Home >Financials >United States Postal Service Annual Report 2010: Foundation For The Future > Introduction to the Financial Section > Management’s Discussion and Analysis of FinancialCondition and Results of Operations > Net Periodic Costs
Information about the net periodic costs for the CSRS and FERS pension plans, which is prepared by OPM under SFFAS 33, is as follows:
Components of Net Periodic Costs as Calculated by OPM (9/30/09 latest actual data available) (dollars in billions)
CSRS
Projected 2010
Actual 2009
Actuarial Liability as of October 1
$ 214.9
$ 204.1
+ Expected Contributions*
0.4
0.5
– Expected Benefit Disbursements
(10.7)
(10.0)
+ Interest Expense
10.1
12.5
+ Total Actuarial Loss During FY
0.0
7.8
Actuarial Liability as of September 30
$ 214.7
FERS
$ 72.3
$ 62.8
+ Normal Cost
3.53
3.2
(1.1)3
(1.0)
3.73
4.0
0.03
3.3
78.43
72.3
Total Actuarial Liability as of September 30
$ 293.1
$ 287.2
*Expected contributions for CSRS consist of employee contributions only.
