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Postal Service to cut Saturday mail to trim costs
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<blockquote data-quote="PiedmontSteward" data-source="post: 1090008" data-attributes="member: 42270"><p>Exactly. The Postal Service is running in the red because of burdens Congress placed on it back in 2006; the so-called the Postal Accountability and Enhancement Act requires the USPS to pre-fund retirement health benefits 75 years in advance. Meaning the USPS is paying health care premiums for letter carriers/postal workers that <strong>haven't been born yet</strong>. No private employer is under such a stringent financial burden; take away those obligations and the USPS is running in the black again.</p><p></p><p>I hate SurePost as much as the next UPS'er, but don't be so quick to throw your post office union brothers under the bus before you know the whole story.</p></blockquote><p></p>
[QUOTE="PiedmontSteward, post: 1090008, member: 42270"] Exactly. The Postal Service is running in the red because of burdens Congress placed on it back in 2006; the so-called the Postal Accountability and Enhancement Act requires the USPS to pre-fund retirement health benefits 75 years in advance. Meaning the USPS is paying health care premiums for letter carriers/postal workers that [b]haven't been born yet[/b]. No private employer is under such a stringent financial burden; take away those obligations and the USPS is running in the black again. I hate SurePost as much as the next UPS'er, but don't be so quick to throw your post office union brothers under the bus before you know the whole story. [/QUOTE]
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Postal Service to cut Saturday mail to trim costs
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