Beginning in 2007, the U.S. Postal Service was required to prefund the Retiree Health Benefit Fund (RHBF). While those funds have been substantial—$29 billion through 2012—the Postal Service would still have lost billions over the past four years even if it did not have to pre-fund the RHBF.
Beginning in 2007, the U.S. Postal Service was required to prefund the Retiree Health Benefit Fund (RHBF). While those funds have been substantial—$29 billion through 2012—the Postal Service would still have lost billions over the past four years even if it did not have to pre-fund the RHBF.