Audit Recommendations That May Require Additional Action by External Parties

Audit Recommendations That May Require additional Action by External Parties
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Fiscal Year	Report Title	Issue Date	Report Number	Financial Value	Status	Recommendation Summary	Management Response
2016	Revenue Forgone	05/03/2016	FT-AR-16-006	$1,615,993,029	Closed	R - 1 -- Pursue changes to the Revenue Forgone Reform Act of 1993 to allow the remaining amount owed plus interest, totaling about $1.6 billion, be applied against the U.S. Postal Service's outstanding loans from the U.S. Department of the Treasury.	Agree
2013	Using U.S. Postal Service-Specific Assumptions for Calculating the Civil Service Retirement System Liability	09/27/2013	FT-MA-13-023	$1,300,000,000	Closed	R - 1 -- Coordinate with the Office of Personnel Management to modify the future Civil Service Retirement System liability calculation to use actuarial assumptions specific to the Postal Service.	Agree
2013	Using U.S. Postal Service-Specific Assumptions for Calculating the Federal Employees Retirement System Liability	09/27/2013	FT-MA-13-024	$9,480,000,000	Closed	R - 1 -- Coordinate with the Office of Personnel Management to modify the future Federal Employees Retirement System liability calculation to use actuarial assumptions specific to the Postal Service and, based on the results, take action as appropriate.	Agree

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