- Jul 20, 2001
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I've been reading up on the USPS' budget problems:
http://money.msn.com/business-news/article.aspx?feed=AP&date=20120928&id=15611621
and I'm okay with going past the loss of Saturday service and going for alternating days service. Half of routes could be M-W-F while the other half could be T-R-Sat. Cuts the number of carriers by half (probably not quite half but by a lot anyway). Given the rise in online transactions the case for six day mail service or even five day service is fading.
I'd rather the USPS maintain the fully funded retirement requirement (and apply a similar standard on all defined benefit plans) for fewer workers than continue with the current work force in an underfunded plan. Underfunded plans will eventually fall back on the taxpayers so it is better to fund the plans now when the benefit of the expense is realized rather than sticking future taxpayers who will not benefit from the expense.
http://money.msn.com/business-news/article.aspx?feed=AP&date=20120928&id=15611621
and I'm okay with going past the loss of Saturday service and going for alternating days service. Half of routes could be M-W-F while the other half could be T-R-Sat. Cuts the number of carriers by half (probably not quite half but by a lot anyway). Given the rise in online transactions the case for six day mail service or even five day service is fading.
I'd rather the USPS maintain the fully funded retirement requirement (and apply a similar standard on all defined benefit plans) for fewer workers than continue with the current work force in an underfunded plan. Underfunded plans will eventually fall back on the taxpayers so it is better to fund the plans now when the benefit of the expense is realized rather than sticking future taxpayers who will not benefit from the expense.