by Maxpower

Or change the game and go away. Let the private sector fulfill this necessary need and charge what it actually costs to deliver a package/ letter and make a profit, and still remain competitive. I bet there would be a lot less junk mail.

Yup.

I still use the mail occasionally but would gladly pay 3-4X the price for better service from a private company.

And who the hell needs mail delivery six days a week? Knock it down to once or twice a week. No one will notice after a few months.

**FreeWillie** · 07-30-2012, 10:57 PM

Originally Posted by Mr Weebles

Yup.

I still use the mail occasionally but would gladly pay 3-4X the price for better service from a private company.

And who the hell needs mail delivery six days a week? Knock it down to once or twice a week. No one will notice after a few months.

I only check my mailbox ounce a week.

**jmccarthy1983** · 07-30-2012, 11:25 PM

Originally Posted by PennyPincher

The USPS is supposed to be making a payment for retiree's benefits. And they are about to default. This payment is supposed to go to the US Treasury. So who do you think will be picking up that tab?

http://www.federaltimes.com/article/...ee-health-fund

Try that one.

The prefunding was done for when the post office had 750,000 employee's. The post office now has around 550,000 now and plan to cut another 150-200,000 jobs so technically the post office is actually over funded their retirement and are currently funding your grandkids retirement 50 years in the future.

Originally Posted by BWhite

They need to change the game and start hiring people at min. wage and no benefits .

No one would do it, you trade your knee back and life for good pay, most of the carriers cant walk at all by the end of retirement or have hip/knee/back problems. You do minimum wage no one would do the job.

Originally Posted by Mr Weebles

Yup.

I still use the mail occasionally but would gladly pay 3-4X the price for better service from a private company.

And who the hell needs mail delivery six days a week? Knock it down to once or twice a week. No one will notice after a few months.

If you saw the mail thats delivered daily you would change your mind. From personal experience 1-2 shows you have no real concept of how much mail is delivered on a route and mail volume.

**Tyke** · 07-30-2012, 11:41 PM

Originally Posted by BWhite

They need to change the game and start hiring people at min. wage and no benefits .

No one would do it.

As for the rest...it was in the contract...pay up.

**soloman02** · 07-31-2012, 01:29 AM

The saddest part of all this is that the post office is one of the VERY FEW things listed in the constitution as an actual responsibility of the government. Even with that requirement they still managed to **** it up.

USPS unable to pay retiree benefits

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