U.S. Congress - S.1507 Postal Service Retiree Health Benefits Funding Reform Act of 2009
S.1507 - Postal Service Retiree Health Benefits Funding Reform Act of 2009
A bill to amend chapter 89 of title 5, Untied States Code, to reform Postal Service retiree health benefits funding, and for other purposes. view all titles (4)
All Bill Titles
- Official: A bill to amend chapter 89 of title 5, Untied States Code, to reform Postal Service retiree health benefits funding, and for other purposes. as introduced.
- Short: Postal Service Retiree Health Benefits Funding Reform Act of 2009 as introduced.
- Official: A bill to amend chapter 89 of title 5, United States Code, to reform Postal Service retiree health benefits funding, and for other purposes. as introduced.
- Short: Postal Service Retiree Health Benefits Funding Reform Act of 2009 as reported to senate.
This Bill currently has no wiki content. If you would like to create a wiki entry for this bill, please Login, and then select the wiki tab to create it.
Bill's Views
- Today: 2
- Past Seven Days: 21
- All-Time: 2,489
|
|
|
|
|
|
|
|
Official Summary
6/9/2010--Reported to Senate amended. Postal Service Retiree Health Benefits Funding Reform Act of 2009 - Requires government contributions for health benefits for United States Postal Service (USPS) annuitants to be paid first from the Postal Service Retiree Health Benefits Fund up to theOfficial Summary
6/9/2010--Reported to Senate amended. Postal Service Retiree Health Benefits Funding Reform Act of 2009 - Requires government contributions for health benefits for United States Postal Service (USPS) annuitants to be paid first from the Postal Service Retiree Health Benefits Fund up to the amount contained in the Fund, with any remaining amount paid by USPS. (Current law requires such contributions to be paid by USPS through September 30, 2016.) Extends:(1) the deadline for computing required payments for liquidating any Fund liability or surplus; and
(2) the target date for such liquidation. Modifies provisions governing required USPS payments into the Fund, including by requiring payments by September 30 of each year through 2019 of specified amounts and of the net present value of the future payments required and attributable to the service of USPS employees during the most recently ended fiscal year. Increases the USPS's borrowing authority for FY2009 and FY2010. Requires any amount borrowed under that increased authority to be repaid by USPS by the end of FY2019. Limits the USPS's total outstanding debt to its maximum amount of aggregate obligations allowable under current law. Makes such provisions effective as of October 1, 2008. Requires an arbitration board established to resolve a labor dispute to consider the financial condition of USPS in making any decision. Amends the Postal Accountability and Enhancement Act to require the Comptroller General to prepare and submit to the President and Congress by March 31, 2010, a report that evaluates the options and strategies for the long-term structural and operational reforms of USPS necessary to achieve financial stability and long-term fiscal viability. Prohibits any bonus to any USPS officer or employee in a senior executive or equivalent position from being paid:
(1) until October 1 following the date such bonus would have otherwise been paid; or
(2) at all if USPS had a year-end net loss for the fiscal year preceding that October 1.
...Read the Rest
Recent News Coverage
RE: S.1507
And a similar Senate BillâS. 1507, Postal Service Retiree Health Benefits Funding Reform Act of 2009 introduced by Senator Tom Carper (D-Del. ...
Senate panel has busy markup session
Because of floor votes, the committee has delayed final approval of S.1507, a bill which would permit a change in the way the Postal Service funds its ...
Recent Blog Coverage
View All (105)
|
View Top Rated
S.1507: Employee Rights Act - U.S. Congress - OpenCongress
Official government data, breaking news and blog coverage, public comments and user community for S.1507 Employee Rights Act. ... S.1507: A bill to provide protections from workers with respect to ... Official government data, breaking news and blog covera
Collective Bargaining » Blog Archive » Senate Bill S-1507 (USPS)
Click the link to send an email to your Senators. capwiz.com On July 29, 2009, the Senate Homeland Security and Government Affairs committee met on S. 1507, a bill initially designed to provide short-term, temporary financial relief to ...
Federal Services subcommittee hearing: Finding Solutions to the ...
Last year, I supported S. 1507, which would have reduced the burdensome requirement that the Postal Service pre-pay retiree health benefits. However, I strongly disagreed with a provision impacting collective bargaining rights that was ...
Latest Letters to Congress
See All Letters (1)Users tracking S.1507 (2) are also tracking:
| Bills |
|---|
Users supporting S.1507 (3) are also:
| Supporting Bill |
|---|
| Opposing Bill | Opposing Senator | Opposing Representative |
|---|---|---|
Vote on This Bill
-
Share This Bill
More Share via Email
