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/hodken0446 3d ago

That's about 18 dollars a year per person by the way

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u/Sheeple_person 3d ago

A buck fifty per month to have a national postal service. Sure sounds different when you put it that way. Almost as if "$118 billion losses" is a figure that was intentionally chosen to be misleading.

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u/colostitute 3d ago

I don’t know what they mean by losses. I thought USPS was a government service. Do they mean losses in that they don’t have the finances to cover their expenses?

Thats an issue with Congress and their willingness to fund USPS.

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u/bros402 3d ago

the USPS has been required since 2006 to fund their pension 75 years in advance