EVERY company in the private sector whose shares are publicly traded and must comply with FASB does, that's who.<quoted text>You should go look up just what Congress is making them do.
Answer me one thing what other gov. agency or any IND. CO that is required to have 10 Years of retirement funds put aside ahead of time.
EVERY company in the private sector with pension obligations that cares about their share price and creditworthiness does, that's who.
Congress is exactly right in trying to bring the PO's financial accounting into some semblance of proper financial accounting.
Say - you're a guy who's really into research on the internet - tell you what - find us the audited financial statements (COMPLETE, w/ balance sheet and cash flow - not just their annual income statement) of the USPO that shows us how their future pension obligations are fully funded.
Then we'll turn you loose on Amtrak's financials, for an even bigger lesson in why the US federal government is not to be trusted with the People's money.