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Message
re: Post office beats UPS and FedEx for packages
Posted on 12/23/14 at 7:15 pm to Ralph_Wiggum
Posted on 12/23/14 at 7:15 pm to Ralph_Wiggum
Does UPS & FedEx have billions on UNFUNDED liabilities in health care and retirement benefits? 
2
Posted on 12/23/14 at 7:17 pm to Reubaltaich
quote:
Does UPS & FedEx have billions on UNFUNDED liabilities in health care and retirement benefits?
Well they do get billions of government subsidies and tax breaks in the form of roads and federally regulated airways and a lot of local and state governments have given them tax breaks.
Posted on 12/24/14 at 11:34 am to Reubaltaich
quote:
Does UPS & FedEx have billions on UNFUNDED liabilities in health care and retirement benefits?
You do know that Congress mandated the USPS pre-fund 75 years worth of retirement benefits in only 10 years, right? So, no, UPS and FedEx do not have billions in unfunded liabilities, because Congress is not trying to kill them off.
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