Totals. Jan 15, 2021. 2382) which would repeal the mandate that USPS “pre-fund” decades’ worth of health benefits for its future retirees, enacted through the Postal Accountability and Enhancement Act (PAEA) of 2006. The Postal Accountability and Enhancement Act (PAEA) is a United States federal statute enacted by the 109th United States Congress and signed into law by President George W. Bush on December 20, 2006. No other federal agency is required to do this. Sign and send the petition: Trump has been impeached. 0-9 | A ... extend, or repeal particular chunks of the existing Code, making it no great challenge to figure out how to classify its various parts. 6407) that requires the USPS to pre fund retirement benefits to any employee that it hires. 2382) which would repeal the mandate that USPS “pre-fund” decades’ worth of health benefits for its future retirees, enacted through the Postal Accountability and Enhancement Act (PAEA) of 2006. On April 28, Reps. Peter DeFazio (D-OR), Tom Reed (R-NY), Xochitl Torres Small (D-NM), and Brian Fitzpatrick (R-PA) introduced the USPS Fairness Act (H.R. 3198 PUBLIC LAW 109–435—DEC. In fiscal 2019, for example, 83% of the $8.8 billion the agency lost came from payments into its retiree pension fund and retiree health benefits fund. Dave Partenheimer, a USPS spokesman, praised the legislation's intentions on Wednesday, while making clear it was only a first step for the changes the agency requires. After years of broader postal reform bills failing to pass, the House this week will vote on a measure to repeal the Postal Service’s mandate to pre-fund health care benefits for future retirees.. The Postal Accountability & Enhancement Act of 2006 requires the USPS to pay forward health benefits 75 years in advance over a period of 10 years. See why other supporters are signing, why this petition is important to them, and share your reason for signing (this will mean a lot to the starter of the petition). House Resolution 1351, not 2309! Accountability and Enhancement Act)‘ after ‘3626 (a)‘ and after ‘3626 (a) (3) (B) (ii)‘. No 5 % 20 20 . Petition details. But what's really dragging down the Postal Service is something else entirely. 2382) had more than 300 cosponsors, including more than five-dozen Republicans. 101. On February 13, 2013 US Senator Bernie Sanders and US Congressman Peter DeFazio proposed legislation that would repeal the 2006 Postal Accountability and Enhancement Act (PAEA) which has created much of the USPS’s current financial problems. 22 (109 th): Postal Accountability and Enhancement Act. Support USPS Fairness Act Repeal the pre-funding mandate In 2006, the Postal Accountability and Enhancement Act (PAEA) was enacted, a postal reform law with a mandate that USPS “pre-fund” decades’ worth of health benefits for its future retirees. NEXT STORY: This just kicks the can down the road.". Sec. 22 (109th) in the House. The House on Wednesday voted to end the U.S. Government Executive uses cookies for analytics and personalization. H.R. The Postal Accountability and Enhancement Act Kevin R. Kosar Analyst in American National Government Government and Finance Division Summary President George W. Bush signed the Postal Enhancement and Accountability Act (P.L. Local residents,postal workers and activists gathered to demand Congress provide $25 billion in immediate support for the U.S. 109-435 oversight issues for Congress. In part, the Act provided new flexibility, particularly in competitive pricing for shipping services, enabling the Postal Service to respond to dynamic market conditions and changing customer needs for packages. 101) Amends federal law provisions concerning the Postal Service to add definitions, including the terms postal service, competitive product, market-dominant product, and rates. 201 . Shortly after the law’s passage, the recession hit and mail volume began to decline precipitously. All Votes R epublicans D emocrats I ndependents; Aye 95 % 410 208 . This is a burden no other agency or private corporation in the country faces. That trend has continued to this day, leaving USPS without the financial means to make the annual payments and forcing it to default on them while absorbing the losses on its balance sheet. This repor t briefly describe s Congress’s pursuit of postal reform, summarizes the major provisions of the new postal … The measure would eliminate the requirement going forward and forgive all payments on which USPS has defaulted. 410. POSTAL ACCOUNTABILITY AND ENHANCEMENT ACT VerDate 14-DEC-2004 19:09 Feb 01, 2007 Jkt 059139 PO 00435 Frm 00001 Fmt 6579 Sfmt 6579 E:\PUBLAW\PUBL435.109 APPS22 PsN: PUBL435. Provisions relating to market-dominant products. Yes, Government Executive can email me on behalf of carefully selected companies and organizations. The reform movement culminated in the 109th Congress. NALC – 4/30/19 – On April 28, Reps. Peter DeFazio (D-OR), Tom Reed (R-NY), Xochitl Torres Small (D-NM), and Brian Fitzpatrick (R-PA) introduced the USPS Fairness Act (H.R. Postal Accountability and Enhancement Act - Title I: Definitions; Postal Services - (Sec. Repealing a provision of the Postal Accountability and Enhancement Act is “so critical to the welfare of the Postal Service†that it should be the exclusive focus of a report to the president and Congress on the effectiveness of the law, the APWU wrote to the Postal … "It gives them no flexibility, it gives them no additional cash flow," said Rep. Mark Meadows, R-N.C., who has helped push previous bipartisan postal reform efforts, on the House floor Wednesday. Claim: The United States Postal Service (USPS) is losing money due to a 2006 law mandating it fund its pensions 75 years in advance. 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