SparrowHawk
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- Nov 30, 2009
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Even with the lower volume of snail mail, they *still* brought in 68 billion last year.
They have also, um, "transitioned" over 100k employees already.
Everyone here seems to be missing the key point: They are forced to prepay retiree medical 100% now. This is an HUGE albatross around their neck. They also cannot access any of the overages paid into pension accounts to offset this burden.
HR 1351 would change that. Check it out here.
I will Kev. Pension/Retiree benefits have crushed entire industries in the past, most notably Big Steel so I will likely not be surprised at the content of the pending bill