Postal Pension Funding Reform Review of Military Service Funding Proposals

By General Accounting Office

Book Id: WPLBN0000217356
Format Type: PDF eBook
File Size: 0.1 MB
Reproduction Date: 2005

Title:	Postal Pension Funding Reform Review of Military Service Funding Proposals
Author:	General Accounting Office
Volume:
Language:	English
Subject:	Government publications, Accountability in government, United States. General Accounting Office
Collections:	Government Library Collection, Government Accountability Integrity Reliability Office Collection
Historic Publication Date:
Publisher:	United States General Accounting Office (Gao)


Citation APA MLA Chicago Office, G. A. (n.d.). Postal Pension Funding Reform Review of Military Service Funding Proposals. Retrieved from http://gutenberg.cc/

Description
Government Accountability Integrity Reliability Office Collection

Excerpt
Excerpt: The positions taken by OPM and Treasury and the Postal Service were driven in part by differing views on the nature and extent of the relationship between military service and an entity?s operations. The Postal Service favors returning the responsibility for funding benefits attributable to military service to the Treasury, making arguments that include Treasury?s historic responsibility for these benefits, the legislative history surrounding the Postal Service?s funding of retirement benefits, the fact that the majority of military service by CSRS employees was rendered before the current Postal Service was created, and that military service has no connection to the Postal Service?s functions or operations. OPM and Treasury favor the recently enacted law, arguing that the Postal Service was intended to be selfsupporting, military service is a benefit like other CSRS benefits that should be allocated proportionally over an employee?s career, and the current law is one in a series that developed today?s approach to funding the Postal Service?s CSRS costs.