Friday, March 21, 2014

The Great Charade: An attempt to put the Postal Service in the most damaging financial straits possible?

Article Title: The masquerade continues: Playing politics with the Postal Service's unfunded liabilities
Snippet of Article: "...The fact is that the Postal Service is in the situation it’s in today largely because Congress created funding schedules and funding levels for pension and retiree healthcare obligations that exceeded standard accounting practice. Only the most naïve or ideologically predisposed observer would believe that the way these obligations have been presented and accounted for represents anything other than an attempt to put the Postal Service in the most damaging financial straits possible. ..."


Source: www.savethepostoffice.com

[tag] Federal Employee News, Federal Civil Service, funding levels for pension and retiree healthcare obligations [/tag]