11 thoughts on “Forbes post, “Post Office Pensions: Some Key Myths And Facts”

  1. I was a CSRS employee. I was required to pay for Medicare. I was not able to opt out. Reading a previous article it suggested that I was able to opt out. Which is it ?


    1. Both — or, rather, with respect to Post Office employees (I haven’t looked into CSRS generally), you will receive Part A Medicare, but may choose not to take Part B, and that choice costs the Post Office more.  https://link.usps.com/2019/08/22/medicare-integration/. 


  2. Your article is flawed and full of half facts.
    How about you write an article on your bagmen big mailers and ask them to do what the president said to pay a fair price for there mailing.


  3. Your Medicare information is fake. I paid Medicare starting in 1984 all the way until my retirement in 2008. I did not “opt out” nor was I given an opportunity to opt out. If the rest of your “facts” are as truthful as this one, you should apply for a job in the Trump Administration, where all facts are fake.


  4. Enjoyed your article and it was very factual. One fact that you omitted is that the comparison to private sector business is a ruse put out by so many “right wing” think tanks and picked up by many in the media today. The Postal Service is a Government Agency and its Employees participate in the same Health, Pension, and Life Insurance Programs as all employees of the Federal Government, whether elected or hired. Fact: The Postal Service is the only Government Agency that is required to “pre-fund” period. Why? Because Congress in past budget games created this as a “stamp tax” knowing that this requirement placed on the Postal Service would cause an increase in prices, bring in more money to federal coffers, and Congress would not be blamed. All other Agencies pensions, health insurance and life insurance are merely funded as they go. This translates to Congress just authorizing printing more money each year to put into the funds as they go.
    If “pre-funding” is needed and a good thing one must ask why this requirement is not placed upon all Government Agencies. After all if the Postal Service being billions of dollars in arrears due to a Congressional Created debt load is a earth shattering fact, then the US Federal Government being Trillions of Dollars in debt should be addressed with the same level of concern. But maybe that’s why the all other Government Agencies are not required to “pre-fund”. There is no money to do it with. But that would be the same problem the Postal Service has.
    Kindest regards.

    Liked by 1 person

  5. The post office is over staffed and over funded as a primary function of unnecessary services. Without being cruel, both sides need to figure out a dignified way of either expanding necessary services, if that is possible, or simply decrease new hires and begin phasing the post office into a smaller more centralized structure. At this point Amazon has taken over all of its own delivery on high concentration routes and only uses the USPS for non profitable delivery runs. Basically, as I see it, the post office is a poorly functioning vestige of a bygone era. Sorry


  6. If you choose not to receive Medicare Part B, post office insurance will NOT pay for the amount Medicare should have paid(if you had signed up for it). We found out the hard way when we had to pay a lot of money because we did not sign up for part B in time.


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