PERFORM Act

Key Points

• This bill would stop the Postmaster General from receiving bonuses or extra performance pay if the U.S. Postal Service loses money. Currently, executives can sometimes receive extra pay even when the agency is struggling financially.
• The Postmaster General would also lose out on bonuses if the agency fails to meet its own goals for on-time mail delivery across the country. This is meant to make sure the leader of the mail system is held accountable for service quality.
• The bill requires a new annual report to Congress that lists all bonuses paid to top postal executives. This report must explain exactly why each person earned their extra pay and show the agency's financial health.
• If the Postal Service has major problems with its financial audits, the Postmaster General would be barred from receiving any performance-based pay for that year. The agency's Inspector General would check these reports to make sure the rules are followed.

Impact Analysis

Govbase has not yet run an impact analysis on this legislation.