-
- Postal losses are due almost exclusively to a 2006 law passed by a lame duck GOP Congress requiring the USPS to prefund 75 years worth of future retiree health benefits in a 10 year window. This is for people not only not hired yet, but not even born yet. The actual CSRS fund is overfunded by over $50 billion and the FERS fund is overfunded by about $8 billion. Remove the onerous requirements, not imposed on any other business in America - public or private - and the losses would virtually disappear. This ABC story is a typical uninformed or uninvestigated sound bite taken right from postal management trying to scare the people and lawmakers into allowing them to abrogate contracts with the postal unions. They are currently in an arbitration with the National Association of Letter Carriers and are trying to influence the decision. Cuts of over 100,000 employees have been made to deal with the reduction of first class mail and productivity is at an all time high. Comparable private businesses like UPS pay their employees MORE than USPS pays their employees and their retirement package is also much better.
- December 26, 2012 11:57 pm on GUEST COMMENTARY: Treat retired federal employees like everyone else
-
- Yes the USPS pays gasoline taxes. They get their gas at the same stations you get your gas at. UPS is not cheaper or more efficient than the USPS. Go to both sites and see what they each charge for packages, especially the Priority Mail option for the Post Office. With the flat rate option it can be HALF the price of UPS. Also, there is a UPS truck unloading parcels daily at Post Offices across America for USPS to deliver because we are more efficient than them. It's called last mile delivery. They charge so much they can afford to pay the USPS to make the actual delivery to the home. And lastly, 6 day delivery is a huge advantage form the USPS and deeply appreciated by many postal patrons, especially the Netflix users that get their movies for the weekend.
- December 26, 2012 11:47 pm on GUEST COMMENTARY: Treat retired federal employees like everyone else
sponsored by
Jester59
Follow The Times
Latest Local Offers
Stop by and check out our in store specials 20-40% off for a limited time on stunning fashion jewelry!
219-926-9039
Look Your BEST This Swimsuit Season with Body Sculpting’s Boot Camp Workouts
Call now and SAVE $60.00 on an 8 pack of ½ hour Boot Camp Work…
$7 off full service oil change OR Select Flush Services: Including Trans, Coolant, Oil System Clnr, Power Steering.
Exp 6/29/13. 219-922-1288
Pools 'n' Spas 'n' Stuff, Inc. Works With You
Contact Pools 'n' Spas 'n' Stuff, Inc. today at 219-980-0882. …
National Video
Most Popular
- 1 Police seek public's help identifying person who dumped puppies
- 2 Dyer man dies following construction accident at Northwestern University
- 3 Woman enters guilty plea on child molestation, exploitation charges
- 4 Lowell man, 86, dies after accidentally setting himself on fire
- 5 Feds: Van Til indicted for using public employees, resources for campaign work
Poll
Loading…
Should Congress enact a federal media shield law?
Recent Blog Posts
- FIRST PITCH: Opening day, Michelle FieldsMay 16, 2013 7:30 pm
- LIVE: RailCats season opener vs. Lincoln SaltdogsMay 16, 2013 4:30 pm
- Early look at 2013-14 Valparaiso Men's Basketball teamMay 16, 2013 3:52 pm
- Moussa Gueye and Mohamed KoneMay 15, 2013 10:35 pm
Please Wait…