This report presents the results of our performance of the procedures agreed upon by the Office of the Chief Financial Officer of the U.S. Office of Personnel Management (OPM). The report responds to the U.S. Office of Management and Budget’s (OMB) requirement to assist the OPM in assessing the reasonableness of employee withholdings and U.S. Postal Service contributions reported in the Report of Withholdings and Contributions for Health Benefits, Life Insurance and Retirement.
Postal Service management is responsible for withholdings and contributions reported in the Report of Withholdings and Contributions for Health Benefits, Life Insurance and Retirement; and the enrollment information reported in the Supplemental Semiannual Headcount Report (Headcount Report). The sufficiency of the agreed-upon procedures is solely the responsibility of OPM’s Office of the Chief Financial Officer. Consequently, we make no representation regarding the sufficiency of the agreed-upon procedures either for the purpose for which this report has been requested or any other purpose.
What We Did
Our objective was to perform procedures agreed to by the OPM’s Chief Financial Officer to assist the OPM in assessing the reasonableness of retirement, health benefits, and life insurance withholdings and contributions as well as enrollment information submitted via the Headcount Report. We applied the agreed-upon procedures to the payroll periods ended August 27, 2021, February 25, 2022, and April 8, 2022; and the enrollment information reported in the Headcount Report for September 2021 and March 2022.