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U.S. Postal Service Is Proposing to Withdraw from the Federal Health and Retirement Plans
The Washington Post; subscription may be required Aug. 12, 2011 In a notice informing employees of its proposals -- with the headline 'Financial crisis calls for significant actions' -- the Postal Service said, 'We will be insolvent next month due to significant declines in mail volume and retiree health benefit pre-funding costs imposed by Congress.' |
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