May 03, 2010

USPS OIG: Should the Postal Service request financial relief from the $6.8 billion FERS surplus?

USPS OIG » Blog Archive » Should the Postal Service request financial relief from the $6.8 billion FERS surplus?: "During fiscal year 2009, the Postal Service contributed $3 billion to FERS or 11.2 percent of the salaries for FERS employees. As of September 30, 2009, the Postal Service reported a fully funded FERS pension plan that exceeds liabilities by $6.8 billion."

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