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" Commission, would be made in 30 equal annual installments, with the first payment due at the end of the fiscal year after the one in which a pay increase is effective. "
Payments on Unfunded Liability by the U.S. Postal Service to Civil Service ... - Page 11
by United States. Congress. Senate. Committee on Post Office and Civil Service - 1974 - 45 pages
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Briefing by the Postmaster General: Hearing, Ninety-second Congress, Second ...

United States. Congress. House. Committee on Post Office and Civil Service - Postal service - 1972 - 60 pages
...extension of the coverage of the retirement law, or (3) increases in pay on which benefits are computed. These payments, in amounts determined by the Civil...the first payment due at the end of the fiscal year after the one in which a pay increase is effective. In short, amortization of the increases in the...
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Briefing by the Postmaster General, Hearing Before ..., 92-2, April 11, 1972

United States. Congress. House. Post Office and Civil Service - 1972 - 52 pages
...extension of the coverage of the retirement law, or (3) increases in pay on which benefits are computed. These payments, in amounts determined by the Civil...the first payment due at the end of the fiscal year after the one in which a pay increase is effective. In short, amortization of the increases in the...
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Hearings, Reports and Prints of the Senate Committee on Post Office and ...

United States. Congress. Senate. Committee on Post Office and Civil Service - Civil service - 1973 - 1450 pages
...postal salaries given since July 1, 1971. These payments, in amounts determined by the Conmission, would be made In 30 equal annual installments, with...fiscal year in which a pay increase is effective. To soften the impact of these 30 annual payments on the postal ratepayer, the Postal Service would...
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Second Supplemental Appropriations for Fiscal Year 1973, Hearings Before ...

United States. Congress. Senate. Appropriations - 1973 - 2240 pages
...1969, Sec. 865 (PL 91-201), such ya new statute must be financed with appropriate interest in 30 equal with the first payment due at the end of the fiscal year in which each new ion of benefits, or increase in salary is effective. The Government Actuary ury has...
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Supplemental Civil Service Retirement Plan: Hearings Before the ..., Part 2

United States. Congress. House. Committee on Post Office and Civil Service - Civil service - 1985 - 488 pages
...with interest (computed at the rate used in the most recent valuation of the CSRS — currently 5%), with the first payment due at the end of the fiscal year in which an increase in basic pay becomes effec3. The US Treasury makes two separate transfers from...
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Supplemental Civil Service Retirement Plan: Hearings Before the ..., Part 1

United States. Congress. House. Committee on Post Office and Civil Service - Civil service - 1985 - 472 pages
...with interest (computed at the rate used in the most recent valuation of the CSRS — currently 5%) , with the first payment due at the end of the fiscal year in which an increase in basic pay becomes effective. 3. The US Treasury makes two separate transfers...
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Impact of 1981 Postal Service Labor Contract on Federal Civil Service ...

United States. Congress. House. Committee on Government Operations. Subcommittee on Government Information and Individual Rights - Civil service - 1982 - 154 pages
...the particular time. Under the law, the Postal Service must pay the unfunded liability to the Fund in 30 equal annual installments, with the first payment due at the end of the fiscal year in which the pay increase becomes effective. Previous labor agreements since section 8348(h) was enacted...
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United States Postal Service information on retirement plans.

2001 - 34 pages
...annual installments, with interest computed at the rate used in the most recent valuation of GSRS, with the first payment due at the end of the fiscal year in which an increase in pay becomes effective. The interest rate for calculating the present value...
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