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tonyt53

(5,737 posts)

6. The same legislation that required that 75 year funding of the USPS pension hit private ones too

Reply to yeoman6987 (Reply #3)

Tue Jul 26, 2016, 04:08 PM

Jul 2016

Defined benefit plans are now graded and have to maintain a level of at least 93% funding for future benefits of all participants or they must undertake other funding initiatives, like contribution increases or reduction in benefits for future retirees. This action put an undue burden on union defined benefit plans especially.

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Stop the Postal Service Reform Act of 2016. #SaveUSPS [View all] Panich52 Jul 2016 OP

You can thank Bush II for that 75 year funding requirement. tonyt53 Jul 2016 #1

He signed this mess yeoman6987 Jul 2016 #3

The same legislation that required that 75 year funding of the USPS pension hit private ones too tonyt53 Jul 2016 #6

Hit unions...further evidence of real conservative intent... Panich52 Jul 2016 #15

That's what needs to be repealed. Ilsa Jul 2016 #8

If everyone mailed one single first class letter a month... A HERETIC I AM Jul 2016 #2

Maybe we should start a pen pal thread. lapucelle Jul 2016 #4

Pay 42 cents when you can do it for free over email or web pay? yeoman6987 Jul 2016 #5

They aren't running business. Businesses still rely heavily on the USPS. tonyt53 Jul 2016 #7

I can pretty much guarantee you that the grandmothers of those millenials.... A HERETIC I AM Jul 2016 #9

Hopefully they call often yeoman6987 Jul 2016 #10

A call is great... Paka Jul 2016 #13

Nice try. Kingofalldems Jul 2016 #19

Sign of lost art of letter writing... Panich52 Jul 2016 #14

Done. NT Ilsa Jul 2016 #11

The company I work for does 75% of its shipping with the USPS. 4lbs Jul 2016 #12

For many items I prefer getting items shipped USPS csziggy Jul 2016 #16

Well, with Priority and Express, the tracking system does get updated, however 4lbs Jul 2016 #17

UPS and FedEx are not the problem, some companies are csziggy Jul 2016 #18