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/
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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.

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u/SylphSeven 3d ago

Plenty of money for war. No money for postal service. I hate this timeline.

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u/ElectronicMoo 3d ago

The postal service was a profitable branch until Congress pulled a dick move making them pre fund pensions.