They Are Bankrupt, Except They Cannot be Bankrupt
|Camden Post Office 1917 - |
Post Office Management Practices - 1817
Reality has finally struck senior management of the Post Office and they are proposing a radical restructuring the Service.
The financially strapped
Postal Service is considering cutting as many as 120,000 jobs. U.S.
Facing a second year of losses totaling $8 billion or more, the agency also wants to pull its workers out of the retirement and health benefits plans covering federal workers and set up its own benefit systems.
Congressional approval would be needed for either step, and both could be expected to face severe opposition from postal unions which have contracts that ban layoffs.
To do all of this will require voiding union contracts. If the Postal Service were in actual legal bankruptcy, those contracts would be voided as a rule of law. Because the Service will apparently not enter formal bankruptcy it will need Congress to pass a law voiding the contracts.
Needless to say the Postal Unions are strongly opposed to any layoffs or benefit changes.
|Admirable Union Activity|
The Coming Challenges Will be Challenges
National Association of Letter Carriers President Fredric V. Rolando said: “The issues of lay-off protection and health benefits are specifically covered by our contract. . . . The Congress of the
does not engage in contract negotiations with unions, and we do not believe they are about to do so.” United States
|Parked - The Future of the Post Office?|