Background Each year the U.S. Postal Service is required to report on compensation in the annual Comprehensive Statement of Postal Operations (Comprehensive Statement). For calendar year (CY) 2022, the annual salary of each Postal Service employee was limited to $226,300. Two exceptions granted under the Postal Accountability and Enhancement Act of 2006 (PAEA) allow the…
Background Each year the U.S. Postal Service is required to report on compensation in the annual Comprehensive Statement of Postal Operations. For calendar year (CY) 2021, the annual salary of each Postal Service employee was limited to $221,400. Two exceptions granted under the Postal Accountability and Enhancement Act of 2006 (PAEA) allow the Postal Service…
November 15, 2021 We have audited the Reclassified Financial Statements of the U.S. Postal Service, which comprises the Government-wide Treasury Account Symbol Adjusted Trial Balance System (GTAS) Reconciliation Report â Reclassified Balance Sheet as of September 30, 2021, and the related GTAS Reconciliation Reports â Reclassified Statement of Net Cost and Reclassified Statement of Changes…
Objective Our objective was to determine whether the Postal Service complied with applicable maximum total compensation provisions of the Postal Accountability and Enhancement Act of 2006 (PAEA) and related Postal Service policies and guidelines for calendar year (CY) 2020. For CY 2020, the annual salary of each Postal Service employee was limited to Executive Schedule…
By Nicole Ogrysko – May 25, 2021 A bipartisan bill designed to bring desired financial relief to the U.S. Postal Service could have implications for the rest of the federal workforce, potentially raising health insurance costs for employees and retirees, an employee advocacy organization warns. For the first time in years, momentum is building in…
Washington, DC – January 21, 2020 â The Postal Regulatory Commission (Commission) today released its Fiscal Year 2019 Annual Report to the President and Congress. The report provides a summary of the main activities undertaken by the Commission throughout the year. Each year, the Commission is required to address in its report information concerning the…
Objective Our objective was to determine whether the U.S. Postal Service complied with applicable maximum total compensation provisions of the Postal Accountability and Enhancement Act of 2006 (PAEA), related Postal Service policies and guidelines, and related U.S. Internal Revenue Service regulations in calendar year (CY) 2018. For CY 2018, the annual salary of each Postal…
On April 28, Reps. Peter DeFazio (D-OR), Tom Reed (R-NY), Xochitl Torres Small (D-NM), and Brian Fitzpatrick (R-PA) introduced the USPS Fairness Act (H.R. 2382) which would repeal the mandate that USPS âpre-fundâ decadesâ worth of health benefits for its future retirees, enacted through the Postal Accountability and Enhancement Act (PAEA) of 2006. As letter…
