United States Postal Service Pension Obligation Recalculation and Restoration Act of 2011

Summary

United States Postal Service Pension Obligation Recalculation and Restoration Act of 2011 - Prescribes the "average pay" to be used in determining annuities for civilian employment with the United States Postal Service (USPS) for purposes of provisions relating to future benefits attributable to such employment in order to calculate the amount of any USPS surplus or supplemental liability under the Civil Service Retirement System (CSRS). Requires the Office of Personnel Management (OPM): (1) within six months after enactment of this Act, to determine (or, if applicable, redetermine) the amount of such surplus or liability as of the close of the most recently ending fiscal year using the methodology required under this Act; and (2) if the result is a surplus, to transfer the surplus amount to the Postal Service Retiree Health Benefits Fund within 15 days after the determination of a surplus. Provides for an alternate determination of a USPS surplus or supplemental liability for FY2016-FY2020. Requires transfer of certain surplus postal retirement contributions in FY2011 to the Postal Service Retiree Health Benefits Fund or the Employees' Compensation Fund under the Federal Employees' Compensation Act. Prohibits USPS from closing any post office which is located more than 10 miles from any other post office. Expresses the intent of Congress that this Act shall apply to allocations of past, present, and future benefit liabilities between the USPS and the Treasury.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 12 October 2011

   Introduced

   Referred to the House Committee on Oversight and Government Reform.

   Source: IntroReferral

2. 12 October 2011

   Introduced

   Introduced in House

   Source: IntroReferral

3. 12 October 2011

   Introduced

   Introduced in House

   Source: IntroReferral

4. 2 November 2011

   Referred

   Referred to the Subcommittee on Federal Workforce, U.S. Postal Service, and Labor Policy .

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 12 October 2011 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 12 October 2011

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 12 October 2011

  ViewDownloadOpen at official source

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  Vertaal document

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• Introduced in House

  summary · EN · 12 October 2011

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Rep. Thompson, Bennie G. [D-MS-2] · D · Sponsor
• · hsgo00 · Standing

Related records

• related to → United States Postal Service Pension Obligation Recalculation and Restoration Act of 2011
• related to ← United States Postal Service Pension Obligation Recalculation and Restoration Act of 2011
• related to ← Save Our Postal Worker Jobs Act of 2011