"...Agency says the move will free up $2.5B this year, and officials warn it could run out of cash without major reforms...USPS emphasized that the pause will have no immediate impact on current or future retirees.
"There will not be any immediate detrimental impact to our current or future retirees if normal FERS cost payments are temporarily withheld," Postal Service Chief Financial Officer Luke Grossmann said. "
This Article is From: www.foxbusiness.com
