USPS begins cash conservation plan | Temporarily suspends payments to Federal Employees Retirement System (FERS)

  USPS begins cash conservation plan

"USPS temporarily suspends payments to Federal Employees Retirement System (FERS)...“There will not be any immediate detrimental impact to our current or future retirees if normal FERS cost payments are temporarily withheld,” said Postal Service Chief Financial Officer Luke Grossmann. ..."

Reference: usps.com
*Emphasis Added