A lot of post deserving of reply. Please note some of the [QUOTED] text may have been edited for brevity:
Thanks Tim. All too often if politicians can wiggle their fingers into funds gathered for future payments they will.
Sadly to get into this discussion deeper would require delving into subjects prohibited by SMC Terms Of Service.
THREE GROUPED TOGETHER
Every system will have its failings. Some of this gets cleared up with USPS "Informed Delivery." Their system often tells me on Monday, something should be delivered on Saturday. Usually on Tuesday there is an update telling me it will be delivered on Wednesday.
Informed delivery often sends me a notification when one of the other carriers has a package coming my way:
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For some reason the handoff seems to be the glitch in the system. One of my Amazon shipments 'disappeared' in transit. There was no indication that it ever got to the USPS.
Earnings from some pre-defined sources are subtracted from SSI payments. Example, if my outside income was $600 a month and my SSI payment would be $1500, the $600 would be subtracted from my benefit and my monthly SSI payment would be $900. In my case outside income from an estate and my pension are greater than my accrued SSI benefit. Thankfully they do not require me to pay them the negative generated when doing the math.Quote:
My understanding is my pension and 401k equivalents disqualify me from ever collecting Social Security.
Please note this is just a generalization. There is a certain amount of earned income that would be excluded before the income is subtracted from the benefit.
Remember, the $120 billion underfunding is generated by the math forecasting out to the year 2095. If someone wanted to be cynical about this they could say this requirement was designed by someone who wanted to bankrupt the USPS.
UPS and FedEx have worked with the USPS to deliver in areas where "the last mile" is unprofitable for them. During my years as a shipping clerk there were times when FedEx didn't offer overnight delivery to some parts of the country because of local control of "landing rights" at some airports.
Amazon made a deal with USPS for Sunday deliveries. If USPS can get a few more to sign on, it may be a great revenue source. What surprised me one Sunday was when a piece of outgoing mail in my mailbox was picked up on a Sunday. A long time ago, like in the 1950s, during the week before Christmas we actually had scheduled deliveries on Sunday. Back then there were a lot more first class letters and packages.
Many years ago, to prevent thefts, federal tax refund checks were delivered on Saturdays. Back then, most banks were also closed on Saturdays. A lot of people cashed their checks in bars, liquor stores and grocery markets.
jtk