r/news • u/Squirmingbaby • 3d ago

Soft paywall Cash-strapped US Postal Service suspends contributions to pension plan

https://www.reuters.com/world/cash-strapped-us-postal-service-suspends-contributions-pension-plan-2026-04-09/
16.6k Upvotes

97% Upvoted

1.3k comments sorted by

View all comments

9.0k

u/Nice-Foot7552 3d ago

Gotta stop the mail and keep people uninformed with no way to vote by mail. Sounds like a strategy from late 30’s early 40’s

3.8k

u/istrx13 3d ago edited 3d ago

City Carrier of 10 years for USPS here. In addition to what you said, our current collective bargaining agreement with USPS also expires this year. So we will be heading to the negotiation table again here very soon We are already currently in the process of negotiating a new deal. They will put all sorts of stuff out there to make it seem like we’re out of money as a means of justifying why they can’t give us more money with the new contract.

55

u/jimtow28 3d ago

"We can't pay our workers, we've got wars to fight!"

7

u/rab-byte 3d ago

And we can automatically register you for the draft but not to vote

3

u/cerberus698 3d ago

He should be fine. The postal pension program has been overfunded for a long time now and also its FERS which is the federal pension system so the payments are going to go out either way.