Originally Posted by
FDXLAG
Please source your claim that the post office is required to "fully" fund 75 years of retirement cost.
In 2006, the United States Congress passed the Postal Accountability and Enhancement Act of 2006 (PAEA). This bill required that the USPS prefund its future health care benefit payments to retirees for the next 75 years in an astonishing ten-year time span...
Ralph Nader, "The Manufactured 'Financial Crisis' of the U.S. Postal Service"
REP. DENNIS KUCINICH: Well, Congress passed a law in 2006 that mandated that the Postal Service pre-fund its employees’ health—its retirees’ health benefits for 75 years, but to do it within a 10-year period...
As U.S. Postal Service Faces Default, Critics See Manufactured Crisis to Speed Up Privatization
In 2006, a Republican Congress—acting at the behest of the Bush-Cheney administration—enacted a law that required the postal service to “pre-fund” retiree health benefits 75 years into the future. No major private-sector corporation or public-sector agency could do that. It’s an untenable demand...
Congress Fiddles While the Post Office Burns | The Nation
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