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    Lysander Spooner University

    Think Outside The Cage!

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    Lysander Spooner University

    Think Outside The Cage!

    HomeAgainst the U.S. Postal ServiceU.S. Postal Service has unfunded pension liabilities of almost $50 billion
    Against the U.S. Postal Service

    U.S. Postal Service has unfunded pension liabilities of almost $50 billion

    author
    By Lysander
    January 4, 2020January 4, 2020
    0 minutes, 17 seconds Read

    The U.S. Postal Service loses $5 to $7 billion annually. It pays its workers too much; and thousands of people apply for every opening.

    Managers of the pension program for the USPS’s millionaire retirees have not been contributing much to the pension fund over the past 20 years, due to the horrendous fiscal condition of the “Service.” See here.

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