The Postal Service has floated a plan to pull out of the current health and retirement plans
Rather than allow employees to participate in the Federal Employee Health Benefits smorgasborg plan, USPS would create their own. The thought is that it could be done more efficiently, with less cost to the Postal Service.
"We would capture cost savings by establishing a simpler, more cost-effective plan structure in line with private sector best practices," according to the white paper.
The second part is to not offer the TSP plan to new employees, moving to a 401 (k) plan like the private sector.
According to a Rasmussen Poll, over half of Americans (56%) say that the USPS should be allowed to run its own benefits program even if it means providing its employees with lower benefits. Twenty-seven percent (27%) oppose such a move, while 16% are undecided.
There's few publicized details and it's just talk right now, but what do you think about this proposal?