Finance
CASH CRUNCH: USPS Halts Key Payments to Avert Collapse!
2026-04-10 12:01:20.496 •
Alice Ibarra
The U.S. Postal Service has temporarily suspended its employer contributions to federal employee retirement annuities (FERS) to address a severe liquidity crisis, ensuring it can continue payroll, pay suppliers, and deliver mail. While employee contributions, TSP, and Social Security payments will continue, and current/future retirees are not immediately impacted, the move highlights the USPS's dire financial state, exacerbated by declining mail volume and legislative constraints.