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

USPS
New York Post Fews App News Provider
Fews App Post Time Hace 13h

The US 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.

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