§3686 Bonus Authority

Summary

The Postal Service can create one or more programs to give bonuses or other rewards to senior executives or equivalent employees to help meet the goals of this chapter. These programs can allow payments above the usual limit in the last sentence of section 1003(a) if the Board of Governors approves. No person may get total pay higher than the total annual pay of the Vice President under section 104 of title 3 for the calendar year when the bonus is paid. To get approval, the Postal Service must ask the Board in the form the Board requires, and the Board must approve if it finds the performance review system clearly separates better and worse performers. The Board can suspend or revoke approval if the review system later fails to do that. The Board of Governors can also let up to 12 critical senior executives get total pay up to 120 percent of the Vice President’s annual pay under section 104 of title 3. For each such exception, the Board must notify the Director of the Office of Personnel Management and Congress in writing within 30 days, naming the person, explaining why the job is critical, and stating the reason for the payment. The Postal Service’s comprehensive statement under section 2401(e) must list each person who received a bonus allowed by these rules, the amount paid, and how much the usual limit in section 1003(a) was exceeded. The Board can make rules to run these programs.