US Postal Service to suspend employer payments to workers' pensions, citing cash crunch
The U.S. Postal Service informed federal budget officials it will temporarily suspend its employer contributions to postal worker pensions as the agency deals with a budget crisis.
US Postal Service Faces Cash Crisis
- Strained Postal Service Proposes Price Increases and Delays Retirement Funds The New York Times —
- U.S. Postal Service seeks hike in price of first-class mail stamps to 82 cents in July CNBC —
- The USPS is suspending contributions to employee pensions as it warns of a 'pending liquidity crisis' Business Insider —
- Forever Stamp Prices to Rise 5% This Summer Wall Street Journal —
- USPS announces another cut and stamp price increase amid funding crisis The Independent —