Home Global HR PracticesUS Postal Service to suspend employer payments to workers’ pensions, citing cash crunch

US Postal Service to suspend employer payments to workers’ pensions, citing cash crunch

by The Associated Press
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By Susan Haigh The U.S. Postal Service said Thursday it has informed federal budget officials it will temporarily suspend its employer contributions to Federal Employees Retirement System annuities, allowing it to keep making payroll, paying suppliers and delivering the mail. The step take...

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