The Post Office Pension ponzi Scheme
Jun 17, 2021
2 minutes
ERIC BOEHM
THE CORONAVIRUS PANDEMIC created all sorts of new problems for the U.S. Postal Service (USPS), but the most serious financial issue the agency faces was a crisis long before anyone had heard of COVID-19—and it won’t be solved with a vaccine.
Like many other government entities, the USPS has overpromised and undersaved for its employees’ retirements. The pension system
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