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US Postal Service stops contributions to pensions amid cash crunch
short by Vaishnavi Mishra / on Friday, 10 April, 2026
US Postal Service (USPS) on Thursday informed federal budget officials that it will temporarily suspend employer contributions to Federal Employees Retirement System. The move follows a warning to Congress that it could run out of cash within a year. Halting pension contributions is expected to help the agency continue meeting payroll, paying suppliers, and maintaining mail delivery operations.
read more at Reuters