S.Amdt. 2026

1. Adds SEC. ___. PERFORMANCE-BASED PAY FOR POSTMASTER GENERAL; POSTAL SERVICE BONUS AUTHORITY wherever appropriate

   Adds a section

   Inserted: SEC. ___. PERFORMANCE-BASED PAY FOR POSTMASTER GENERAL; POSTAL SERVICE BONUS AUTHORITY.

   Inserted: (a) In General.--Chapter 10 of title 39, United States Code, is amended by adding at the end the following:

   Inserted: "Sec. 1012. Performance-based pay for Postmaster General;

   Inserted: Postal Service bonus authority

   Inserted: "(a) Performance-based Pay for Postmaster General.--

   Inserted: "(1) Definition.--In this subsection, the term 'base rate' means the annual rate of pay for the Postmaster General in effect on the date of enactment of the 21st Century Postal Service Act of 2012.

   Inserted: "(2) Annual rate of pay.--Except as provided under paragraph (3), the annual rate of pay for the Postmaster General shall be the base rate.

   Inserted: "(3) Adjustments.--

   Inserted: "(A) In general.--The annual rate of pay for the Postmaster General shall be adjusted only in accordance with this paragraph. An adjustment under this paragraph may be made notwithstanding section 1003(a).

   Inserted: "(B) Fiscal years with surpluses.--If there was a surplus in the preceding fiscal year as determined under subsection (c)(1) and the individual serving as the Postmaster General served in that position for all of the preceding fiscal year, the annual rate of pay for the Postmaster General for pay periods beginning on or after October 1 in any fiscal year shall be equal to the base rate increased by the percentage of the surplus for the preceding fiscal year as determined under subsection (c)(2).

   Inserted: "(4) Fiscal year with deficits.--If there was a deficit in the preceding fiscal year as determined under subsection (c)(1), the annual rate of pay for the Postmaster General for pay periods beginning on or after October 1 in any fiscal year shall be equal to the base rate decreased by the percentage of the deficit for the preceding fiscal year as determined under subsection (c)(2).

   Inserted: "(b) Bonus Authority.--

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   Inserted: "(1) Fiscal years with surpluses.--If there was a surplus in the preceding fiscal year as determined under subsection (c)(1), the Postal Service may provide incentive or performance award payments to employees during a fiscal year, which may not increase the total compensation of an employee relative to the base salary of the employee by a percentage greater than the percentage of the surplus for the preceding fiscal year as determined under subsection (c)(2).

   Inserted: "(2) Fiscal years with deficits.--If there was a deficit in the preceding fiscal year as determined under subsection (c)(1), the Postal Service may not provide incentive or performance award payments to employees during a fiscal year.

   Inserted: "(c) Determinations by the Office of Management and Budget.--At the end each fiscal year the Director of the Office of Management and Budget shall--

   Inserted: "(1) make a determination of whether there is a surplus or a deficit in the annual budget of the Postal Service submitted under section 2009 for that fiscal year;

   Inserted: "(2) make a determination of the surplus or deficit described under paragraph (1) expressed as a percentage of the budget for that fiscal year; and

   Inserted: "(3) submit notification to the Board of Governors and Congress of the determinations made under paragraphs (1) and (2).".

   Inserted: (b) Fixing Pay by Board of Governors.--Sections 202(c) of title 39, United States Code, is amended in the second sentence by striking "pay and".

   Inserted: (c) Technical and Conforming Amendment.--The table of sections for chapter 10 of title 39, United States Code, is amended by adding after the item relating to section 1011 the following:

   Inserted: "1012. Performance-based pay for Postmaster General; Postal Service bonus authority.".

   Inserted: (d) Effective Date.--

   Inserted: (1) In general.--Except as provided under paragraph (2), the amendments made by this section shall take effect on the date of enactment of this Act.

   Inserted: (2) Adjustments; bonuses.--

   Inserted: (A) Adjustments.--Adjustments under section 1012(a) of title 39, United States Code, (as added by subsection (a) of this section) shall apply to pay periods occurring on or after October 1, 2012.

   Inserted: (B) Bonuses.--The limitation on the provision of incentive or performance award payments under Adjust section 1012(b) of title 39, United States Code, (as added by subsection (a) of this section) shall apply to fiscal year 2013 and each fiscal year thereafter.

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   Original wording

   At the appropriate place, insert the following:

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As printed