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S.1486: Postal Reform Act of 2014

About this Bill

This bill was introduced in the 113th Congress
This bill is primarily about government operations and politics
You can read the bill
Sponsor Thomas R. Carper, D-Del.
Total Cosponsors 1 (All Republicans)
Introduced Aug. 1, 2013
Latest Major Action July 31, 2014
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Bill Progress

  • Bill introduced in the Senate   
  • Bill passed in the Senate   
  • Bill passed in the House   
  • Bill signed into law

Bill Summary

Postal Reform Act of 2014 - Title I: Postal Service Workforce - (Sec. 101) Modifies the formula for contributions to the Civil Service Retirement System (CSRS) and the Federal Employees Retirement System (FERS) for postal employees: (1) to require the U.S. Postal Service (USPS) to contribute to its employee annuity funds under CSRS and FERS an amount equal to the product of the normal-cost percentage times the aggregate amount of basic pay payable by USPS, for the period involved, to its employees; and (2) in calculating the amounts that it must pay to fund such annuities, to use the demographic factors specific to its employees and appropriate economic assumptions regarding wage and salary trends (rather than using the general characteristics of both postal and non-postal employees combined).

Allows USPS to request and use: (1) up to $6 billion of any funding surplus at the close of FY2013 for payment of its debt obligations; and (2) two-thirds of any f...

(Source: Congressional Research Service)

Bill Actions

Date Description
July 31, 2014 Placed on Senate Legislative Calendar under General Orders. Calendar No. 523.
July 31, 2014 Committee on Homeland Security and Governmental Affairs. Reported by Senator Carper with an amendment in the nature of a substitute. With written report No. 113-237. Additional views filed.
Feb. 6, 2014 Committee on Homeland Security and Governmental Affairs. Ordered to be reported with an amendment in the nature of a substitute favorably.
Jan. 29, 2014 Committee on Homeland Security and Governmental Affairs. Committee consideration and Mark Up Session held.
Sept. 26, 2013 Committee on Homeland Security and Governmental Affairs. Hearings held. Hearings printed: S.Hrg. 113-405.
Sept. 19, 2013 Committee on Homeland Security and Governmental Affairs. Hearings held.
Aug. 1, 2013 Read twice and referred to the Committee on Homeland Security and Governmental Affairs.