Quote:
Originally Posted by retiredguy123
It is absurd to suggest that the USPS not be required to prefund future retirement benefits. They are a real cost to the taxpayers. I retired from the Federal Government 11 years ago and have already collected almost as much money in my pension as I did in salary during my entire career. No wonder people don't like unions. The postal union actually wants you to believe that the USPS pays for itself, but they only want to count their current operating expenses with no regard for future retiree benefits. That is laughable.
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Really?
Given that even under the old CSRS, a person maxed out at 80% of 'high 3' at 40 years of service (a little earlier for certain classes)...please explain how your statement could be possible.
The Maximum CSRS Annuity