On: Head of Postal Workers Union Says Postal Service C...

[diebeforei485]

Businesses are required to fund their pension obligations.

In any case USPS hasn't actually fully funded their pensions since the recession.

[jdxcode → diebeforei485]

They’re required to PRE-fund the pensions which private businesses are not required to do

[diebeforei485 → jdxcode]

Of course private businesses are required to pre-fund their pensions (with some exceptions like religious organizations).

It's a requirement under the Employee Retirement Income Security Act of 1974.

Lots more info here: https://www.forbes.com/sites/ebauer/2020/04/14/post-office-p...