The U.S. Postal Service says it will temporarily suspend its employer contributions to Federal Employees Retirement System ...
USPS is suspending pension contributions to preserve liquidity as officials warn the agency could run out of cash within a ...
The U.S. Postal Service said Thursday it has informed federal budget officials it will temporarily suspend its employer contributions to Federal Employees Retirement System annuities, allowing it to ...
The financially strapped U.S. Postal Service has temporarily suspended payments to the Federal Employees Retirement System to ...
The U.S. Postal Service, which lost $9 billion in 2025, recently warned that it could run out of money within 12 months.
Suspending FERS payments, effective April 10, will free up about $2.5 billion in the current fiscal year, according to USPS.
Postmaster General David Steiner warned lawmakers that USPS will run on of cash in less than 12 months, if it continued to pay its bills on time.
The USPS is facing a severe financial crisis and could run out of money early in 2027. The agency has proposed hiking stamp ...
By David Shepardson WASHINGTON, April 9 (Reuters) - The U.S. Postal Service said Thursday it will temporarily suspend ...
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