H.R.5790 - To provide for the transfer of the United States Postal Service surplus with respect to certain retirement benefits, and for other purposes.112th Congress (2011-2012)
|Sponsor:||Rep. Baca, Joe [D-CA-43] (Introduced 05/16/2012)|
|Committees:||House - Oversight and Government Reform|
|Latest Action:||House - 05/16/2012 Referred to the House Committee on Oversight and Government Reform. (All Actions)|
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Summary: H.R.5790 — 112th Congress (2011-2012)All Information (Except Text)
Introduced in House (05/16/2012)
Amends provisions of federal law relating to the U.S. Postal Service (USPS) and its employees to: (1) require the transfer of any surplus government contributions to the Federal Employees' Retirement System (FERS) in FY2012-FY2014 for postal employees to USPS for repayment of debt obligations and to make required payments to the Postal Service Retiree Health Benefits Fund and to the Civil Service Retirement and Disability Fund, and (2) authorize USPS to provide nonpostal services.
Expresses the sense of Congress that if USPS is permitted to offer its employees health benefits under a program separate from the Federal Employees Health Benefits Program, the Postmaster General shall work with employee representatives in exclusive bargaining units to establish such a program.