USPS Pauses Pension Contributions Amid Looming Cash Shortfall

Postal officials warn that the agency could be unable to deliver mail within a year.

A U.S. Postal Service collection box is pictured in Washington on Dec. 18, 2024. Benoit Tessier/Reuters

The U.S. Postal Service (USPS) has temporarily suspended its employer contributions to a governmentwide pension plan after warning Congress that, without changes, it could run out of cash within the next year.

On April 9, USPS told the Office of Personnel Management—the federal government’s human resource division—that it would pause its biweekly employer contributions to the Federal Employees Retirement System (FERS).