Quote:
Originally Posted by retiredguy123
The postal union does not want to count the cost for prefunding the future health and pension benefits of their retirees. When a postal employee retires, he/she will receive a generous pension and health insurance for the rest of their life. These are real costs to the taxpayer and they are enormous, sometimes lasting 30 years or more. The postal service is not self sufficient.
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This is so true. But the same can be said of the retirement benefits for public school teachers, police, firemen, and nearly all government workers. I have many friends in those kinds of positions, and in their retirement, they are making more money from their pension, than I make working 50 hours a week. And they're attitude is generally, "I got mine". One of these days, these pension costs are going to come back to haunt everyone. I'm in favor of decent pensions, even though private sector does not do this any longer. But when I see people getting high 5 and sometimes 6-figure pensions, it makes me sick. They are getting more in retirement than the working people they serve.