USPS | NationofChange

Skip to Main Content Area

Sunday, May 19, 2013 / PROGRESSIVE JOURNALISM FOR POSITIVE ACTION

Get Email Updates | Log In | Register |

CONNECT

Postal Service Set to Default on Pension Payment for First Time, but Congress Could Easily Fix the Problem

Taylor

Published: Thursday 19 July 2012

“A vast majority of postal offices under consideration for closure are located in rural areas, where poverty rates are higher than the national average.”

In 2006, the Republican-led Congress passed an unnecessary law requiring the United States Postal Service to prefund its pension benefits for 75 years through a $5.5 billion annual payment. The Postal Accountability and Enhancement Act of 2006 (PAEA) is theonly one of its kind for a government agency. On August 1st of this year, the Post Office will likely default for the first time in its history on its 2011 pension payment. If Congress does not act, it will also default on its ...

READ FULL POST

5 COMMENTS

Make your voice heard.
Write for NationofChange

Alan Hart and What It Takes to Struggle On

By Lawrence Davidson

I - Who Is Alan Hart? Alan Hart is an author and a journalist. He is the former Middle East Chief...

Personal Injury Attorneys in San Diego Obtain $260,000 Judgment in Motor Vehicle Accident Legal Suit

By Alan Starc

On May 8, 2013, Natalie Prescott, a well-known personal injury attorney based in California, was...

Will Jason Richwine’s Retrograde Harvard Ph. D Dissertation, “IQ and Immigration,” Cause Crimson Faces at Harvard University?

By Michael Matthew Bloomer

Ten Thousand Men of Harvard want victory todayFor they know that o'er old EliFair Harvard holds...

Warning: Creating default object from empty value in taxonomy_term_page() (line 33 of /mnt/stor12-wc2-dfw1/606015/www.nationofchange.org/web/content/modules/taxonomy/taxonomy.pages.inc).
Strict warning: Non-static method view::load() should not be called statically in view::load() (line 903 of /mnt/stor12-wc2-dfw1/606015/www.nationofchange.org/web/content/sites/all/modules/views/views.module).
Strict warning: Declaration of views_handler_field::query() should be compatible with views_handler::query($group_by = false) in require_once() (line 21 of /mnt/stor12-wc2-dfw1/606015/www.nationofchange.org/web/content/sites/all/modules/views/handlers/views_handler_field.inc).
Strict warning: Declaration of views_handler_sort::options_validate() should be compatible with views_handler::options_validate($form, &$form_state) in require_once() (line 12 of /mnt/stor12-wc2-dfw1/606015/www.nationofchange.org/web/content/sites/all/modules/views/handlers/views_handler_sort.inc).
Strict warning: Declaration of views_handler_sort::options_submit() should be compatible with views_handler::options_submit($form, &$form_state) in require_once() (line 12 of /mnt/stor12-wc2-dfw1/606015/www.nationofchange.org/web/content/sites/all/modules/views/handlers/views_handler_sort.inc).
Strict warning: Declaration of views_handler_sort::query() should be compatible with views_handler::query($group_by = false) in require_once() (line 12 of /mnt/stor12-wc2-dfw1/606015/www.nationofchange.org/web/content/sites/all/modules/views/handlers/views_handler_sort.inc).
Strict warning: Declaration of views_handler_filter::options_validate() should be compatible with views_handler::options_validate($form, &$form_state) in require_once() (line 17 of /mnt/stor12-wc2-dfw1/606015/www.nationofchange.org/web/content/sites/all/modules/views/handlers/views_handler_filter.inc).
Strict warning: Declaration of views_handler_filter::query() should be compatible with views_handler::query($group_by = false) in require_once() (line 17 of /mnt/stor12-wc2-dfw1/606015/www.nationofchange.org/web/content/sites/all/modules/views/handlers/views_handler_filter.inc).
Strict warning: Declaration of views_plugin_query::init() should be compatible with views_plugin::init(&$view, &$display) in require_once() (line 11 of /mnt/stor12-wc2-dfw1/606015/www.nationofchange.org/web/content/sites/all/modules/views/plugins/views_plugin_query.inc).
Strict warning: Declaration of views_plugin_style_default::options() should be compatible with views_object::options() in require_once() (line 14 of /mnt/stor12-wc2-dfw1/606015/www.nationofchange.org/web/content/sites/all/modules/views/plugins/views_plugin_style_default.inc).
Strict warning: Declaration of views_plugin_row::options_validate() should be compatible with views_plugin::options_validate(&$form, &$form_state) in require_once() (line 25 of /mnt/stor12-wc2-dfw1/606015/www.nationofchange.org/web/content/sites/all/modules/views/plugins/views_plugin_row.inc).
Strict warning: Non-static method view::load() should not be called statically in view::load() (line 903 of /mnt/stor12-wc2-dfw1/606015/www.nationofchange.org/web/content/sites/all/modules/views/views.module).

Alan Hart and What It Takes to Struggle On

Personal Injury Attorneys in San Diego Obtain $260,000 Judgment in Motor Vehicle Accident Legal Suit

Will Jason Richwine’s Retrograde Harvard Ph. D Dissertation, “IQ and Immigration,” Cause Crimson Faces at Harvard University?

Relevant Life Policy: Its Features and Benefits

In Praise of Richard Falk

Unemployment: Victory or Defeat in a Progressive Society

The Anti-Empire Report #116

How to Get Payday Loans No Credit Check

Syria & Chemical Weapons : Post-Bush Intelligence Vetting Category Banishes Meaning

Julian Assange on George Bush’s Library and Bradley Manning’s Trial

American Bhopals! It Starts with Universities

This Earth Week: Stop the Extraction Economy, Create a New World

Freedom and High Anxiety in the USA

Can America End Gun Violence?

The Filibuster Senators

Alan Hart and What It Takes to Struggle On

Personal Injury Attorneys in San Diego Obtain $260,000 Judgment in Motor Vehicle Accident Legal Suit

Will Jason Richwine’s Retrograde Harvard Ph. D Dissertation, “IQ and Immigration,” Cause Crimson Faces at Harvard University?

Relevant Life Policy: Its Features and Benefits

​In Praise of Richard Falk

Unemployment: Victory or Defeat in a Progressive Society

The Anti-Empire Report #116

How to Get Payday Loans No Credit Check

Syria & Chemical Weapons : Post-Bush Intelligence Vetting Category Banishes Meaning

Julian Assange on George Bush’s Library and Bradley Manning’s Trial

American Bhopals! It Starts with Universities

This Earth Week: Stop the Extraction Economy, Create a New World

Freedom and High Anxiety in the USA

Can America End Gun Violence?

The Filibuster Senators

In Praise of Richard Falk