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United States Postal Service Information On Retirement Plans
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Book Synopsis United States Postal Service information on retirement plans. by :
Download or read book United States Postal Service information on retirement plans. written by and published by DIANE Publishing. This book was released on 2001 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: Your March 21, 2001, letter expressed concern about a number of issues pertaining to the United States Postal Service's (USPS) financial condition. This report addresses one of the issues raised in your letter, namely, identifying longer-term structural or operational issues that may affect the Service's ability to provide affordable universal postal service on a break-even basis. One key operational issue involves the Service's retirement costs and future liabilities. The Service's financial outlook has deteriorated significantly over the past few years. The Service finished fiscal year 2000 with a $199 million net loss and recently announced a $1.7 billion net loss for fiscal year 2001. The Service also projects a net loss of $1.35 billion for fiscal year 2002. However, it is unknown what the impact of the events of September 11, 2001 and the subsequent delivery of anthrax spores through the U.S. mail will have on the volume and cost of future mail service. Consequently, estimated losses, and other projections in this report, which we and the Service's independent auditors have not verified, may be changed by USPS at a later date.
Book Synopsis United States Postal Service by : United States Accounting Office
Download or read book United States Postal Service written by United States Accounting Office and published by Createspace Independent Publishing Platform. This book was released on 2018-02-12 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: GAO-02-170 United States Postal Service: Information on Retirement Plans
Author :United States Government Accountability Office Publisher :Createspace Independent Publishing Platform ISBN 13 :9781985382534 Total Pages :34 pages Book Rating :4.3/5 (825 download)
Book Synopsis United States Postal Service by : United States Government Accountability Office
Download or read book United States Postal Service written by United States Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2018-02-13 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: GAO-02-170 United States Postal Service: Information on Retirement Plans
Book Synopsis United States Postal Service by : U S Government Accountability Office (G
Download or read book United States Postal Service written by U S Government Accountability Office (G and published by BiblioGov. This book was released on 2013-06 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report identifies long-term structural or operational issues that may affect the U. S. Postal Services's (USPS) ability to provide affordable universal postal service on a break-even basis. One key issue is the Service's retirement costs and future liabilities. USPS had a net loss of $199 million in fiscal year 2000 and recently announced a $1.7 billion net loss for fiscal year 2001. The impact of September 11 and the subsequent anthrax mailings on the volume and the cost of future mail service is unclear. USPS' annual retirement plan costs are projected to rise significantly in the next 10 years--from $8.5 billion in fiscal year 2000 to $14 billion in fiscal year 2010. USPS also faces mounting debt because of pay increases resulting from new labor contracts and annual cost-of-living adjustments for retirees. USPS reported an outstanding liability for future retirement benefits of $32.2 billion as of September 2000, and anticipates paying another $16.5 billion in interest on this liability over 30 years. The Post-Retirement Health Benefit Program--an additional benefit available to USPS retirees--cost $744 million in fiscal year 2000. When this benefit is added to the retirement plan, it raises total retirement costs for fiscal year 2000 to $9.3 billion. USPS projects that this additional post-retirement health benefit will cost $2 billion in fiscal year 2010, raising the Service's total retirement costs to $16 billion that year.
Book Synopsis United States Postal Service by : United States. General Accounting Office
Download or read book United States Postal Service written by United States. General Accounting Office and published by . This book was released on 2001 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis United States Postal Service by : United States. General Accounting Office
Download or read book United States Postal Service written by United States. General Accounting Office and published by . This book was released on 2001 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis CSRS and FERS Handbook for Personnel and Payroll Offices by :
Download or read book CSRS and FERS Handbook for Personnel and Payroll Offices written by and published by . This book was released on 1998 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis General Information on Civil-service Retirement Applicable to Employees of the Postal Service by : United States. Post Office Dept
Download or read book General Information on Civil-service Retirement Applicable to Employees of the Postal Service written by United States. Post Office Dept and published by . This book was released on 1933 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :United States. Congress. House. Committee on Post Office and Civil Service Publisher : ISBN 13 : Total Pages :392 pages Book Rating :4.F/5 ( download)
Book Synopsis Supplemental Retirement Plan for Federal Officers and Employees by : United States. Congress. House. Committee on Post Office and Civil Service
Download or read book Supplemental Retirement Plan for Federal Officers and Employees written by United States. Congress. House. Committee on Post Office and Civil Service and published by . This book was released on 1984 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :United States. Congress. Senate. Committee on Post Office and Civil Service Publisher : ISBN 13 : Total Pages :84 pages Book Rating :4.:/5 (319 download)
Book Synopsis Thirty-year Retirement by : United States. Congress. Senate. Committee on Post Office and Civil Service
Download or read book Thirty-year Retirement written by United States. Congress. Senate. Committee on Post Office and Civil Service and published by . This book was released on 1961 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: Considers S. 188, to allow civil service employees to retire with full retirement benefits after thirty years' service.
Author :United States. Congress. House. Committee on Post Office and Civil Service Publisher : ISBN 13 : Total Pages :472 pages Book Rating :4.F/5 ( download)
Book Synopsis Supplemental Civil Service Retirement Plan by : United States. Congress. House. Committee on Post Office and Civil Service
Download or read book Supplemental Civil Service Retirement Plan written by United States. Congress. House. Committee on Post Office and Civil Service and published by . This book was released on 1985 with total page 472 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Government Operations by : U S Government Accountability Office (G
Download or read book Government Operations written by U S Government Accountability Office (G and published by BiblioGov. This book was released on 2013-06 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: In our December 2001 report, "United States Postal Service: Information on Retirement Plans" (GAO-02-170), we raised the question of whether the United States Postal Service (USPS) was paying more or less than appropriate to cover benefit payments for the Civil Service Retirement System (CSRS) for which it is responsible. In May 2002, we asked the Office of Personnel Management (OPM) to calculate a hypothetical "Postal Fund" balance and projected funding status by estimating the present value (PV) of the future benefits USPS is required to fund for CSRS retirees and survivors under current law and extent to which prior and projected future contributions required by current law would fund these benefits. OPM released its analysis in November 2002, indicating that, based on current contributions, USPS's CSRS obligations would be significantly overfunded in the future. The Administration has proposed legislation that addresses this overfunding. In this correspondence we will (1) review OPM's analysis for reasonableness and (2) analyze the legislative proposal to identify any issues needing further consideration.
Author :United States. Congress. House. Committee on Post Office and Civil Service. Subcommittee on Retirement, Insurance, and Health Benefits Publisher : ISBN 13 : Total Pages :108 pages Book Rating :4.0/5 (18 download)
Book Synopsis Early Retirement of Postal Employees by : United States. Congress. House. Committee on Post Office and Civil Service. Subcommittee on Retirement, Insurance, and Health Benefits
Download or read book Early Retirement of Postal Employees written by United States. Congress. House. Committee on Post Office and Civil Service. Subcommittee on Retirement, Insurance, and Health Benefits and published by . This book was released on 1972 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Post Office Jobs by : Dennis V. Damp
Download or read book Post Office Jobs written by Dennis V. Damp and published by . This book was released on 2010 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: Describes salaries, job descriptions, and skill requirements for a variety of Post Office jobs.
Book Synopsis Civil-service Retirement, General Information Applicable to Employees of the Postal Service by : United States. Post Office Department
Download or read book Civil-service Retirement, General Information Applicable to Employees of the Postal Service written by United States. Post Office Department and published by . This book was released on 1933 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Postal Service Pension System and Alternative Methods for Providing Long-term Financial Welfare to Retirees by : Luke Thomas Grossmann
Download or read book The Postal Service Pension System and Alternative Methods for Providing Long-term Financial Welfare to Retirees written by Luke Thomas Grossmann and published by . This book was released on 2013 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt: The United States Postal Service continues to face difficult financial conditions, due primarily to electronic diversion of mail volume. The largest component of the Postal Service's cost structure is labor, with retirement benefits representing a significant portion of those costs. This thesis provides a historical retrospective of the development of the pension system that the Postal Service currently participates in, and assesses the impact that the pension system has had on the Postal Service through history. The ultimate objective of this thesis is to study the United States Postal Service pension system as it relates to its current obligations to the United States federal government, provide a review of alternative pension arrangements operating in other sectors, and analyze the leading alternatives as they apply to the Postal Service to understand their potential impact on the finances of the United States Postal Service. Two simulations models are developed in the study, based on an analysis of the current workforce, historical and projected retirement patterns, and the current pension contribution profiles of workers. The models are used to assess the impact of various plan designs on the Postal Service's cost structure, and on a typical individual employee's post-retirement income.
Book Synopsis Comprehensive Tax Guide for U.S. Civil Service Retirement Benefits by : United States. Internal Revenue Service
Download or read book Comprehensive Tax Guide for U.S. Civil Service Retirement Benefits written by United States. Internal Revenue Service and published by . This book was released on 1980 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt:
