Wednesday, May 04, 2005

Postal Execs Moving on Your Dime

Work for the Postal Service and pocket up to $25,000 when you move. The Service hands out the moving money, no questions asked, no reciepts required when their top brass move.

One senior vice president moved three times between 1998 and 2001 and pocketed a grand total of $75,000. The Post Office had to sell 202,703 stamps to cover that move.

Another 265 top execs got $10,000 each for their moves, and 10 got the full 25-grand treatment. That comes to 7,837,838 stamps.

The Senate Finance Committee gathered the information. Then they went and talked to the folks at the American Moving and Storage Association.

They say that depending on the size of the household, some of the people may have pocketed more than $6,000 of a $10,000 stipend. (USAToday)

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