Postmaster General John E. Potter recently warned that economic times are so dire that the U.S. Postal Service may end mail delivery one day a week and freeze executive salaries. But his personal fortunes are nonetheless rising thanks to 40 percent in pay raises since 2006, a $135,000 bonus last year and several perks usually reserved for corporate CEOs.Great moments in government run enterprise.Just remember this the next time you have to wait in line at the post office.
The changes, approved by the Postal Board of Governors and contained in a little-noticed regulatory filing in December, brought Mr. Potter's total compensation and retirement benefits to more than $800,000 in 2008. That is more than double the salary for President Obama.
Tuesday, February 17, 2009
Postmaster got $800,000 in pay, perks: Raise came amid calls for cuts in delivery
The Washington Times reports:
