To appropriately limit the pay of Postal Service executives.
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Senate amendment proposed (on the floor): Amendment SA 2032 proposed by Senator Tester to Amendment SA 2000.(consideration: CR S2693; text: CR S2693)
April 25, 2012
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Senate amendment proposed (on the floor): Amendment SA 2032 proposed by Senator Tester to Amendment SA 2000.(consideration: CR S2693; text: CR S2693)
April 25, 2012
Senate amendment agreed to: Amendment SA 2032 agreed to in Senate by Voice Vote.
April 25, 2012
Amendment SA 2032 proposed by Senator Tester to Amendment SA 2000. (consideration: CR S2693; text: CR S2693) To appropriately limit the pay of Postal Service executives.
April 25, 2012
Amendment SA 2032 agreed to in Senate by Voice Vote.
April 25, 2012
Senate amendment submitted
April 17, 2012
Text
Submitted
SA 2032. Mr. TESTER (for himself and Mr. Pryor) submitted an amendment intended to be proposed by him to the bill S. 1789, to improve, sustain, and transform the United States Postal Service; which was ordered to lie on the table; as follows: At the appropriate place, insert the following: SEC. ___. EXECUTIVE COMPENSATION. (a) Limitations on Compensation.--Section 1003 of title 39, United States Code, is amended-- (1) in subsection (a), by striking the last sentence; and (2) by adding at the end the following: ``(e) Limitations on Compensation.-- ``(1) Rates of basic pay.-- ``(A) In general.--Subject to subparagraph (B), an officer or employee of the Postal Service may not be paid at a rate of basic pay that exceeds the rate of basic pay for level II of the Executive Schedule under section 5313 of title 5. ``(B) Very senior executives.--Not more than 6 officers or employees of the Postal Service that are in very senior executive positions, as determined by the Board of Governors, may be paid at a rate of basic pay that does not exceed the rate of basic pay for level I of the Executive Schedule under section 5312 of title 5. ``(2) Benefits.--For any fiscal year, an officer or employee of the Postal Service who is in a critical senior executive or equivalent position, as designated under section 3686(c), may not receive fringe benefits (within the meaning given that term under section 1005(f)) that are greater than the fringe benefits received by supervisory and other managerial personnel who are not subject to collective- bargaining agreements under chapter 12.''. (b) Limitation on Bonus Authority.--Section 3686 of title 39, United States Code, is amended-- (1) in subsection (a), by striking ``The Postal Service'' and inserting ``Subject to subsection (f), the Postal Service''; and (2) by adding at the end the following: ``(f) Limitation on Bonus Authority.-- ``(1) Definition.--In this subsection, the term `covered year' means the fiscal year following a fiscal year relating to which the Office of Management and Budget determines the Postal Service has not implemented the measures needed to achieve long-term solvency, as defined in section 208(e) of the 21st Century Postal Service Act of 2012. ``(2) Limitation.--The Postal Service may not provide a bonus or other reward under this section to an officer or employee of the Postal service in a critical senior executive or equivalent position, as designated under subsection (c), during a covered year.''. (c) Effective Date; Applicability.--The amendments made by subsections (a) and (b) shall-- (1) take effect on the date of enactment of this Act; and (2) apply to any contract entered or modified by the Postal Service on or after the date of enactment of this Act. (d) Sunset.--Effective 2 years after the date of enactment of this Act-- (1) section 1003 of title 39, United States Code, is amended-- (A) in subsection (a), by adding at the end the following: ``No officer or employee shall be paid compensation at a rate in excess of the rate for level I of the Executive Schedule under section 5312 of title 5.''; and (B) by striking subsection (e); and (2) section 3686 of title 39, United States Code, is amended-- (A) in subsection (a), by striking ``Subject to subsection (f), the Postal Service'' and inserting ``The Postal Service''; and (B) by striking subsection (f). ____________________