Limits bonuses for the Postmaster General if the Postal Service fails to meet performance targets or financial audits.
The PERFORM Act amends title 39, United States Code, to restrict bonuses for the Postmaster General if the Postal Service fails to meet established service performance targets, receives a material weakness, adverse opinion, or disclaimer in its financial audit, or fails to submit the required annual report to Congress. The Postmaster General must submit an annual report detailing any performance-based compensation, performance metrics, financial performance, and service data. The Inspector General of the Postal Service reviews the report to ensure compliance.
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