USPS begins cash conservation plan – USPS Employee News

USPS begins cash conservation plan – USPS Employee News

Beginning April 10, the Postal Service will quickly droop employer contributions to the Federal Employees Retirement System. The Postal Service has knowledgeable the Office of Personnel Management (OPM) of its intention to quickly droop its employer’s contributions for the outlined profit portion of the Federal Employees Retirement System (FERS) to preserve cash and protect liquidity…

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