It's that the USPS pays it's pensions out of current income. It doesn't have a pension fund. It's been that way forever.
Some accountants and lawmakers have conspired to force them to change their accounting to show that they MUST put money in their pension fund, and frankly the post office has pretty much refused to do that so it's kind of like this: - "Did you put 1 billion dollars in the bank for your employees like I asked"?- "No we did not. We are doing things the way we have always done. We pay our bills out of our income stream. We are the post office, we have no intention of ever going out of business"- "Okay, I'm showing that you "owe" the 1 billion dollars"- "Fine, we don't care" AP news --- Post OFFICE LOSES 1 BILLION DOLLARS So it's all a bunch of fake news, -------------- next part -------------- An HTML attachment was scrubbed... URL: <http://lists.evdl.org/private.cgi/ev-evdl.org/attachments/20250623/caba48d4/attachment.htm> _______________________________________________ Address messages to [email protected] No other addresses in TO and CC fields HELP: http://www.evdl.org/help/
