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Financial Management: Estimate of Interest on Selected Benefits Received by Postal Service Retirees

AIMD-93-11 Published: Jul 29, 1993. Publicly Released: Aug 31, 1993.
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Highlights

Pursuant to a congressional request, GAO prepared estimates of interest on the amounts the U.S. Postal Service (USPS) was required to pay for certain cost-of-living adjustments and health benefits USPS retirees received during fiscal years 1972 through 1990 and compared the estimates with the amounts contained in the President's 1994 budget proposal.

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Cost of livingEmployee retirement plansRetireesGovernment retirement benefitsInterest ratesOffsetting collectionsPostal service employeesPresidential budgetsPresidential proposalsProjectionsReimbursements to government