Postal Investment Act of 2011 - Revises provisions of federal law relating to the U.S. Postal Service (USPS) with respect to the funding of retiree health benefits, product innovation, and its workforce.
Postal Service Retiree Health Benefits Act of 2011 - Revises the method for calculating USPS contributions to the Postal Service Retiree Health Benefit Fund (Fund). Eliminates currently required prefunding payments to the Fund after FY2012. Establishes the Postal Service Retiree Health Benefits Investment Board to manage investments for the Fund. Permits the Board to invest in nongovernmental securities. Establishes a funding level for the Fund at 80% of the net present value of contribution amounts. Exempts USPS from Fund contribution requirements in any fiscal year in which it has an outstanding debt obligation.
Requires the Postal Regulatory Commission (PRC), in establishing or revising a system for regulating rates and classes for market-dominant products, to consider the effect of increased customer satisfaction and increased performance of services on the value of the mail for the general public, postal customers, and others engaged in the delivery of mail other than letters. Authorizes PRC to establish new classes of mail at the request of USPS.
Directs the Postmaster General to: (1) designate a senior officer in USPS who has a wide range of knowledge of USPS, its customers, marketing, and product innovation to serve as Chief Product Innovation Officer; and (2) develop a program to educate postal employees and retirees on how Medicare benefits can interact with or supplement benefits under the Federal Employee Health Benefit Program (FEHB).
Requires USPS to develop a program to increase compliance with postage requirements, including compliance with fraud investigations.
Requires surplus contributions to the Federal Employees Retirement System (FERS) to be used by USPS to fund separation payments to USPS employees who voluntarily separate from service before October 1, 2014.
Grants postmasters and supervisors the right to consult with USPS on any changes to or reductions of compensation and benefits. Extends protections afforded to federal employees in any reduction in force to USPS employees.
Authorizes the USPS Board of Governors to allow not more than 12 USPS officers or employees in critical senior executive or equivalent positions to receive total annual compensation in an amount not to exceed 135% of: (1) level I of the Executive Schedule for the Postmaster General, (2) level II of the Executive Schedule for the Deputy Postmaster General, and (3) level III of the Executive Schedule for any other officer or employee.
[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[S. 2014 Introduced in Senate (IS)]
112th CONGRESS
1st Session
S. 2014
To reform the United States Postal Service, and for other purposes.
_______________________________________________________________________
IN THE SENATE OF THE UNITED STATES
December 16, 2011
Mr. Akaka introduced the following bill; which was read twice and
referred to the Committee on Homeland Security and Governmental Affairs
_______________________________________________________________________
A BILL
To reform the United States Postal Service, and for other purposes.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Postal Investment Act of 2011''.
SEC. 2. DEFINITIONS.
In this Act, the following definitions shall apply:
(1) Commission.--The term ``Commission'' means the Postal
Regulatory Commission.
(2) Postal service.--The term ``Postal Service'' means the
United States Postal Service.
TITLE I--POSTAL SERVICE RETIREE HEALTH BENEFITS
SEC. 101. SHORT TITLE.
This title may be cited as the ``Postal Service Retiree Health
Benefits Act of 2011''.
SEC. 102. POSTAL SERVICE RETIREE HEALTH BENEFITS.
(a) Postal Service Retiree Health Benefits Fund.--Chapter 89 of
title 5, United States Code, is amended by striking section 8909a and
inserting the following:
``Sec. 8909a. Postal Service Retiree Health Benefits Fund
``(a) There is in the Treasury of the United States a Postal
Service Retiree Health Benefits Fund (in this section referred to as
the `Fund') which shall be administered in accordance with this
section.
``(b) The Fund is available without fiscal year limitation for
payments required under section 8906(g)(2)(A).
``(c)(1) Except as provided under paragraph (2)--
``(A) the Secretary of the Treasury shall immediately
invest, in interest-bearing securities of the United States
such currently available portions of the Fund as are not
immediately required for payments from the Fund; and
``(B) such investments shall be made in the same manner as
investments for the Civil Service Retirement and Disability
Fund under section 8348.
``(2) After the date of the enactment of the Postal Service Retiree
Health Benefits Act of 2011 and the appointment of members to the
Postal Service Retiree Health Benefits Investment Board under
subsection (e) of this section, the Fund shall be managed and invested
in accordance with that subsection.
``(d)(1) Not later than June 30, 2007, and by June 30 of each
succeeding year, the Office shall compute the net present value of the
future payments required under section 8906(g)(2)(A) and attributable
to the service of Postal Service employees during the most recently
ended fiscal year.
``(2)(A) Not later than June 30, 2007, the Office shall compute,
and by June 30 of each succeeding year, the Office shall recompute the
difference between--
``(i) the net present value of the excess of future
payments required under section 8906(g)(2)(A) for current and
future United States Postal Service annuitants as of the end of
the fiscal year ending on September 30 of that year; and
``(ii)(I) the value of the assets of the Postal Retiree
Health Benefits Fund as of the end of the fiscal year ending on
September 30 of that year; and
``(II) the net present value computed under paragraph (1).
``(B) Not later than June 30, 2012, the Office shall compute, and
by June 30 of each succeeding year shall recompute, a schedule
including a series of annual installments which provide for the
liquidation of any liability or surplus by September 30, 2056, or
within 15 years, whichever is later, of 80 percent of the net present
value determined under subparagraph (A), including interest at the rate
used in that computation.
``(3)(A) The United States Postal Service shall pay into such
Fund--
``(i) $5,400,000,000, not later than September 30, 2007;
``(ii) $5,600,000,000, not later than September 30, 2008;
``(iii) $1,400,000,000, not later than September 30, 2009;
and
``(iv) $5,500,000,000, not later than September 30, 2010.
``(B) Not later than September 30, 2012, and by September 30 of
each succeeding year, the United States Postal Service shall pay into
such Fund the sum of--
``(i) the net present value computed under paragraph (1);
and
``(ii) except as provided under subparagraph (C), any
annual installment computed under paragraph (2)(B).
``(C)(i) In this subparagraph, the term `available revenues' means
the difference between the revenues of the United States Postal Service
in any fiscal year and the expenses of the United States Postal Service
in that fiscal year.
``(ii) Except as provided under clause (iii), the payment under
subparagraph (B)(ii) for any fiscal year shall be the lesser of--
``(I) the amount which would otherwise be payable under
subparagraph (B)(ii) if not for this subparagraph; or
``(II) the amount of available revenues.
``(iii) The United States Postal Service shall not make a payment
under subparagraph (B)(ii) for any fiscal year for which the United
States Postal Service has outstanding debt under section 2005 of title
39.
``(4) Computations under this subsection shall be made consistent
with the assumptions and methodology used by the Office for financial
reporting under subchapter II of chapter 35 of title 31.
``(5)(A)(i) Any computation or other determination of the Office
under this subsection shall, upon request of the United States Postal
Service, be subject to a review by the Postal Regulatory Commission
under this paragraph.
``(ii) Upon receiving a request under clause (i), 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 subparagraph, 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.
``(B) Upon receiving the report under subparagraph (A), 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.
``(6) After consultation with the United States Postal Service, the
Office shall promulgate any regulations the Office determines necessary
under this subsection.
``(e) Postal Service Retiree Health Benefits Investment Board.--
``(1) Membership.--The Fund shall have a Postal Service
Retiree Health Benefits Investment Board (in this subsection
referred to as the `Investment Board') consisting of 5 members,
all of whom shall be appointed by the Secretary of the Treasury
in consultation with--
``(A) the United States Postal Service;
``(B) the Postal Regulatory Commission;
``(C) the Office of Personnel Management; and
``(D) the several employee groups and bargaining
unions representing postal employees.
``(2) Qualifications.--Members of the Board shall have
substantial experience, training, and expertise in the
management of financial investments and pension benefit plans.
``(3) Terms.--
``(A) In general.--Except as provided under
subparagraph (B), each member shall be appointed for a
3-year term.
``(B) Initiated appointments.--The initial members
appointed under this paragraph shall be divided into
equal groups so nearly as may be, of which 1 group will
be appointed for a 1-year term, 1 for a 2-year term,
and 1 for a 3-year term.
``(C) Vacancies.--A vacancy in the Investment Board
shall not affect the powers of the Investment Board and
shall be filled in the same manner as the selection of
the member whose departure caused the vacancy.
``(D) Continuation until successor appointed.--Upon
the expiration of a term of a member of the Board, that
member shall continue to serve until a successor is
appointed.
``(4) Powers.--The Investment Board shall--
``(A) carry out the duties of the Secretary in
relation to the Fund;
``(B) retain independent advisers to assist it in
the formulation and adoption of its investment
guidelines on the allocation of investment to various
types of broad based market indexes and government
securities;
``(C) retain independent investment managers to
invest the assets of the Fund in a manner consistent
with such investment guidelines;
``(D) direct investment of assets in the Fund,
under the policies adopted under subparagraph (B);
``(E) pay administrative expenses of the Fund from
the assets in the Fund; and
``(F) transfer funds to the Office of Personnel
Management to pay benefits payable under subsection (b)
from the assets of the Fund.
``(5) Rules and administrative powers.--The Investment
Board shall have the authority to make rules to govern its
operations, utilize agency staff, and contract with outside
advisers to provide legal, accounting, investment advisory, or
other services necessary for the proper administration of this
subsection. In the case of contracts with investment advisory
services, compensation for such services may be on a fixed
contract fee basis or on such other terms and conditions as are
customary for such services.
``(6) Quorum.--Three members of the Investment Board
constitute a quorum to do business. Investment guidelines shall
be adopted by a unanimous vote of the Investment Board. All
other decisions of the Investment Board shall be decided by a
majority vote of the quorum present. All decisions of the
Investment Board shall be entered upon the records of the
Investment Board.
``(7) Funding.--The expenses of the Investment Board
incurred under this subsection shall be paid from the Fund, and
shall not exceed 1 percent of the value of the assets of the
Fund in any fiscal year.
``(8) Delegated powers.--Nothing in this paragraph shall be
construed to limit the Secretary's authorities in administering
the Fund.
``(f) Reporting Requirements and Fiduciary Standards.--The
following reporting requirements and fiduciary standards shall apply
with respect to the Fund:
``(1) Duties of the investment board.--Members of the
Investment Board shall discharge their duties (including the
voting of proxies) with respect to the assets of the Fund
solely in the interest of the participants and beneficiaries of
the programs funded under this section--
``(A) for the exclusive purpose of--
``(i) providing benefits to participants
and their beneficiaries; and
``(ii) defraying reasonable expenses of
administering the functions of the Fund;
``(B) with the care, skill, prudence, and diligence
under the circumstances then prevailing that a prudent
person acting in a like capacity and familiar with such
matters would use in the conduct of an enterprise of a
like character and with like aims;
``(C) by diversifying investments so as to minimize
the risk of large losses and to avoid disproportionate
influence over a particular industry or firm, unless
under the circumstances it is clearly prudent not to do
so; and
``(D) in accordance with governing documents and
instruments insofar as such documents and instruments
are consistent with this subsection.
``(2) Prohibitions with respect to members of the
investment board.--No member of the Investment Board shall--
``(A) deal with the assets of the Fund in the
interest of that member or for that member's own
account;
``(B) in an individual or in any other capacity act
in any transaction involving the assets of the Fund on
behalf of a person (or represent a person) whose
interests are adverse to the interests of the Fund, the
Postal Service, or the interests of participants or
beneficiaries; or
``(C) receive any consideration for the member's
own personal account from any person dealing with the
assets of the Fund.
``(3) Ethical standards.--The Investment Board shall abide
by all applicable laws and regulations regarding investment
decisions, including section 208 of title 18.
``(4) Bonding.--The Investment Board shall prescribe and
publish in the Federal Register appropriate rules regarding
bonding for any persons handling funds or other property of the
Fund.
``(5) Audit and report.--
``(A) In general.--The Fund shall annually engage
an independent qualified public accountant to audit the
financial statements of the Fund.
``(B) Submission.--Not later than 180 days after
the end of each of the Fund's fiscal years, the Fund
shall submit an annual management report to the
Congress.
``(C) Comment.--Each management report under this
subparagraph shall include--
``(i) a statement of financial position;
``(ii) a statement of operations;
``(iii) a statement of cash flows;
``(iv) a statement on internal accounting
and administrative control systems;
``(v) the report resulting from an audit of
the financial statements of the Fund conducted
under subparagraph (A); and
``(vi) any other comments and information
necessary to inform the Congress about the
operations and financial condition of the Fund.
``(g) Means of Financing.--For all purposes of the Congressional
Budget Act of 1974, the Balanced Budget and Emergency Deficit Control
Act of 1985, and chapter 11 of title 31 and notwithstanding section 20
of the Office of Management and Budget Circular No. A-11, the purchase
or sale of non-Federal assets (other than gains or losses from such
transactions) by the Fund shall be treated as a means of financing.''.
(b) Government Contributions.--Section 8906(g)(2)(A) of title 5,
United States Code, is amended by striking ``September 30, 2016'' and
inserting ``September 30, 2012''.
TITLE II--PRODUCT INNOVATION
SEC. 201. MAIL PERFORMANCE INCENTIVES.
Section 3622(c) of title 39, United States Code, is amended--
(1) in paragraph (13), by striking ``and'' at the end;
(2) by redesignating paragraph (14) as paragraph (15); and
(3) by inserting after paragraph (13) the following:
``(14) the effect of increased customer satisfaction and
increased performance of services on the value of the mail for
the general public, postal customers, and enterprises in the
private sector that are engaged in the delivery of mail other
than letters; and''.
SEC. 202. NEW MAIL CLASSES.
(a) Definition.--Section 102 of title 39, United States Code, is
amended--
(1) in paragraph (9), by striking ``and'' at the end;
(2) in paragraph (10), by striking the period at the end
and inserting ``; and''; and
(3) by adding at the end the following:
``(11) `class of mail' means a grouping of similar products
that is--
``(A) differentiated by features, service levels,
postage prices, and sorting requirements; and
``(B) that is--
``(i) defined in the Domestic Mail
Classification Schedule, as in effect on the
date of enactment of the Postal Accountability
and Enhancement Act (Public Law 109-435; 120
Stat. 3198); or
``(ii) established by the Postal Regulatory
Commission under section 3643.''.
(b) Annual Limitations.--Section 3622(d)(2)(A) of title 39, United
States Code, is amended by striking ``the Domestic Mail Classification
Schedule as in effect on the date of enactment of the Postal
Accountability and Enhancment Act'' and inserting ``section 102(11)''.
(c) New Classes of Mail.--
(1) In general.--Subchapter III of chapter 36 of title 39,
United States Code, is amended by adding at the end the
following:
``Sec. 3643. New classes of mail
``(a) In General.--Upon request of the Postal Service, the Postal
Regulatory Commission may establish new classes of mail.
``(b) Criteria.--
``(1) Market-dominant classes of mail.--The Postal
Regulatory Commission may establish a new class of mail that
contains market-dominant products if the Postal Regulatory
Commission determines that the Postal Service exercises
sufficient market power in the sale of the products to
effectively set the price of the products substantially above
costs, raise prices for the products significantly, decrease
the quality of the products, or decrease output of the
products, without risk of losing a significant share of the
market to enterprises in the private sector offering similar
products.
``(2) Products covered by postal monopoly.--The Postal
Regulatory Commission may establish a new class of mail that
contains a product covered by the postal monopoly that is
subject to the requirements of section 3622(d)(1). For purposes
of this paragraph, the term `product covered by the postal
monopoly' means a product the conveyance or transmission of
which is reserved to the United States under section 1696 of
title 18, subject to the exception set forth in the last
sentence of section 409(e)(1).
``(3) Additional considerations.--In making a determination
under this section, the Postal Regulatory Commission shall
consider--
``(A) the availability and nature of enterprises in
the private sector engaged in the delivery of the
product involved;
``(B) the views of postal customers that use the
product involved on the appropriateness of the proposed
action; and
``(C) the likely impact of the proposed action on
small business concerns, as defined for purposes of
section 3641(h).
``(c) Notification and Publication Requirements.--
``(1) Notification requirement.--At the time the Postal
Service makes a request under subsection (a), the Postal
Service shall file with the Postal Regulatory Commission and
publish in the Federal Register a notice describing the basis
for the determination by the Postal Service that the new class
of mail requested to be added satisfies the requirements under
subsection (b). Section 504(g) shall apply with respect to any
information required to be filed under this paragraph.
``(2) Publication requirement.--The Postal Regulatory
Commission shall publish in the Federal Register a revised list
of classes of mail whenever the Postal Regulatory Commission
changes the list of classes of mail containing market-dominant
products. A revised list shall indicate in what manner and on
which date any previous list is superseded.
``(d) Prohibition.--Except as provided in section 3641, a class of
mail that involves the physical delivery of letters, printed matter, or
packages may not be offered by the Postal Service unless it has been
assigned as a new class of mail under this chapter or by or under any
other provision of law.
``(e) Regulations.--Not later than 9 months after the date of
enactment of this section, the Postal Regulatory Commission shall issue
(and may from time to time thereafter revise) regulations to carry out
this section.''.
(2) Technical and conforming amendment.--The table of
sections for subchapter III of chapter 36 of title 39, United
States Code, is amended by adding at the end the following:
``3643. New classes of mail.''.
SEC. 203. EXPERIMENTAL PRODUCTS.
Section 3641(e)(2) of title 39, United States Code, is amended by
striking ``if the total revenues that are anticipated, or in fact
received, by the Postal Service from such product do not exceed
$50,000,000 in any year, subject to subsection (g)''.
SEC. 204. CHIEF PRODUCT INNOVATION OFFICER.
(a) Designation.--The Postmaster General shall designate a senior
officer within the Postal Service to serve as Chief Product Innovation
Officer.
(b) Qualifications.--The individual designated as Chief Product
Innovation Officer shall have experience that reflects a wide range of
knowledge of the Postal Service, postal customers, marketing, and
product innovation.
(c) Duties.--The Chief Product Innovation Officer shall lead the
development or improvement of products that--
(1) serve the public good;
(2) increase the value of postal products and services; and
(3) increase the volume of mail handled by the Postal
Service.
(d) Postal Innovation Report.--The Chief Product Innovation Officer
shall submit an annual report to the Commission, the Committee on
Homeland Security and Governmental Affairs of the Senate, and the
Committee on Oversight and Government Reform of the House of
Representatives that includes, at a minimum, a description of any
products created or changed by the Postal Service during the preceding
year, including any experimental or nonpostal products.
SEC. 205. UNCOLLECTED POSTAGE.
The Postal Service, in consultation with the Chief Postal Inspector
and the Inspector General of the Postal Service, shall develop a
program to increase compliance with postage requirements, including
compliance with fraud investigations, equipment review, and
reinforcement of applicable policies.
TITLE III--WORKFORCE
SEC. 301. TREATMENT OF SURPLUS CONTRIBUTIONS TO FEDERAL EMPLOYEES
RETIREMENT SYSTEM.
Section 8423(b) of title 5, United States Code, is amended--
(1) by redesignating paragraph (5) as paragraph (6); and
(2) by inserting after paragraph (4) the following:
``(5)(A) In this paragraph, the term `surplus postal
contributions' means the amount by which the amount computed
under paragraph (1)(B) is less than zero.
``(B) For each fiscal year in which the amount computed
under paragraph (1)(B) is less than zero, upon request of the
Postmaster General, the Director shall transfer to the United
States Postal Service from the Fund an amount equal to the
surplus postal contributions for that fiscal year for use in
accordance with this paragraph.
``(C) For each of fiscal years 2012, 2013, and 2014, if the
amount computed under paragraph (1)(B) is less than zero, a
portion of the surplus postal contributions for the fiscal year
shall be used by the United States Postal Service for the cost
of providing payments to employees of the United States Postal
Service who voluntarily separate from service before October 1,
2014. Notwithstanding section 3523(b)(3)(B), payments under
this subsection may be in the amount determined appropriate by
the United States Postal Service.
``(D) Any surplus postal contributions for a fiscal year
not expended under subparagraph (C) may be used by the United
States Postal Service for the purposes of--
``(i) repaying any obligation issued under section
2005 of title 39; or
``(ii) making required payments to--
``(I) the Employees' Compensation Fund
established under section 8147;
``(II) the Employees Health Benefits Fund
established under section 8909; or
``(III) the Civil Service Retirement and
Disability Fund.''.
SEC. 302. MEDICARE COORDINATION EFFORTS FOR POSTAL SERVICE RETIREES.
The Postmaster General, in consultation with the Director of the
Office of Personnel Management and the Administrator of the Centers for
Medicare & Medicaid Services, shall develop an educational program to
encourage the voluntary use of the Medicare program for hospital
insurance benefits under part A of title XVIII of the Social Security
Act (42 U.S.C. 1395c et seq.) (commonly known as ``Medicare Part A'')
and the Medicare program for supplementary medical insurance benefits
under part B of title XVIII of the Social Security Act (42 U.S.C. 1395j
et seq.) (commonly known as ``Medicare Part B'') for eligible employees
that may benefit from enrollment, the objective of which shall be to--
(1) educate employees and retirees on how Medicare benefits
can interact or supplement the benefits of the employee or
retiree under the Federal Employee Health Benefit Program; and
(2) reduce costs to the Federal Employee Health Benefit
Program, beneficiaries, and the Postal Service by coordinating
services with the Medicare program.
SEC. 303. LABOR DISPUTES.
Section 1207(c) of title 39, United States Code, is amended by
adding at the end the following:
``(4) Nothing in this title shall be construed to limit the factors
an arbitration board may take into consideration in rendering a
decision under this subsection.''.
SEC. 304. SUPERVISORY AND OTHER MANAGERIAL ORGANIZATIONS.
Section 1004 of title 39, United States Code, is amended--
(1) in subsection (b), in the second sentence, by inserting
``as provided under subsection (d) and any changes in, or
termination of, pay policies and schedules and fringe benefit
programs for members of the supervisors' organization as
provided under subsection (e)'' before the period; and
(2) in subsection (e)(1), by inserting ``, or termination
of,'' after ``any changes in''.
SEC. 305. APPLICABILITY OF PROVISIONS RELATING TO REDUCTIONS IN FORCE.
Section 1005 is amended by adding at the end the following:
``(g)(1) Except as otherwise provided under a collective bargaining
agreement entered into under chapter 12, subchapter I of chapter 35 of
title 5 (including the regulations implementing such subchapter) shall
apply to employees of the Postal Service who hold positions that are
represented by a bargaining representative recognized under section
1203.
``(2) Before carrying out any reduction in force in accordance with
paragraph (1), the Postmaster General shall submit a report to the
Committee on Homeland Security and Governmental Affairs of the Senate,
the Committee on Oversight and Government Reform of the House of
Representatives, and Director of the Office of Personnel Management
indicating the extent of the reduction in force and how the Postal
Service will comply with section 3502(a)(4) of title 5.''.
SEC. 306. EXECUTIVE COMPENSATION.
Section 3686(b) of title 39, United States Code, is amended--
(1) in paragraph (1), by striking ``payable to the Vice
President under section 104 of title 3'' and inserting
``payable for a position on level I of the Executive Schedule
under section 5312 of title 5''; and
(2) by striking subsection (c) and inserting the following:
``(c) Exceptions for Critical Positions.--
``(1) In general.--The Board of Governors may allow not
more than 12 officers or employees of the Postal Service in
critical senior executive or equivalent positions to receive
total annual compensation in an amount not to exceed 135
percent of the amount determined under paragraph (2).
``(2) Amount.--The amount determined under this paragraph
shall be the amount payable, as of the end of the calendar year
in which the payment is received, for a position at--
``(A) level I of the Executive Schedule under
section 5312 of title 5, for the Postmaster General;
``(B) level II of the Executive Schedule under
section 5313 of title 5, for the Deputy Postmaster
General; and
``(C) level III of the Executive Schedule under
section 5314 of title 5, for any other officer or
employee.
``(3) Notice.--Not later than 30 days after the date on
which the first payment is made at a rate of pay authorized
under this subsection, the Board of Governors shall submit to
the Director of the Office of Personnel Management and Congress
a written notice that shall include--
``(A) the name of the officer or employee receiving
the payment;
``(B) a description of the critical nature of the
duties and responsibilities of the officer or employee;
and
``(C) a discussion of the basis for determining
that the amount of the payment is warranted.''.
<all>
Introduced in Senate
Sponsor introductory remarks on measure. (CR S8735-8736)
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
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