USPS Watchdog Says Retirement Reserves Already Are ‘Astonishingly High’
WASHINGTON, Feb. 6 – At a time when the U.S. Postal Service is considering deep cuts in services and jobs, an internal watchdog today told Sen. Bernie Sanders (I-Vt.) that a big funding cushion already has been built into the mail service’s retirement and health benefit funds. Billions of dollars owed to the funds have been cited by Postal Service