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 U.S. Postal Service (USPS) is pulling more levers as it attempts to stave off a possible cash crisis, temporarily suspending pension contributions in a move that will free up to $2.5 billion this ...

Editor's note: The video above aired in a previous newscast. NEW YORK (PIX11)—United States Postal Service employees in New York City, New Jersey, and Connecticut are expected to see a temporary halt ...

The United States Postal Service has announced it will temporarily stop making employer contributions to the Federal Employees Retirement System (FERS) starting Friday (April 10), as the agency faces ...

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 is suspending its contributions to the Federal Employees Retirement System, a pension plan for its workers and other civil servants, as the agency struggles with mounting ...