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Postal Service keeps going by tapping workers' retirement

The US Postal Service isn't about to grind to a halt next year after all, but its long-term finances are still shaky.

Postal Service buys time before cash runs out, seeks federal subsidy

The U.S. Postal Service is borrowing employee retirement funds to maintain cash flow, but will run out of money in five years ...

Postal Service says its cash crisis is delayed until at least 2031, but problems loom

The U.S. Postal Service is no longer set to be out of cash in 2027, the agency's head says. But its finances remain shaky as ...

USPS tells Congress it needs cash rescue amid broken business model

Postmaster General David Steiner told a Senate committee the agency has amassed nearly $31 billion in cumulative defaults and ...
Time

What to Know About the U.S. Postal Service’s ‘Severe Financial Crisis’

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Retired postal worker with $720,000 discovers his pension just triggered an IRMAA surprise

Quick ReadA $52,000 CSRS pension plus $40,000 TSP withdrawal and restored Social Security quietly pushes a single retiree's ...
WLWT

USPS to suspend pension contributions, seeks 4-cent stamp price hike

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 ...