Jun 24, 2019
The Huffington Post has reported that a draft business plan it obtained shows that the USPS wants Congress to help it cut employee benefits!
Their plan would go after paid leave by combining vacation with sick days and shrinking the total number of days off.
It would raise the workers’ share of contributions to pension plans. And it would completely get rid of pensions for the newer workers, shifting them to a more unstable 401(k)-type system. Employees almost always end up paying more and more of the share of the 401(k) contributions, and they can be wiped out in a stock market downturn like we saw in 2008.
This is a planned attack on wages and retirement income. We can fully expect Congress to help the Post Office do it. The only thing that will protect workers is for us to make clear that these attacks will not be accepted.