USPS begins cash conservation plan Temporarily suspends payments to Federal Employees Retirement System (FERS)

The pensioners, now and in the future, have nothing to worry about. Congress will not let them suffer in any way. This is a power play to get more money.

So removing 29,000 mailboxes doesn't impact pensioners?


The USPS combines the worst aspects of government employment with the worst aspects of private sector union shops that have no competition. In that it is very much like Amtrak.

One petty thing that drives me crazy is that they cannot even get P.O. employees to wear their uniforms properly. Is that too much to ask? Apparently, yes. And yet, UPS gets their employees to do it.
 

The Postal Service has informed the Office of Personnel Management (OPM) of its intention to temporarily suspend its employer’s contributions for the defined benefit portion of the Federal Employees Retirement System (FERS) to conserve cash and preserve liquidity due to its ongoing, severe financial crisis.

“There will not be any immediate detrimental impact to our current or future retirees if normal FERS cost payments are temporarily withheld,” said Postal Service Chief Financial Officer Luke Grossmann. “The risk to the Postal Service and the American public from insufficient liquidity for postal operations dramatically outweighs any longer-term risk to the pension funds from not making the currently due payments. We will continue to transmit to OPM employees’ contributions to FERS and will also continue to transmit employer automatic and matching contributions and employee contributions to the Thrift Savings Plan. It must be noted that our pension systems remain much better funded than other agencies.”

The Postal Service pays about $200 million every other week to OPM for the FERS annuity. Suspension of payments, effective April 10, will free about $2.5 billion in the current fiscal year.

And make their financial problems $2.5B worse next year.

ETA: As a reminder, the USPS is buying 66,000 electric vehicles at a program cost of $145,454 per unit.

The USPS is nothing but a bloated jobs program.
I am of the belief that the law itself doesn’t authorize the USPS to unilaterally decide to withhold such contributions.

5 U.S.C. § 8423 and 39 U.S.C. § 1004

The use of the term “shall” in a law means that it is mandatory, not discretionary.

If there is some other provision of law authorizing an exception, I have yet to find it.
 
At least I can read the news.


Now, get those taxes paid, all hands to the pump, bend the knee to Israel if you know what's good for you.
What does that have to do with the fact the USPs has been losing billions every year? Frankly they lost less in 2025 then in 2024

9.5 billion v only 9 in 2025…
 
The article you posted was not.
The article was about your government's ability to seek vast sums to help Israel bomb people.

Yet the same government is wringing its hands over USPS employer pension contributions being cut and what a struggle life is.

We can see what your government's fiscal priorities are: MIGA not MAGA.

Its called irony, I guess you've not come across the term.
 
What does that have to do with the fact the USPs has been losing billions every year? Frankly they lost less in 2025 then in 2024

9.5 billion v only 9 in 2025…
Give them more money, is it really that hard to understand?
 
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Sure somewhat…eliminating some expenses will be helpful to them
Why? leave the boxes there and give USPS the money it needs to function? Why do you object to your tax dollars being spent keeping fellow Americans employed and the national mail service running, feeding American families yet smile and jump for joy when even more money is spent bombing people in the Middle East benefitting not Americans in America?

When the military spends more than it has, you just give it more money, so what's the problem here?

You call yourself a patriot? this is YOUR money don't you care who it goes to?
 
Why? leave the boxes there and give USPS the money it needs to function? Why do you object to your tax dollars being spent keeping fellow Americans employed and the national mail service running, feeding American families yet smile and jump for joy when even more money is spent bombing people in the Middle East benefitting not Americans in America?

When the military spends more than it has, you just give it more money, so what's the problem here?

You call yourself a patriot? this is YOUR money don't you care who it goes to?
Why leave the boxes if they aren’t needed?

uSPS is self funding. Why would I want my money going to a box that’s not needed? Why spend money that’s not necessary?
 
Why leave the boxes if they aren’t needed?
They are needed, people relied upon them, I guess you didn't watch the report, I guess you don't care about your own country.
USPS is self funding.
It wasn't prior to 1970, you changed it once, change it back again. Just nationalize it and be done.
Why would I want my money going to a box that’s not needed? Why spend money that’s not necessary?
The boxes are needed, that's what that little youtube news report is about, why do you care more about giving Israel billions than you care about maintainin your own country? Which Americans materially benefit from the billions spent doing the dirty work the Israelis can't do for themselves?

Why not move to Israel? clearly you care more about its needs than your own country. Screw the old retired veteran who used to walk down the high street and post mail to his grand children on the way for his breakfast, yes screw him, instead let's send truckloads of American tax dollars to a bunch of stone age cavemen so they can murder and slaughter and destroy everything in sight.
 
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They are needed, people relied upon them, I guess you didn't watch the report, I guess you don't care about your own country.

It wasn't prior to 1970, you changed it once, change it back again. Just nationalize it and be done.

The boxes are needed, that's what that little youtube news report is about, why do you care more about giving Israel billions than you care about maintainin your own country? Which Americans materially benefit from the billions spent doing the dirty work the Israelis can't do for themselves?

Why not move to Israel? clearly you care more about its needs than your own country.
They aren’t needed. They weren’t being used. People just go to the other ones

No, we won’t change it back.

I don’t disagree we have given too much in foreign aid over the years. That’s why I’m glad to see Trump cut a lot of it.

The United States has just as much interest in making sure Iran didn’t nuclear as Israel does

It’s weird you think we don’t
 
They aren’t needed. They weren’t being used. People just go to the other ones
They were, that's why the locals (fellow Americans, albeit not Jewish) protested.
No, we won’t change it back.

I don’t disagree we have given too much in foreign aid over the years. That’s why I’m glad to see Trump cut a lot of it.

The United States has just as much interest in making sure Iran didn’t nuclear as Israel does.
Nobody cared about Iran "going nuclear" except the Israeli freaks and those they deceived.
It’s weird you think we don’t
You do as Irsael tells you, that's pretty much that.

Don't post about fake monetary and fiscal concerns when your goverment is finanicng the ethnic cleansing of the Middle East, its hypcorisy.
 
They were, that's why the locals (fellow Americans, albeit not Jewish) protested.

Nobody cared about Iran "going nuclear" except the Israeli freaks and those they deceived.

You do as Irsael tells you, that's pretty much that.

Don't post about fake monetary and fiscal concerns when your goverment is finanicng the ethnic cleansing of the Middle East, its hypcorisy.
1) how do you know their religion.? No they weren’t needed, hence why they aren’t back. People might have to walk another block at the end of the day no big deal
2) yes the world cared that’s why they had Iran sign the legally binding NPT
3) not sure why you have Israel on the brain but America has been victimized by Iran repeatedly sense 1979, that has nothing to do with Israel, the mullahs hate us because we are free…they call us big satan cause they hate freedom…it’s why they are allied with folks like yourself m


Who’s being ethnically cleansed on the Middle East?
 
1) how do you know their religion.?
Jew isn't a religion, nobody seems to know what it is, but Revelation has some ideas, we do therefore know that there are people who claim to be Jews but really are not, if you believe Bibles that is.

I know about the slander of those who say they are Jews and are not, but are a synagogue of Satan.

No they weren’t needed, hence why they aren’t back. People might have to walk another block at the end of the day no big deal
True, who cares if a retired 85 yera old vet lost a leg for his country and struggles to walk but insists he must to keep his body working, not you that's for sure, destroying bodies, killing babies, that's right up your street isn't it.
2) yes the world cared that’s why they had Iran sign the legally binding NPT
Like the NPT they wont dare demand the Israelis sign because they don't really care?
3) not sure why you have Israel on the brain but America has been victimized by Iran repeatedly sense 1979, that has nothing to do with Israel, the mullahs hate us because we are free…they call us big satan cause they hate freedom…it’s why they are allied with folks like yourself m


Who’s being ethnically cleansed on the Middle East?
Why ask, you don't care.
 
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Jew isn't a religion.

True, who cares if a retired vet lost a leg for his country and struggles to walk but insists he must to keep his body working, not you that's for sure, destroying bodies, killing babies, that's right up your street isn't it.

Like the one they wont ask the Israelis to sign?

Why ask, you don't care.
1) how do to know they weren’t Jewish?
2) a vet that lost his leg should contact the VA not the USPS for benefits
3) Israel was asked a declined to sign it. Unlike Iran who did, but repeatedly violated the legally binding agreement
4) gotcha so nobody
 

The Postal Service has informed the Office of Personnel Management (OPM) of its intention to temporarily suspend its employer’s contributions for the defined benefit portion of the Federal Employees Retirement System (FERS) to conserve cash and preserve liquidity due to its ongoing, severe financial crisis.

“There will not be any immediate detrimental impact to our current or future retirees if normal FERS cost payments are temporarily withheld,” said Postal Service Chief Financial Officer Luke Grossmann. “The risk to the Postal Service and the American public from insufficient liquidity for postal operations dramatically outweighs any longer-term risk to the pension funds from not making the currently due payments. We will continue to transmit to OPM employees’ contributions to FERS and will also continue to transmit employer automatic and matching contributions and employee contributions to the Thrift Savings Plan. It must be noted that our pension systems remain much better funded than other agencies.”

The Postal Service pays about $200 million every other week to OPM for the FERS annuity. Suspension of payments, effective April 10, will free about $2.5 billion in the current fiscal year.

And make their financial problems $2.5B worse next year.

ETA: As a reminder, the USPS is buying 66,000 electric vehicles at a program cost of $145,454 per unit.

The USPS is nothing but a bloated jobs program.
Plus they helped the Dems cheat in 2020. 😁
 
1) how do to know they weren’t Jewish?
How do you know if anyone is Jewish?
2) a vet that lost his leg should contact the VA not the USPS for benefits
He tried, he wrote a letter and filled in a 15 page form then walked down the street to mail it but the mailbox had been taken away, poor guy, and he fought for that, sheesh life's a *****.
3) Israel was asked a declined to sign it. Unlike Iran who did, but repeatedly violated the legally binding agreement
Well that's not good violating treaties, but Israel has violated the geneva convention, the ICCPR, ICESCR, the convention against torture and the convention of the rights of the child CRC - all of them signed treaties - so what's all the fuss about Iran and NPT?
4) gotcha so nobody
No lots of people actually but you don't even care about your own countrymen so I doubt you'd care about foreigners (except Israelis of course).
 
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