Submitting OIG:
Report Description:
Returns on Postal Service retirement investments have declined in recent years. More importantly, Postal Service retirement investments offer only limited protection against higher inflation. Unlike fixed-rate Treasury securities, however, Treasury Inflation-Protected Securities (TIPS) investments increase in step with inflation, thereby countering the effects of higher inflation on underfunded liabilities. Our objective was to determine the impact of investing Postal Service retirement fund assets in TIPS.
Date Issued:
Monday, November 26, 2018
Agency Reviewed / Investigated:
Submitting OIG-Specific Report Number:
FT-AR-19-003
Location(s):
Agency-Wide
Type of Report:
Audit
Questioned Costs:
$0
Funds for Better Use:
$0
Number of Recommendations:
2
View Document:
Attachment | Size |
---|---|
FT-AR-19-003.pdf | 1.3 MB |