Yeah, and I though that was health care not pensions, which was my point (or one of them).
Pensions, whether they be DBPs or DCPs, should be fully funded. Somehow some expect the public sector to be immune from this standard that is required of everyone else.
Edit: I doubt that they're purposefully trying to run the USPS out of business. I do not doubt that they are fearful if it does close they would otherwise be stuck with paying the benefits. Having such benefits fully funded eliminates that threat. I would also add that this is what you get when you support Congress mandating how others spend their money.
Fern
I sincerely doubt that Congress was afraid of the USPS's imminent closure when they passed that legislation. I mean our legislators are dumb, but it's hard to believe they are that dumb. The USPS was quite profitable when this legislation was passed, after all. It was simply economically stupid and irrational legislation. Then again I don't think anyone has ever accused the Republicans in Congress of being particularly knowledgeable about economics.
As for what you get when you support Congress mandating how others spend their money, I have no idea what nonsensical point you're trying to make. The USPS is a federal agency, of course Congress can tell it how to spend its money. How else would it possibly be?
The USPS is subject to a mandate that no other business, public or private, is subject to. End of story.