Economy - Economics USA

Unfunded Obligations Threaten Workers, Postal Customers and Taxpayers - Postal CSRS Escrow 101

2006-01-13 • WASHINGTON, Jan. 13 /PRNewswire/

In March 2004 Congressional testimony, Comptroller General David Walker estimated the Postal Service has between $88 - $98 billion in unfunded liabilities including $47 - $57 billion of unfunded retiree health benefits.