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Thursday, June 23, 2011

Sen. Tom Carper, says it is unlawful for postal service to remove the overpayments to pay for other expenses

Issa Warns of New Bailout as Postal Service Suspends Pension Contributions

"...But Sen. Tom Carper, D-Del., said In essence, this is the canary in the coal mine moment for the Postal Service is that even when it overpays into retirement accounts -- to the tune of $50 billion to $75 billion for the Civil Service Retirement System -- it is unlawful to remove the overpayments to pay for other expenses. ..."    postal news

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