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REMINDER: #USPS #PostOffice makes plenty of profit, so much so they can fund retirement benefits for (75) SEVENTY-FIVE YEARS in advance, by law. They had $300B+ in the bank before Congress repealed that stupid law. They could make a profit, but we dont need them to, its a SERVICE we all want. Not all profit is counted in dollars retained in a bank account #CapitalismIsKillingYOU
Its time to start fighting back now yall before we lose the few lil services poor ppl have https://ips-dc.org/why-the-just-passed-postal-service-reform-act-is-such-a-big-deal/
retirement security. As of 2020, the Postal Service had $42.1 billion in its retiree health benefits fund and more than $275 billion in pension funds. No other employer — governmental or private sector — has retirement assets that come close to these amounts.

How the prefunding mandate has undercut USPS jobs and services and sparked calls for privatization