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BumRushDaShow

(170,185 posts)
Thu Apr 9, 2026, 04:46 PM 14 hrs ago

USPS to suspend pension contributions, seeks 4-cent stamp price hike

Source: AP

Updated 3:44 PM EDT, April 9, 2026


The U.S. Postal Service said Thursday it has informed federal budget officials it will temporarily suspend its employer contributions to Federal Employees Retirement System annuities, allowing it to keep making payroll, paying suppliers and delivering the mail.

The Postal Service also wants to increase postage rates, including raising the price of a First-Class Mail Forever stamp from 78 cents to 82 cents. USPS filed notice Friday with regulators, who still need to approve the changes.

The step taken by the Postal Board of Governors to forgo the pension payments is meant to preserve cash and liquidity due to the Postal Service’s “ongoing, severe financial crisis,” Postal Service Chief Financial Officer Luke Grossmann said in an internal message to USPS employees. Officials have warned the USPS is on course to run out of cash by around February 2027.

Despite the suspension of employer contributions, effective Friday, current and future retirees will not be immediately impacted, Grossman said.

Read more: https://apnews.com/article/mail-usps-pensions-financial-crisis-da601e2b88f3420898757dbdb09fa518

20 replies = new reply since forum marked as read
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USPS to suspend pension contributions, seeks 4-cent stamp price hike (Original Post) BumRushDaShow 14 hrs ago OP
$4.25 gasoline doesn't help . James48 14 hrs ago #1
Especially since Trump Old Crank 7 hrs ago #15
The USPS is required to pre-fund employees retirement.. summer_in_TX 5 hrs ago #17
It's being systematically destroyed in preparation for privatization or elimination. CousinIT 14 hrs ago #2
Explain how it was defunded when it doesn't get any taxpayer subsidies? MichMan 8 hrs ago #11
Government not paying for a constitutional requirement Old Crank 7 hrs ago #14
You are correct; going all the way back to 1970 MichMan 6 hrs ago #16
Enough with the nickel and diming every year TexasBushwhacker 13 hrs ago #3
I get 3 letters a week and have Amazon PKG deliver once a week. Jacson6 13 hrs ago #4
"The Internet has replaced the mail delivery service for most correspondence. IMHO." BumRushDaShow 12 hrs ago #6
Interestingly, in our rural area, Starlink is the only satellite service we could get. Dixiegrrrl 10 hrs ago #9
STOP delivering mail on Saturdays and save billions Bengus81 12 hrs ago #5
When I was a child the stamps were four cents. twodogsbarking 11 hrs ago #7
All under the expert hand of DeJoy! He has financial interests in privatization of the USPS dontcha know! n/t PatrickforB 11 hrs ago #8
He left last year but the damage is done. BumRushDaShow 10 hrs ago #10
DeJoy resigned a year ago n/t MichMan 8 hrs ago #12
But the damage he did remains. I do stand corrected, but the USPS is still having DeJoy issues. n/t PatrickforB 7 hrs ago #13
It wasn't just him it was the Republican as a whole as they've been conspiring for decades to kill the USPS. cstanleytech 4 hrs ago #20
Well before DeJoy was appointed, the requirement summer_in_TX 5 hrs ago #18
Frankly I think a national gas and diesel tax specifically for funding the postal service only is needed. cstanleytech 4 hrs ago #19

James48

(5,230 posts)
1. $4.25 gasoline doesn't help .
Thu Apr 9, 2026, 04:50 PM
14 hrs ago

Trump causes damage to the Post Office.

It’s what the GOP does. Destroys everything great about America.

By the way- Mail is still a bargain at .82 cents. Now pay your employees retirement contribution.

summer_in_TX

(4,184 posts)
17. The USPS is required to pre-fund employees retirement..
Fri Apr 10, 2026, 12:56 AM
5 hrs ago

That is the source of their financial problems. No other agency has that requirement. It seems likely that is part of a Republican plan to ruin it and replace it with a for profit model for delivery of mail and packages.

The corporate world would like to have all the data the USPS has too.

CousinIT

(12,565 posts)
2. It's being systematically destroyed in preparation for privatization or elimination.
Thu Apr 9, 2026, 04:51 PM
14 hrs ago

This is a CHOICE - it has been DEFUNDED.

MichMan

(17,185 posts)
11. Explain how it was defunded when it doesn't get any taxpayer subsidies?
Thu Apr 9, 2026, 10:50 PM
8 hrs ago
Unlike many government agencies, the United States Postal Service (USPS) does not receive direct taxpayer funding for operating expenses. Government appropriations are limited to specific purposes, such as the Postal Service Health Benefits (PSHB) Program.

The Fiscal Year 2025 budget request for the PSHB Program includes a continuation of the 2024 appropriation increase. These funds are specifically allocated for the operation of the PSHB program, managed within the Office of Personnel Management’s Trust Fund Transfers.

A proposed legislative measure aims to secure future funding for the PSHB program’s eligibility determination and enrollment systems beyond FY 2025. These government appropriations are designated for postal retirees’ healthcare benefits and do not represent subsidies for the USPS’s general operating costs.


https://govfacts.org/government/federal/independent-executive/usps/how-usps-stays-afloat-funding-facts-simplified/

MichMan

(17,185 posts)
16. You are correct; going all the way back to 1970
Thu Apr 9, 2026, 11:56 PM
6 hrs ago

The Postal Reorganization Act was passed in 1970 in the House 360-24 & also in the Senate 57-7 and signed by President Nixon.

Besides making the USPS an independent agency, it also did allow for postal employees to be represented by unions and engage in collective bargaining.

Jacson6

(2,037 posts)
4. I get 3 letters a week and have Amazon PKG deliver once a week.
Thu Apr 9, 2026, 05:54 PM
13 hrs ago

In Denmark they got rid of the mail delivery service. I could see the USA having once a week delivery to each address. The Internet has replaced the mail delivery service for most correspondence. IMHO.

BumRushDaShow

(170,185 posts)
6. "The Internet has replaced the mail delivery service for most correspondence. IMHO."
Thu Apr 9, 2026, 06:07 PM
12 hrs ago
In Denmark they got rid of the mail delivery service.


Not in a gigantic country like the U.S., with huge rural areas and mountainous areas where there is little or no access to "internet" service or even cable or cell service.



That was an early focus of the term "RFD" = "Rural Free Delivery" - with the promise to deliver mail to every address in the U.S.

There was even the old "Andy Griffith Show" spinoff called "Mayberry R.F.D."





That's why the early push and fuss about Muskrat's "Starlink" being used for those areas. And then he went rogue.

Dixiegrrrl

(213 posts)
9. Interestingly, in our rural area, Starlink is the only satellite service we could get.
Thu Apr 9, 2026, 08:13 PM
10 hrs ago

Which is another reason why we dropped tv in favour of phone based internet.
Turned out to be a much better option than tv ever was.

Bengus81

(10,188 posts)
5. STOP delivering mail on Saturdays and save billions
Thu Apr 9, 2026, 05:55 PM
12 hrs ago

Who cares if junk shit hits the box on Sat or Monday??

PatrickforB

(15,441 posts)
8. All under the expert hand of DeJoy! He has financial interests in privatization of the USPS dontcha know! n/t
Thu Apr 9, 2026, 07:44 PM
11 hrs ago

PatrickforB

(15,441 posts)
13. But the damage he did remains. I do stand corrected, but the USPS is still having DeJoy issues. n/t
Thu Apr 9, 2026, 11:03 PM
7 hrs ago

cstanleytech

(28,495 posts)
20. It wasn't just him it was the Republican as a whole as they've been conspiring for decades to kill the USPS.
Fri Apr 10, 2026, 02:32 AM
4 hrs ago

summer_in_TX

(4,184 posts)
18. Well before DeJoy was appointed, the requirement
Fri Apr 10, 2026, 01:15 AM
5 hrs ago

to pre-fund all employees retirements had the USPS losing millions each year.

cstanleytech

(28,495 posts)
19. Frankly I think a national gas and diesel tax specifically for funding the postal service only is needed.
Fri Apr 10, 2026, 02:31 AM
4 hrs ago
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