The US 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 USPS is facing a severe financial crisis and could run out of money early in 2027. The agency has proposed hiking stamp ...
The Postal Service also wants to increase postage rates, including raising the price of a First-Class Mail Forever stamp from ...
Postal officials have warned they will be unable to deliver mail in a year unless significant changes are made.
The move to pause retirement contributions frees up to $2.5 billion for the ailing agency, which is increasing Forever stamps ...
The United States Postal Service is trying to right the ship and is temporarily suspending employer contributions to the Federal Employees Retirement System annuities so it can pay workers and ...
The U.S. Postal Service is proposing raising stamp prices and halting pension contributions to address its financial crisis. ...
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