FERS US Postal Servants

[TSPIntel]

I read the Government are not matching the TSP contributions for the US Postal Servants anymore. That is not good. :mad:

[konakathy]

I like your choice of the word "Servants." I have at times throughout my postal career felt like a servant, beaten dog, whipped mule....

At this time the USPS has informed the OPM that they will suspend payments to FERS because there is a surplus. Service credits will still be given to employees until
OPM, USPS and Justice Department get their s#@t together.

[KevinD]

I read the Government are not matching the TSP contributions for the US Postal Servants anymore. That is not good. :mad:

Unless I missed the news it's not the TSP matching. It's the employer contribution to the pension that they aren't paying.

http://www.tsptalk.com/mb/showthread.php?9654-Post-Office-Halts-Retirement-Contributions-for-Employees...

[TSPIntel]

KevinD: Thank you for the info. :)