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Direct OPM to recalculate the USPS surplus in the Civil Service Retirement System

Created by J.D. on November 13, 2012

call on the OPM to recalculate the USPS surplus in the Civil
Service Retirement System within six months of enactment,
using a methodology that fairly allocates the cost of pensions between the Post Office Department and the U.S. Postal Service. Then, once the accurate “postal surplus” is determined by the
OPM, the agency would have 15 days to transfer the surplus to
the PSRHBF.
3. Direct the OPM to permit the USPS to use most of its $6.9 billion surplus in the FERS system to satisfy two obligations in FY
2011: a $5.5 billion payment due to the PSRHBF, and a $1.2 billion estimated payment to the Department of Labor for Federal
Employees Compensation Act (workers comp.) expenses

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