On the recordApril 24, 2012
Madam President, this is an amendment we have changed somewhat from the original version to address some of the concerns. What this amendment does is 2 years from now it will give the authority to the Postmaster General to create a retirement requirement for postal employees. There are 175,000 postal employees eligible for retirement right now. Nothing happens for the next 2 years. It gives plenty of time for planning. It gives him the authority to create that principle, which says that when you become retirement age--because they are going to have a continuing need to have fewer and fewer employees-- there is the ability to make retirement mandatory. That is all it does. It is for those who are best capable of retiring with full pensions. They have to have complete and full pension capability. It will allow him to do that 2 years from now--not now but 2 years from now--and it only gives him the authority should he want to. So it does not mandate it, it does not require it, and it actually does not take effect for 2 years. The PRESIDING OFFICER. The Senator from Maine.





