Surplus to Requirements | USPS OIG

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here has been a surplus in the U.S. Postal Service’s Federal Employees’ Retirement System FERS pension program since 1992. Most recently, the FERS surplus was projected to be $11.4 billion, accounting for most of the Postal Service’s total $13.1 billion pension surplus.The Office of Inspector General OIG asked Hay Group, an actuarial firm, to examine the causes of the FERS surplus, and a new OIG white paper presents the results

via Surplus to Requirements | USPS OIG.

Written by Lisa.Bowes

October 16th, 2012 at 1:11 pm

Posted in USPS

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