Postal Civil Service Retirement System Funding Reform Act of 2003
Official title: To amend chapter 83 of title 5, United States Code, to reform the funding of benefits under the Civil Service Retirement System for employees of the United Sta… Show full official titleShow less
Official title: To amend chapter 83 of title 5, United States Code, to reform the funding of benefits under the Civil Service Retirement System for employees of the United States Postal Service, and for other purposes.
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Laid on the table. See S. 380 for further action.
Mandates that savings accruing to the Postal Service and attributable to specified years: (1) be used to reduce the postal debt as the Secretary of the Treasury shall specify; and (2) be held in escrow until Congress acts following receipt of certain reports.
Expresses the sense of the Congress that: (1) the savings accruing to the Postal Service as a result of the enactment of this Act will be sufficient to allow the Postal Service to fulfill its commitment to hold postage rates unchanged until at least 2006; (2) because the Postal Service still faces substantial obligations related to postretirement health benefits for its current and former employees, some portion of those savings should be used to address the unfunded obligations; and (3) none of the savings should be used to pay bonuses to Postal Service executives.
Sets a deadline for submission of a mandatory Postal Service report detailing how future savings accruing to the Postal Service as a result of the enactment of this Act should be expended.
- Introduced in House Formatted Text PDF
- Reported in House Formatted Text PDF
Cite this page
U.S. Congress. (2026). H.R. 735: Postal Civil Service Retirement System Funding Reform Act of 2003. 108th Congress. Open America. https://openamerica.io/bill/108-HR-735/
"H.R. 735: Postal Civil Service Retirement System Funding Reform Act of 2003." 108th Congress, 2026, Open America, https://openamerica.io/bill/108-HR-735/.
H.R. 735, 108th Cong. (2026), https://openamerica.io/bill/108-HR-735/.
[H.R. 735: Postal Civil Service Retirement System Funding Reform Act of 2003](https://openamerica.io/bill/108-HR-735/)