US Congress Senate Bill 1649 (Prior Session Legislation)

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Sponsorship: Partisan Bill (Democrat 1)
Status: Introduced on October 4 2011 - 25% progression, died in committee
Action: 2011-10-04 - Read twice and referred to the Committee on Homeland Security and Governmental Affairs. (text of measure as introduced: CR S6092-6093)
Pending: Senate Homeland Security And Governmental Affairs Committee
Text: Latest bill text (Introduced) [PDF]

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.

United States Postal Service Pension Obligation Recalculation

Sen. Max Baucus [D-MT]

Date	Chamber	Action
2011-10-04	Senate	Read twice and referred to the Committee on Homeland Security and Governmental Affairs. (text of measure as introduced: CR S6092-6093)

HB1351 (Related) 2011-04-08 - Referred to the Subcommittee on Federal Workforce, U.S. Postal Service, and Labor Policy .
HB3174 (Same As) 2011-11-02 - Referred to the Subcommittee on Federal Workforce, U.S. Postal Service, and Labor Policy .
SB1688 (Related) 2011-10-12 - Read twice and referred to the Committee on Homeland Security and Governmental Affairs.

Type	Source
Summary	https://www.congress.gov/bill/112th-congress/senate-bill/1649/all-info
Text	https://www.congress.gov/112/bills/s1649/BILLS-112s1649is.pdf