News & information

Postal Service pension requirement threatens to break the bank

  ·  Editorial Board, News & Observer   ·   Link to Article
Postal Service pension requirement threatens to break the bank

An editorial in Raleigh, NC’s News & Observer railed against pre-funding, calling it the “real threat to USPS.” It referred to the congressional mandate as “a curiosity” and further said that “The requirement needs to be lifted to give USPS a chance to rebound…” and, later on, that USPS “...has to be relieved of a congressional anchor that might sink it.” The News & Observer is the second-largest newspaper in the least-unionized state in the country.