USPS OIG: Independent Report to OPM on Employee Benefits

Independent Report to OPM – Employee Benefits, Withholdings, Contributions, Supplemental Semiannual Headcount Reporting Objective We performed procedures agreed upon by the U.S. Office of Personnel Management’s (OPM) Inspector General and the OPM’s Chief Financial Officer. This attestation engagement is an annual requirement of the U.S. Office of Management and Budget. Our objective was to assist…

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USPS: Understanding Survivor Benefits

Do you know about survivor benefits and how they work? You can make one of the following survivor benefit elections to occur in the event of your death: No survivor benefits Full or partial annuity for spouse Full or partial annuity for former spouse Combination of full or partial annuity for a spouse and former…

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USPS: OPM clarifies pandemic leave effect on retirement deductions

The Postal Service wants employees who took leave under the Families First Coronavirus Response Act to know how it will affect their retirement deductions. The law, also known as the FFCRA, requires some employers to provide employees with emergency paid sick leave and expanded family and medical leave for child care. The leave benefit went…

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USPS: Charitable campaign reopens for pandemic donations

The Combined Federal Campaign has reopened so federal employees can contribute to charities during the coronavirus pandemic. Donations can be made from April 20 through June 30. The U.S. Office of Personnel Management, which runs the campaign, also known as the CFC, is offering the special solicitation period to support charities as they face unprecedented…

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USPS OIG Report: Options to Reduce Unfunded Retirement Liabilities

Objective The Postal Service participates in three retirement plans: the Civil Service Retirement System (CSRS), the Federal Employees Retirement System (FERS), and the Postal Service Retiree Health Benefits (RHB). The first two are pension plans and the third is set up to fund the Postal Service’s share of RHB premiums. The U.S. Office of Personnel…

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USPS OIG: Independent Report on Employee Benefits

Objective: We performed procedures agreed upon by the U.S. Office of Personnel Management’s (OPM) Inspector General and the OPM’s Chief Financial Officer. This attestation engagement is an annual requirement of the U.S. Office of Management and Budget. Our objective was to assist the OPM in assessing the reasonableness of U.S. Postal Service employee health benefits,…

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USPS OIG Report: Employee Benefits, Withholdings, Contributions, and Headcount Reporting 

Objective At the request of the U.S. Office of Personnel Management (OPM) Office of Inspector General, we performed procedures agreed upon by the OPM’s Inspector General and the Chief Financial Officer. This attestation engagement is an annual requirement of the U.S. Office of Management and Budget. Our objective was to assist the OPM in assessing…

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