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…
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…
Objective Our audit objectives were to determine whether the U.S. Postal Service: Fairly stated accounting transactions in the general ledger and whether selected controls surrounding those transactions were designed and operating effectively. Properly tested, documented, and reported its examination of selected key financial reporting controls related to Headquarters and Accounting Services. The Postal Reorganization Act…
Objective The U.S. Postal Service offers a postage rate discount to mailers for presorting, pre-barcoding, handling, or transporting of mail. These workshare discounts incentivize mailers to perform specific activities that the Postal Service would otherwise have to perform. They allow the Postal Service to increase operational efficiencies, avoid some mailing costs, stimulate mail volume growth,…
Request for Proposal (RFP) For Retiree Health Benefit Fund (RHBF) Liability Examination 1. Introduction and Purpose of the Request for Proposal (RFP) 1.1. Background on Retiree Health Benefit Fund (RHBF) The Postal Regulatory Commission (PRC or Commission) is an independent establishment of the executive branch of the federal government with regulatory oversight over the United…
Submitted and Accepted January 26, 2018 On behalf of the Postal Regulatory Commission, I am pleased to submit the Commission’s Fiscal Year 2017 Annual Report to the President and Congress. This report summarizes the Commission’s key accomplishments and activities over the past year. It also provides information required under the Postal Accountability and Enhancement Act…
Background The Postal Accountability and Enhancement Act of 2006 (PAEA) amended 39 U.S.C. by revising the limits on salary and total compensation paid to U.S. Postal Service employees. For calendar year (CY) 2016, basic annual salary for each employee was limited to $205,700. Under a bonus or reward program approved by the U.S. Postal Service…
