The U.S. Postal Service will suspend its employer's contributions to the defined benefits of the Federal Employees Retirement System (FERS) for its workers, causing concern for postal worker ...

The U.S. Postal Service(USPS) said on Wednesday it is offering early retirement to non-union employees as it consolidates postal districts in an effort to stem billions in red ink.

The National Association of Postal Supervisors, which represents 27,000 active and retired USPS workers, was informed that reductions in force, or layoffs, may be forthcoming.

Federal employees, on average, are waiting longer to see their retirement applications processed. New data from the Office of Personnel Management for August shows it takes an average of 70 days to ...

The U.S. Postal Service began sending early retirement offers to more than 15,000 employees Monday, as part of an ongoing effort to reduce its workforce while avoiding layoffs.

The Postal Service estimates 57,000 clerks, and 16,000 mail handlers and supervisors are eligible, and projects 6,496 clerks, 1,552 mail handlers, and 693 supervisors will accept the offer.

The U.S. Postal Service plans to resume payments to the defined-benefit portion of a federal worker retirement fund next month, saying it has enough cash to make the payments.

The U.S. Postal Service spent $6 billion on retirement benefits in fiscal 2013, and the agency thought that was too much. USPS asked its inspector general’s office to evaluate its retirement ...

Battered by the economy, the post office is offering early retirement to 150,000 workers, cutting management and closing offices, the agency said Friday. The Postal Service lost $2.8 billion last ...

The U.S. Postal Service took another step that demonstrates its abysmal financial state when it suspended its contribution to the defined-benefit portion of the Federal Employees Retirement System ...

Layoffs may be looming for U.S. Postal Service employees. The National Association of Postal Supervisors, which represents 27,000 active and retired USPS workers, was informed that reductions in ...