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

In Politics by Michael Rae

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,