soldierof4chan
It also stands to reason that other tax receipts will go down if people move away e.g. rents go down -> propery values assessed downwards -> taxes decrease.
> Even if the fund has been paid off it’s not a moot point because that’s potentially billions of dollars that they cannot use to fund service and instead is waiting in an account somewhere to be used decades from now
The fund is not paid off as the Post Office never actually made the vast majority of its payments. It's also not in an account waiting to be used. It is being used right now to fund current retirees and it's running deficits. The reason it's a moot point is because even if this requirement were removed today it would operate in the same way i.e. pay as you go.
See: https://www.congress.gov/bill/109th-congress/house-bill/6407
They’re required to fund the present value of employee retirement benefits.
Regardless, the “pre-funding” period is over and the fund is running a deficit as retirees are currently paid from it, so it’s a moot point.
You can read the bill itself [1] and see that this appears nowhere in it. What it actually requires is that the USPS fund the discounted present value of current employee retirement health and pensions liability.
What this conspiracy theory also critically misses is that the Post Office hasn't contributed to the fund in a decade but still pays current retirees out of the fund. With more money leaving the fund than entering it, it is expected to be depleted by 2030 [2].
1. https://www.congress.gov/bill/109th-congress/house-bill/6407