Submitting OIG:
Report Description:
The Postal Service’s pension surplus was projected to be $13.1 billion as of the end of fiscal year 2011. Most of the surplus – $11.4 billion – is in the Federal Employees’ Retirement System (FERS) pension program. A surplus occurs when assets exceed accrued liability. FERS has been in surplus since 1992, and the OIG wanted to investigate the reasons behind this persistent surplus. Are there distinctive characteristics of the Postal Service and its employees that cause the surplus? And can the surplus be expected to continue?
Date Issued:
Tuesday, October 16, 2012
Agency Reviewed / Investigated:
Submitting OIG-Specific Report Number:
RARC-WP-13-001
Location(s):
Agency-Wide
Type of Report:
Other
View Document:
| Attachment | Size |
|---|---|
 rarc-wp-13-001_0.pdf | 848.38 KB |
Additional Details Link: