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By Pauline Jelinek |
February 6, 2013
The announcement caps a tumultuous year in which the agency was forced to default on billions in retiree health benefit prepayments to avert bankruptcy.
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By Hope Yen, Associated Press |
August 10, 2012
The agency says it is running out of cash and needs more flexibility in funding benefits and managing operations.
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By Hope Yen, Associated Press |
July 30, 2012
The immediate obstacle is a retiree health benefits pre-funding law that applies only to the U.S. Postal Service, officials say.