By Elvina Nawaguna WASHINGTON (Reuters) - The U.S. Postal Service on Monday defaulted yet again on a prepayment for the healthcare of its future retirees as its finances remain in the red and legislative reform remains elusive. The agency has blamed the payments, more than $5 billion a year as mandated by Congress to prefund the Postal Service's future retirees' healthcare, for contributing to annual losses of billions of dollars. The requirement was set in 2006 when the agency was still thriving and before the economic crisis. ...
via Health News Headlines - Yahoo! News http://news.yahoo.com/u-postal-defaults-5-6-billion-future-health-215529284.html
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