USPS Has $120 Billion in Pension and Other Post-Employment Unfunded Liabilities

The U.S. Postal Service (USPS) recently closed its books for the 2019 fiscal year, and things aren’t looking so good as it heads into 2020. USPS has a whopping $120 billion in pension and other post-employment unfunded liabilities. That’s an amount equal to the GDP of Ukraine.
It’s no surprise, then,