U.S. Postal Service To Stop Paying Into Worker Pension Fund : News Photo

U.S. Postal Service To Stop Paying Into Worker Pension Fund

A man walks past a U. S. Postal Service mailbox in the lobby of the Chrysler building in New York, U.S., on Thursday, June 23, 2011. The U.S. Postal Service, facing insolvency without approval to delay a $5.5 billion payment for worker health benefits, will suspend contributions to an employee retirement account to save $800 million this year. Photographer: Timothy Fadek/Bloomberg via Getty Images
Caption:
A man walks past a U. S. Postal Service mailbox in the lobby of the Chrysler building in New York, U.S., on Thursday, June 23, 2011. The U.S. Postal Service, facing insolvency without approval to delay a $5.5 billion payment for worker health benefits, will suspend contributions to an employee retirement account to save $800 million this year. Photographer: Timothy Fadek/Bloomberg via Getty Images
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Date created:
June 23, 2011
Editorial #:
117218214
Restrictions:
Contact your local office for all commercial or promotional uses.For editorial use only. Additional clearance required for commercial or promotional use, contact your local office for assistance. Any commercial or promotional use of Bloomberg content requires Bloomberg's prior written consent.
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Rights-managedRights-managed products are licensed with restrictions on usage, such as limitations on size, placement, duration of use and geographic distribution. You will be asked to submit information concerning your intended use of the product, which will determine the scope of usage rights granted.
Photographer:
Bloomberg / Contributor
Collection:
Bloomberg
Credit:
Bloomberg via Getty Images
Max file size:
3,000 x 2,000 px (10.00 x 6.67 in) - 300 dpi - 911 KB
Release info:
Not released.More information
Source:
Bloomberg
Object name:
POSTAL HALTS PENSION

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A man walks past a U S Postal Service mailbox in the lobby of the... News Photo 117218214Adult,Benefit,Built Structure,Chrysler,Finance,Healthcare And Medicine,Horizontal,Lobby,Mail,Mailbox,Men,NY,North America,Occupation,Pension,Plan,Retirement,The Americas,USA,Walking,WorkingPhotographer Collection: Bloomberg 2011 BloombergA man walks past a U. S. Postal Service mailbox in the lobby of the Chrysler building in New York, U.S., on Thursday, June 23, 2011. The U.S. Postal Service, facing insolvency without approval to delay a $5.5 billion payment for worker health benefits, will suspend contributions to an employee retirement account to save $800 million this year. Photographer: Timothy Fadek/Bloomberg via Getty Images