USPS Suspends Pension Contributions: Agency in Dire Financial Straits
At 3:10 AM on April 11, 2026, the fluorescent glare of the briefing room at the United States Postal Service (USPS) headquarters in Washington, D.C., illuminated a somber scene. The hum of phones buzzing in pockets and the distant murmur of anxious conversations underscored the gravity of the announcement: USPS had decided to suspend contributions to the Federal Employees Retirement System (FERS), a move that will conserve cash but intensify the agency's financial turmoil. Drastic Measures in the Face of Financial Collapse The decision to suspend USPS pension contributions was not made...