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H.R. 961

BillFederalHouseIn Committee
United States Postal Service Stabilization Act of 2013
About This Bill
Committee
Latest Action · March 5, 2013
Referred to the House Committee on Oversight and Government Reform.
Congress
113th (2013–2015)
Introduced
March 5, 2013
Cosponsors (169)
159D 10R
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Summary

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United States Postal Service Stabilization Act of 2013 - Amends provisions concerning the Federal Employees' Retirement System (FERS), with respect to employees of the U.S. Postal Service (USPS), to: (1) provide a new formula for calculating employee pension contributions using the normal-cost percentage method multiplied by the aggregate amount of basic pay payable to employees of USPS and the Postal Regulatory Commission, and (2) provide for the use of excess FERS contributions to pay USPS debt obligations and make pension contributions.

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