Talk of The Villages Florida - View Single Post - USPS can make me "Go Postal"
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Old 12-14-2018, 06:18 PM
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BobnBev BobnBev is offline
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Quote:
Originally Posted by retiredguy123 View Post
Not sure what your point is, but the report you referred to says that the USPS has 500,000 employees and 600,000 retirees receiving pensions and health benefits. And, the chart on operating expenses shows a loss, and it is not clear if the operating expenses even include funding for the future pensions and health expenses for the 500,000 future retirees. I know that the postal union always wants to define operating expenses as not including the future and current liability for pensions and retiree health expenses. These are real expenses that should be funded as part of their operating costs. When a Government employee retires, he/she may live 30 or 40 years in retirement and very well could receive benefits during retirement that exceed the total income that they earned while they were working.
And that's what life is all about, folks. It is what it is. I am very happy with the Post Office, they do a great job.
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