The following is a bill introduced by Congressmen Stephen Lynch (D-MA) and Elijah Cummings (D-MD) on April 4, 2011 Currently the bill has 8 sponsors:
Rep Clay, Wm. Lacy [MO-1] – 4/5/2011
Rep Connolly, Gerald E. “Gerry” [VA-11] – 4/5/2011
Rep Cummings, Elijah E. [MD-7] – 4/4/2011
Rep Davis, Danny K. [IL-7] – 4/5/2011
Rep Kucinich, Dennis J. [OH-10] – 4/5/2011
Rep Norton, Eleanor Holmes [DC] – 4/5/2011
Rep Tierney, John F. [MA-6] – 4/5/2011
Rep Towns, Edolphus [NY-10] – 4/5/2011
To amend the provisions of title 5, United States Code,relating to the methodology for calculating the amount of any Postal surplus or supplemental liability under the Civil Service Retirement System, and for other purposes.
(A)to the Postal Service Retiree Health Benefits Fund to pay any liability to the Postal Service Retiree Health Benefits Fund for fiscal year 2011;
‘‘(B) if all liability to the Postal Service Retiree 5 Health Benefits Fund for fiscal year 2011 has been
paid, to the Employees’ Compensation Fund (as established under section 8147); and
‘‘(C) if all liability of the United States Postal Service to the Employees’ Compensation Fund (as
so established) has been paid, to the United States Postal Service for the repayment of any obligation
issued under section 2005 of title 39.’’.
SEC. 5. EFFECTIVE DATE.
(a) IN GENERAL.—This Act and the amendments 15 made by this Act shall take effect on the date of enactment 16 of this Act.
(b) INTENT OF CONGRESS.—It is the intent of Congress that this Act apply with respect to the allocation
of past, present, and future benefit liabilities between the 20 United States Postal Service and the Treasury of the 21 United States.