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EagleDog  
#1 Posted : Friday, February 12, 2021 11:57:13 AM(UTC)

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Letter lost in postal system could cost worker nearly $1 million in retirement
Feb 10, 2021

The holiday rush may be over, but reports about the postal service’s troubles continue.

A former Cook County sheriff’s officer said a postal delay hit him hard. Dan Moreci spent 30 years with the sheriff’s office before retiring last April.

At the time, the county’s pension fund told him he was eligible to receive a monthly annuity of $7,576, a figure that included additional sick time that Moreci could purchase with money he had saved in a deferred compensation plan.

Amid the pandemic, the office that processes the deferred compensation paperwork was closed, so Moreci sent his documents through the mail.

But because of postal delays, it was not processed within 30 days, as was required.

As a result, Moreci was no longer eligible to purchase that additional service time, reducing his monthly annuity by 38% to $4,693. If he lives to be 80, that difference will have cost him nearly $1 million.

“At the time, I didn’t know there was a problem with the mail,” he said.

The pension fund told him they must abide by state law and can’t make an exception, not even because of the COVID-19 outbreak. But Moreci said he’s not giving up and has filed a lawsuit in Cook County Circuit Court, hoping a judge will rule in his favor.

In an email, the pension fund’s executive director said, “While we sympathize with Daniel Moreci in his effort to mail a check to the Cook County Pension Fund, the Fund had no choice but to act as it did because of state law.”

She added, “The code is clear that the Pension Fund must receive payment for the purchase of additional service credit within 30 days after the participant ends his employment with the county. In this case, the Pension Fund did not receive Mr. Moreci’s payment within 30 days. The Board, of course, will abide by any Court order in this matter.”

In the meantime, while he awaits a judge’s ruling, Moreci works as a handyman to make ends meet.

Moreci is not alone in terms of mail trouble. Illinois residents filed a total of 15,861 claims involving lost mail through the first 11 months of last year.

To settle those claims, the U.S. Postal Service paid more than $1.2 million, according to data obtained by WGN.

https://www.klfy.com/new...1-million-in-retirement/
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bobbob1  
#2 Posted : Friday, February 12, 2021 5:24:38 PM(UTC)
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Wait he's getting almost 5k a month and needs a side job to make ends meet?
King_Fed  
#3 Posted : Friday, February 12, 2021 7:08:06 PM(UTC)
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Originally Posted by: bobbob1 Go to Quoted Post
Wait he's getting almost 5k a month and needs a side job to make ends meet?


That's what it said... maybe he has kids in school, debt, maybe his area has a high cost of living. Maybe his lawyer said to show hardship so the judge rules in our favor. Who knows...

Wonder if he would make more money being a part-time security guard. Seems like a better fit.
roger.d  
#4 Posted : Friday, February 12, 2021 7:22:37 PM(UTC)
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https://forum.federalsou...s&t=88731#post988574



You know this was posted 2 hours before you?
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EagleDog  
#5 Posted : Friday, February 12, 2021 10:50:19 PM(UTC)

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Originally Posted by: bobbob1 Go to Quoted Post
Wait he's getting almost 5k a month and needs a side job to make ends meet?

I thought the exact same thing lol

I'm sure he also has a hefty 401k and SS down the road.


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donaldworrell  
#6 Posted : Saturday, February 13, 2021 11:02:55 AM(UTC)
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A letter !!!!! Express mail something that important. Did you not call and check if they received your “letter” ??? Do not blame the post office.
Tanker1497  
#7 Posted : Saturday, February 13, 2021 12:32:40 PM(UTC)

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Originally Posted by: bobbob1 Go to Quoted Post
Wait he's getting almost 5k a month and needs a side job to make ends meet?


60k in lots of America is enought to get by on or even live like a king! But some parts its no where near enought.
Reason why area wage increase has be fought for so long! Only AK and HI Postal employee's get higher pay!
Federal pensions are taxed in most states. Not eveybody retirers at 65 so health ins. is a big nut in retirement, remembering it goes up after you leave the Post Office as your now Federal not Postal!
In NJ 1/3 or 20k would go for taxes food insurance for a two person family! Then add the rest water sewer electric car ins. ect. 60k is not enought in lots of places.
MN Postmaster  
#8 Posted : Saturday, February 13, 2021 1:09:06 PM(UTC)
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Originally Posted by: donaldworrell Go to Quoted Post
A letter !!!!! Express mail something that important. Did you not call and check if they received your “letter” ??? Do not blame the post office.



Agreed. At the very least you would send it Certified. I am assuming that there was no tracking. I wonder if it would have helped him if the tracking showed that it had been delivered and just sat there.
Just because you are paranoid does not mean that they are not out to get you...
EagleDog  
#9 Posted : Saturday, February 13, 2021 1:23:20 PM(UTC)

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Originally Posted by: Tanker1497 Go to Quoted Post
health ins. is a big nut in retirement, remembering it goes up after you leave the Post Office as your now Federal not Postal!

The rates have pretty much been equalized.

Originally Posted by: Tanker1497 Go to Quoted Post
60k is not enought in lots of places.

60K is a LOT. Especially when you add in TSP/401K and Social Security.

This guy allegedly "earned" a 90K pension (until a paperwork snafu bumped him down to 60K).
Many county/state employees are able to "spike" their pensions with overtime.
It's no wonder Illinois (his state) has MAJOR unfunded pension liabilities ($200+ billion).


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122intheshade  
#10 Posted : Saturday, February 13, 2021 7:32:08 PM(UTC)
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Too bad the story is this old. If he could get an image (such as you get on informed delivery) of said letter with a date attached to it, he would have proof of "constructive delivery" (not exactly the right term, but close enough). The idea being, he DID his part in the preferred time range, and due to external circumstances the "delivery" wasn't completed through no fault of his own.
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