S. 5373

USPS Executive Benefit and Bonus Removal Act

Sponsor: Mike Rounds · 0 cosponsors

Follow this bill

Official summary

No official summary yet.

Text of the bill

Expand all
Sec. 3. Limit on Compensation

Section 1001 of title 39, United States Code, is amended by adding at the end the following:

Text this section adds to the law

(f) Limit on Compensation

(1) Limit. No officer, executive, or employee of the Postal Service may receive compensation greater than that of the President under section 102 of title 3.

(2) No Circumvention. The Postal Service may not provide a covered executive officer (as defined in section 1003(e) of this title) with a bonus, deferred compensation, or any other form of current or deferred compensation in order to circumvent the compensation limit set in paragraph (1).