{"id":30137,"date":"2021-02-11T11:22:25","date_gmt":"2021-02-11T16:22:25","guid":{"rendered":"http:\/\/postalemployeenetwork.com\/news\/?p=30137"},"modified":"2021-02-11T11:22:25","modified_gmt":"2021-02-11T16:22:25","slug":"lost-letter-could-cost-illinois-man-nearly-1-million-in-retirement","status":"publish","type":"post","link":"https:\/\/postalemployeenetwork.com\/news\/2021\/02\/11\/lost-letter-could-cost-illinois-man-nearly-1-million-in-retirement\/","title":{"rendered":"Lost letter could cost Illinois man nearly $1 million in retirement"},"content":{"rendered":"<p><iframe loading=\"lazy\" src=\"https:\/\/w3.cdn.anvato.net\/player\/prod\/v3\/anvload.html?key=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%3D%3D\" width=\"640\" height=\"360\" frameborder=\"0\" scrolling=\"no\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p>COOK COUNTY, Ill. (<a href=\"https:\/\/wgntv.com\/news\/wgn-investigates\/lost-letter-could-cost-ex-county-worker-1-million-in-retirement\/\" target=\"_blank\" rel=\"noreferrer noopener\">WGN<\/a>) \u2014 The holiday rush may be over, but reports about the postal service\u2019s troubles continue.<\/p>\n<p>A former Cook County sheriff\u2019s officer said a postal delay hit him hard. Dan Moreci spent 30 years with the sheriff\u2019s office before retiring last April.<\/p>\n<p>At the time, the county\u2019s 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.<\/p>\n<p>Amid the pandemic, the office that processes the deferred compensation paperwork was closed, so Moreci sent his documents through the mail.<\/p>\n<p>But because of postal delays, it was not processed within 30 days, as was required.<\/p>\n<p>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. Read more at <a href=\"https:\/\/wreg.com\/news\/lost-letter-could-cost-illinois-man-nearly-1-million-in-retirement\/\">WREG<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-30138\" src=\"https:\/\/postalemployeenetwork.com\/news\/wp-content\/uploads\/2021\/02\/Lost-Letter-Cost.jpg\" alt=\"\" width=\"495\" height=\"280\" srcset=\"https:\/\/postalemployeenetwork.com\/news\/wp-content\/uploads\/2021\/02\/Lost-Letter-Cost.jpg 495w, https:\/\/postalemployeenetwork.com\/news\/wp-content\/uploads\/2021\/02\/Lost-Letter-Cost-300x170.jpg 300w, https:\/\/postalemployeenetwork.com\/news\/wp-content\/uploads\/2021\/02\/Lost-Letter-Cost-123x70.jpg 123w\" sizes=\"auto, (max-width: 495px) 100vw, 495px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>COOK COUNTY, Ill. (WGN) \u2014 The holiday rush may be over, but reports about the postal service\u2019s troubles continue. A former Cook County sheriff\u2019s officer said a postal delay hit him hard. Dan Moreci spent 30 years with the sheriff\u2019s office before retiring last April. At the time, the county\u2019s pension fund told him he [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":30138,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6,3],"tags":[],"class_list":["post-30137","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking","category-video-gallery","last_archivepost"],"_links":{"self":[{"href":"https:\/\/postalemployeenetwork.com\/news\/wp-json\/wp\/v2\/posts\/30137","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/postalemployeenetwork.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/postalemployeenetwork.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/postalemployeenetwork.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/postalemployeenetwork.com\/news\/wp-json\/wp\/v2\/comments?post=30137"}],"version-history":[{"count":1,"href":"https:\/\/postalemployeenetwork.com\/news\/wp-json\/wp\/v2\/posts\/30137\/revisions"}],"predecessor-version":[{"id":30139,"href":"https:\/\/postalemployeenetwork.com\/news\/wp-json\/wp\/v2\/posts\/30137\/revisions\/30139"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/postalemployeenetwork.com\/news\/wp-json\/wp\/v2\/media\/30138"}],"wp:attachment":[{"href":"https:\/\/postalemployeenetwork.com\/news\/wp-json\/wp\/v2\/media?parent=30137"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/postalemployeenetwork.com\/news\/wp-json\/wp\/v2\/categories?post=30137"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/postalemployeenetwork.com\/news\/wp-json\/wp\/v2\/tags?post=30137"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}