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THe USPS and parcels
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<blockquote data-quote="hondo" data-source="post: 753926" data-attributes="member: 8661"><p>+1</p><p>And, I would add, that the biggest financial problem facing the USPS is the relatively recent changes in the way their pensions are required to be funded, <strong>NOT</strong> a decline in volume or operating losses. Sound familiar? That happened about the same time our pension funds' accounting and reporting rules were changed. The USPS had otherwise been able keep up financially with rate hikes, operation changes, new services, etc.</p></blockquote><p></p>
[QUOTE="hondo, post: 753926, member: 8661"] +1 And, I would add, that the biggest financial problem facing the USPS is the relatively recent changes in the way their pensions are required to be funded, [B]NOT[/B] a decline in volume or operating losses. Sound familiar? That happened about the same time our pension funds' accounting and reporting rules were changed. The USPS had otherwise been able keep up financially with rate hikes, operation changes, new services, etc. [/QUOTE]
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