2022—Pub. L. 117–108, § 102(b)(2), substituted “Benefits” for “Benefit” in section catchline.
Subsecs. (d) to (g). Pub. L. 117–108, § 102(b)(1), added subsecs. (d) to (g) and struck out former subsec. (d) which related to various computations of net present value of future payments, payments into the Postal Retiree Health Benefits Fund, and promulgation of regulations.
2011—Subsec. (d)(3)(A)(v). Pub. L. 112–74 substituted “August 1, 2012” for “October 4, 2011”. See below.
Pub. L. 112–33 substituted “October 4, 2011”, which is the date specified in section 106(3) of Pub. L. 112–33, for “September 30, 2011”.
2009—Subsec. (d)(3)(A)(iii). Pub. L. 111–68 amended cl. (iii) generally. Prior to amendment, cl. (iii) read as follows: “$5,400,000,000, not later than September 30, 2009;”.
Statutory Notes and Related Subsidiaries
Application of Pub. L. 117–108
Pub. L. 117–108, title I, § 102(c), Apr. 6, 2022, 136 Stat. 1139, provided that:
“(1) Cancellation of payments.—
Any payment required from the Postal Service under section 8909a of title 5
, United States Code, as in effect on the day before the date of enactment of this Act [Apr. 6, 2022
] that remains unpaid as of such date of enactment is canceled.
“(2) Effect of this act.—
In any determination relating to the future liability for retiree health benefits of the United States Postal Service or the Postal Service Retiree Health Benefits Fund, the Office of Personnel Management shall take into account the actual and reasonably expected effects of this Act [see Tables for classification].”
[For definition of “Postal Service” as used in section 102(c) of Pub. L. 117–108, set out above, see section 102 of Title 39, Postal Service, as made applicable by section 2(b) of Pub. L. 117–108, which is set out as a note under section 501 of Title 39.]
Review by Postal Regulatory Commission
Pub. L. 109–435, title VIII, § 803(b), Dec. 20, 2006, 120 Stat. 3252, provided that:
“(1) In general.—
“(A) Request for review.—
Any regulation established under section 8909a(d)(5) of title 5
, United States Code (as added by subsection (a)), shall, upon request of the United States Postal Service
, be subject to a review by the Postal Regulatory Commission
under this paragraph.
Upon receiving a request under subparagraph (A), the Commission shall promptly procure the services of an actuary, who shall hold membership in the American Academy of Actuaries and shall be qualified in the evaluation of healthcare insurance obligations, to conduct a review in accordance with generally accepted actuarial practices and principles and to provide a report to the Commission containing the results of the review. The Commission, upon determining that the report satisfies the requirements of this paragraph, shall approve the report, with any comments it may choose to make, and submit it with any such comments to the Postal Service, the Office of Personnel Management, and Congress.
Upon receiving the report under paragraph (1), the Office of Personnel Management shall reconsider its determination or redetermination in light of such report, and shall make any appropriate adjustments. The Office shall submit a report containing the results of its reconsideration to the Commission, the Postal Service, and Congress.”