The United States Postal Service announced on Thursday that it will halt contributions to its employees’ retirement pension plan as the agency works to conserve cash and manage its dwindling finances.

The cash-strapped US Postal Service says its suspended contributions to the federal pension program ‘will not affect the benefits of future or current retirees.’ The U.S. Postal Service has suspended ...

The U.S. ⁠Postal ⁠Service said Thursday it ⁠will temporarily suspend employer payments for a federal pension program ​to conserve cash amid a severe financial crisis. USPS told the White House Office ...

The United States Postal Service is suspending employer pension contributions for workers beginning Friday, citing a looming cash shortfall, the agency announced Thursday. The move, which affects the ...

The U.S. Postal Service said Thursday that it will temporarily suspend its contributions to an employee pension plan to conserve cash as it faces a severe financial crisis. The postal service also ...

The U.S. Postal Service announced on Thursday that it will temporarily stop making employer contributions to the Federal Employees Retirement System (FERS) defined benefit plan. This decision was made ...

Suspending payments to FERS will free up about $2.5 billion in the current fiscal year, the postal agency said. The USPS said in March that it plans to temporarily hike postage prices to cover ...

The USPS is freezing retirement contributions and looking to increase postage rates in an attempt to stay afloat — here's what to know.

The U.S. Postal Service will suspend employer contributions to its Federal Employees Retirement System starting April 10, freeing $2.5 billion this fiscal year to address a severe cash shortage. The ...