tag:blogger.com,1999:blog-7427238665701917635.post6567432613466117506..comments2023-07-04T04:04:29.158-07:00Comments on Your Postal Blog: Postal regulatory commission issues pension overpayment reportBenjamin "Benny the Blogger" Franklinhttp://www.blogger.com/profile/16836872570822325355noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-7427238665701917635.post-45001701526657002082010-07-08T07:24:58.122-07:002010-07-08T07:24:58.122-07:00Whether the amount is $50B or $75B, Congress will ...Whether the amount is $50B or $75B, Congress will not require a refund to USPS, because they have been using the onerous payments they have imposed on us to balance out -- make "revenue neutral" -- other spending. We will be lucky to get them to eliminate our future obligations to pre-fund retiree health premiums. The downsizing -- which is partially-based on reduced mail volume -- will continue, hopefully, only by attrition.grannybunnynoreply@blogger.comtag:blogger.com,1999:blog-7427238665701917635.post-32156775693439153432010-07-08T06:47:37.709-07:002010-07-08T06:47:37.709-07:00I agree USPS should be given credit for this amoun...I agree USPS should be given credit for this amount toward what we are expected to pay into the retiree health benefits fund. We will still need to downsize but should do it more gradually than they are currently proposing; delay the 5-day delivery plan, develop new revenue sources, reduce the workforce through attrition and elimination of unneccessary admin positions, reduce duties not directly related to delivering the mail and selling postal products.Merknoreply@blogger.comtag:blogger.com,1999:blog-7427238665701917635.post-959874694842585392010-07-08T06:43:42.259-07:002010-07-08T06:43:42.259-07:00The postal service may have over paid but getting ...The postal service may have over paid but getting anything back is like getting blood from a turnip. Downsizing has to continue if the work isn't there. I would love for someone to offer me a reasonable sum to retire. I am FERS with 26 years and the $$$$/yr cut I'd have to take puts my income at way below the poverty level, even with SS.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7427238665701917635.post-68300390085293461322010-07-08T06:35:00.455-07:002010-07-08T06:35:00.455-07:00The OIG is probably right. OPM may adjust what we...The OIG is probably right. OPM may adjust what we owe by the 5B-maybe not-depends on what their costs are. The USPS should contine to downsize (retirements - no layoffs)joannoreply@blogger.comtag:blogger.com,1999:blog-7427238665701917635.post-48777647378870223372010-07-07T17:16:31.486-07:002010-07-07T17:16:31.486-07:00I agree - there is no "real" money to re...I agree - there is no "real" money to refund the USPS. That is NOT going to happen. They should just not require ANY payments from us until the books are balanced. That would give us at least 10 years to get back on our feet financially.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7427238665701917635.post-42377490817474240362010-07-07T14:37:18.501-07:002010-07-07T14:37:18.501-07:00Since nearly all monetary transactions are done in...Since nearly all monetary transactions are done in cyberspace, whether the money is there or not, there could still be a credit given to the USPS.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7427238665701917635.post-48976937150662341542010-07-07T09:54:09.340-07:002010-07-07T09:54:09.340-07:00Obviously, the money is gone and will not be there...Obviously, the money is gone and will not be there to prepay any retirements.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7427238665701917635.post-13107956821331966672010-07-07T09:00:10.093-07:002010-07-07T09:00:10.093-07:00Yes, we've paid in too much.
No, Congress will...Yes, we've paid in too much.<br />No, Congress will not give us the money back with their budget in such poor shape.<br />Yes. I am civil service. Downsize me with a buyout!Anonymousnoreply@blogger.com