Peter, I'm really not disagreeing with you, because you are much more knowledagable than I. However, as a former federal auditor I do know that USPS dropped off the government entity roles in 1971 and at that point, we no longer provided their financial audits. The USPS is actually a semi-private corporation supported entirely by the sale of stamps etc., so I assumed they were not federal employees. No tax money has gone to the USPS since 1971. I knew the postal employees participate in the retirement system, my only point was I didn't know how much. My health insurance always cost more for my share than postal workers had to pay so I assumed they had a better deal.
Peter, I'm really not disagreeing with you, because you are much more knowledagable than I. However, as a former federal auditor I do know that USPS dropped off the government entity roles in 1971 and at that point, we no longer provided their financial audits. The USPS is actually a semi-private corporation supported entirely by the sale of stamps etc., so I assumed they were not federal employees. No tax money has gone to the USPS since 1971. I knew the postal employees participate in the retirement system, my only point was I didn't know how much. My health insurance always cost more for my share than postal workers had to pay so I assumed they had a better deal.
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Lyn, you are correct technically the Postal Service is a semi-private corporation but the employees have the full gammit of Government benefits...CSRS/FERS Pension, FEGLI, Thrift Savings etc....Most Federal employees on FEGLI pay 2/3s the cost of the basic benefit Postal Employees have basic benefit entirely paid for.
