S. 5373
USPS Executive Benefit and Bonus Removal Act
Sponsor: Mike Rounds · 0 cosponsors
Official summary
No official summary yet.
Text of the bill
Section 1001 of title 39, United States Code, is amended by adding at the end the following:
(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).