>The major problem the USPS has is the 2006 law requiring them to prefund employee pensions at the time of retirement, which no other business has to do.
This is a common talking point, but is factually incorrect.
(1) The USPS hasn't made any of those payments since 2013. Their current financial woes aren't caused by the requirement since their not making the payments.
(2) Pensions are required to be fully funded. In practice that's a bit more theoretical than actual, but the USPS isn't being treated any different.
This is a common talking point, but is factually incorrect.
(1) The USPS hasn't made any of those payments since 2013. Their current financial woes aren't caused by the requirement since their not making the payments.
(2) Pensions are required to be fully funded. In practice that's a bit more theoretical than actual, but the USPS isn't being treated any different.