Post+Office

Budget - Democrats/Leftists - Government - Liberals - Public Employees Unions - Taxes - Unions - Warner Todd Huston

90-Year-Old Post Office Workers Still Getting Workers Comp?

December 29, 2010 by

-By Warner Todd Huston

Years after most Americans retire, in fact years after the federal retirement age of 68, more than 100 U.S. Postal Workers in their 90s are still getting 75 percent of their salaries (tax free, yet) of federal workers compensation payments instead of having been graduated to the cheaper retirement payments at 60 percent of their salaries.

This is classic government waste.

Jim McElhatton of the Washington Times gives us this tale of government foolishness and waste as Senator Susan Collins (R, Maine) scolds the Post Office for its failed administration of the issue.
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90-Year-Old Post Office Workers Still Getting Workers Comp?”

Budget - Congress - Democrats/Leftists - Economy/Finances - Government - Liberals - Pensions - Public Employees Unions - Taxes - Unions - Warner Todd Huston

Unions Killing U.S. Post Office

April 16, 2010 by

-By Warner Todd Huston

Union contracts are killing the U.S. Post Office, making it uncompetitive and driving costs through the roof according to the Government Accountability Office.

The U.S. Post Office lost $12 billion between 2007 and 2009 and has reached its borrowing limit of $15 billion already. On top of that the union pension fund is underfunded. Even as Congress cut benefits by $4 billion the agency faces a $3.8 billion loss.

The GAO report also states that one of the reasons why the Post Office has lost so much cash is because it doesn’t have the freedom to close fiscally inefficient offices. Politicians have stepped in and prevented a logical, financial sensible reassessment of the Post Office’s operations.
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Unions Killing U.S. Post Office”