US SB1688 | 2011-2012 | 112th Congress

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on October 12 2011 - 25% progression, died in committee
Action: 2011-10-12 - Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Pending: Senate Homeland Security And Governmental Affairs Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Save Our Postal Worker Jobs 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. 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.

Tracking Information

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Title

Save Our Postal Worker Jobs Act of 2011

Sponsors


History

DateChamberAction
2011-10-12SenateRead twice and referred to the Committee on Homeland Security and Governmental Affairs.
2011-10-12SenateSponsor introductory remarks on measure. (CR S6463-6464)

Same As/Similar To

HB1351 (Related) 2011-04-08 - Referred to the Subcommittee on Federal Workforce, U.S. Postal Service, and Labor Policy .
HB3174 (Related) 2011-11-02 - Referred to the Subcommittee on Federal Workforce, U.S. Postal Service, and Labor Policy .
SB1649 (Related) 2011-10-04 - Read twice and referred to the Committee on Homeland Security and Governmental Affairs. (text of measure as introduced: CR S6092-6093)

Subjects


US Congress State Sources


Bill Comments

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