SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Mainstream Politics and Economics
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: JBTFD who wrote (14627)4/7/2012 2:52:27 PM
From: sm1th1 Recommendation  Read Replies (1) of 85487
 
They should make the payment reasonable. Funding 75 years into the future is not reasonable. It is a burden designed to kill the post office. They have a $40 billion fund already.

You have finally convinced me now that I understand your argument. The correct funding level for the USPS defined benefit pension is exactly $0.00. There is no good reason for an organization that consistently loses money and is hopelessly overstaffed to offer a defined benefit pension. The existing fund can be converted to a defined contribution plan, and going forward they can have the same type of plan common for workers with similar skills in th private sector. This simple change would go a long way towards making th USPS solvent.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News