Sep 27, 2012

Default Nears for USPS Retirees Health Benefits

"...For the second time in as many months, the cash-strapped U.S. Postal Service says it will default on a required payment to fund future postal retirees' health benefits. The default on the $5.6 billion, due Sept. 30, will not affect mail delivery or current employees' pay and benefits, the postal service said...."

Read more at FederalNewsRadio.com

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