USPS retiree health fund is in jeopardy

Federal Times: The money set aside for the Postal Service Retiree Health Benefits Fund will run out by 2030 if the U.S. Postal Service fails to keep making payments to the fund, according to a Government Accountability Office report publicly released Oct. 1.

As of fiscal year 2017, the agency is behind by $38.2 billion in required payments to the fund, but USPS has said that its current financial outlook has made filing those payments unaffordable.

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