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NALC Urges Congressional Action as USPS Pauses FERS Contributions
labor2 days ago

NALC Urges Congressional Action as USPS Pauses FERS Contributions

The Postal Service will temporarily pause employer contributions to the defined-benefit portion of the Federal Employees Retirement System (FERS) through the end of the fiscal year due to financial constraints, with no immediate impact on current or future retirees. NALC blames Congress for inaction and urges policy changes—such as a new USPS retirement-investment strategy, a fair recalculation of Civil Service Retirement System obligations, and higher borrowing authority—to prevent future pauses and protect jobs, retirements, and reliable service.