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Economy

CurtEastPoint

(19,570 posts)

4. and are they (GOP) still forcing the pay for health benefits up through 2080 or some ridiculous year?

Reply to mahatmakanejeeves (Original post)

Mon Apr 15, 2024, 06:37 PM

Apr 2024

In 2006, Congress passed a law that imposed extraordinary costs on the U.S. Postal Service. The Postal Accountability and Enhancement Act (PAEA) required the USPS to create a $72 billion fund to pay for the cost of its post-retirement health care costs, 75 years into the future. This burden applies to no other federal agency or private corporation.

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Highlight:

USPS got billions in financial aid, and now says it needs more [View all] mahatmakanejeeves Apr 2024 OP

Where is House oversight? OAITW r.2.0 Apr 2024 #1

DeJoy is driving it to privatization. bucolic_frolic Apr 2024 #3

Not to mention rate increases twice a year, mid single digits bucolic_frolic Apr 2024 #2

and are they (GOP) still forcing the pay for health benefits up through 2080 or some ridiculous year? CurtEastPoint Apr 2024 #4

The PAEA passed both houses of congress unanimously in 2006 MichMan Apr 2024 #5

Didn't know that. Thank you for clarifying CurtEastPoint Apr 2024 #6