HR 1804 IHCommentsClose CommentsPermalink

To amend title 5, United States Code, to make certain modifications in the Thrift Savings Plan, the Civil Service Retirement System, and the Federal Employees’ Retirement System, and for other purposes.CommentsClose CommentsPermalink

March 31, 2009CommentsClose CommentsPermalink

Mr. TOWNS (for himself, Mr. SKELTON, Mr. WAXMAN, Mr. LYNCH, and Mrs. DAVIS of California) introduced the following bill; which was referred to the Committee on Oversight and Government Reform, and in addition to the Committee on Armed Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concernedCommentsClose CommentsPermalink

To amend title 5, United States Code, to make certain modifications in the Thrift Savings Plan, the Civil Service Retirement System, and the Federal Employees’ Retirement System, and for other purposes.CommentsClose CommentsPermalink

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,CommentsClose CommentsPermalink

SECTION 1. SHORT TITLE; TABLE OF CONTENTS.

(a) Short Title- This Act may be cited as the ‘Federal Retirement Reform Act of 2009’.CommentsClose CommentsPermalink





(b) Table of Contents- The table of contents for this Act is as follows:CommentsClose CommentsPermalink





Sec. 1. Short title; table of contents.CommentsClose CommentsPermalink

TITLE I--PROVISIONS RELATING TO FEDERAL EMPLOYEES RETIREMENT

Subtitle A--Thrift Savings Plan Enhancement

Sec. 101. Short title.CommentsClose CommentsPermalink





Sec. 102. Automatic enrollments.CommentsClose CommentsPermalink





Sec. 103. Qualified Roth contribution program.CommentsClose CommentsPermalink





Sec. 104. Authority to establish self-directed investment window.CommentsClose CommentsPermalink





Sec. 105. Reporting requirements.CommentsClose CommentsPermalink





Sec. 106. Acknowledgement of risk.CommentsClose CommentsPermalink

Subtitle B--Other Retirement-Related Provisions

Sec. 111. Credit for unused sick leave.CommentsClose CommentsPermalink





Sec. 112. Exemption of certain CSRS repayments from the requirement that they be made with interest.CommentsClose CommentsPermalink





Sec. 113. Computation of certain annuities based on part-time service.CommentsClose CommentsPermalink





Sec. 114. Treatment of members of the uniformed services under the Thrift Savings Plan.CommentsClose CommentsPermalink





Sec. 115. Authority to deposit refunds under FERS.CommentsClose CommentsPermalink





Sec. 116. Retirement credit for service of certain employees transferred from District of Columbia service to Federal service.CommentsClose CommentsPermalink

TITLE II--SPECIAL SURVIVOR INDEMNITY ALLOWANCE FOR SURVIVING SPOUSES OF ARMED FORCES MEMBERS

Sec. 201. Increase in monthly amount of special survivor indemnity allowance for widows and widowers of deceased members of the Armed Forces affected by required Survivor Benefit Plan annuity offset for dependency and indemnity compensation.CommentsClose CommentsPermalink

TITLE I--PROVISIONS RELATING TO FEDERAL EMPLOYEES RETIREMENTCommentsClose CommentsPermalink

Subtitle A--Thrift Savings Plan EnhancementCommentsClose CommentsPermalink

SEC. 101. SHORT TITLE.

This subtitle may be cited as the ‘Thrift Savings Plan Enhancement Act of 2009’.CommentsClose CommentsPermalink

SEC. 102. AUTOMATIC ENROLLMENTS.

(a) In General- Section 8432(b) of title 5, United States Code, is amended by striking paragraphs (2) through (4) and inserting the following:CommentsClose CommentsPermalink





‘(2)(A) The Board shall by regulation provide for an eligible individual to be automatically enrolled to make contributions under subsection (a) at the default percentage of basic pay.CommentsClose CommentsPermalink





‘(B) For purposes of this paragraph, the default percentage shall be equal to 3 percent or such other percentage, not less than 2 percent nor more than 5 percent, as the Board may by regulation prescribe.CommentsClose CommentsPermalink





‘(C) The regulations shall include provisions under which any individual who would otherwise be automatically enrolled in accordance with subparagraph (A) may--CommentsClose CommentsPermalink





‘(i) modify the percentage or amount to be contributed pursuant to automatic enrollment, effective from the start of such enrollment; orCommentsClose CommentsPermalink





‘(ii) decline automatic enrollment altogether.CommentsClose CommentsPermalink





‘(D) For purposes of this paragraph, the term ‘eligible individual’ means any individual who, after any regulations under subparagraph (A) first take effect, is appointed, transferred, or reappointed to a position in which that individual is eligible to contribute to the Thrift Savings Fund.CommentsClose CommentsPermalink





‘(E)(i) Subject to clause (ii), sections 8351(a)(1), 8440a(a)(1), 8440b(a)(1), 8440c(a)(1), 8440d(a)(1), and 8440e(a)(1) shall be applied in a manner consistent with the purposes of this paragraph.CommentsClose CommentsPermalink





‘(ii) The Secretary concerned may, with respect to members of the uniformed services under the authority of such Secretary, establish such special rules as such Secretary considers necessary for the administration of this subparagraph, including rules in accordance with which such Secretary may--CommentsClose CommentsPermalink





‘(I) provide for delayed automatic enrollment; orCommentsClose CommentsPermalink





‘(II) preclude or suspend the application of automatic enrollment.’.CommentsClose CommentsPermalink





(b) Technical Amendment- Section 8432(b)(1) of title 5, United States Code, is amended by striking the parenthetical matter in subparagraph (B).CommentsClose CommentsPermalink

SEC. 103. QUALIFIED ROTH CONTRIBUTION PROGRAM.

(a) In General- Subchapter III of chapter 84 of title 5, United States Code, is amended by inserting after section 8432c the following:CommentsClose CommentsPermalink

‘Sec. 8432d. Qualified Roth contribution program

‘(a) Definitions- For purposes of this section--CommentsClose CommentsPermalink





‘(1) the term ‘qualified Roth contribution program’ means a program described in paragraph (1) of section 402A(b) of the Internal Revenue Code of 1986 which meets the requirements of paragraph (2) of such section; andCommentsClose CommentsPermalink





‘(2) the terms ‘designated Roth contribution’ and ‘elective deferral’ have the meanings given such terms in section 402A of the Internal Revenue Code of 1986.CommentsClose CommentsPermalink





‘(b) Authority To Establish- The Board shall by regulation provide for the inclusion in the Thrift Savings Plan of a qualified Roth contribution program, under such terms and conditions as the Board may prescribe.CommentsClose CommentsPermalink





‘(c) Required Provisions- The regulations under subsection (b) shall include--CommentsClose CommentsPermalink





‘(1) provisions under which an election to make designated Roth contributions may be made--CommentsClose CommentsPermalink





‘(A) by any individual who is eligible to make contributions under section 8351, 8432(a), 8440a, 8440b, 8440c, 8440d, or 8440e; andCommentsClose CommentsPermalink





‘(B) by any individual, not described in subparagraph (A), who is otherwise eligible to make elective deferrals under the Thrift Savings Plan;CommentsClose CommentsPermalink





‘(2) any provisions which may, as a result of enactment of this section, be necessary in order to clarify the meaning of any reference to an ‘account’ made in section 8432(f), 8433, 8434(d), 8435, 8437, or any other provision of law; andCommentsClose CommentsPermalink





‘(3) any other provisions which may be necessary to carry out this section.’.CommentsClose CommentsPermalink





(b) Clerical Amendment- The analysis for chapter 84 of title 5, United States Code, is amended by inserting after the item relating to section 8432c the following:CommentsClose CommentsPermalink





‘8432d. Qualified Roth contribution program.’.CommentsClose CommentsPermalink

SEC. 104. AUTHORITY TO ESTABLISH SELF-DIRECTED INVESTMENT WINDOW.

(a) In General- Section 8438(b)(1) of title 5, United States Code, is amended--CommentsClose CommentsPermalink





(1) in subparagraph (D), by striking ‘and’ at the end;CommentsClose CommentsPermalink





(2) in subparagraph (E), by striking the period and inserting ‘; and’; andCommentsClose CommentsPermalink





(3) by adding after subparagraph (E) the following:CommentsClose CommentsPermalink





‘(F) a self-directed investment window, if the Board authorizes such window under paragraph (5).’.CommentsClose CommentsPermalink





(b) Requirements- Section 8438(b) of title 5, United States Code, is amended by adding at the end the following:CommentsClose CommentsPermalink





‘(5)(A) The Board may authorize the addition of a self-directed investment window under the Thrift Savings Plan if the Board determines that such addition would be in the best interests of participants.CommentsClose CommentsPermalink





‘(B) The self-directed investment window shall be limited to--CommentsClose CommentsPermalink





‘(i) low-cost, passively-managed index funds that offer diversification benefits; andCommentsClose CommentsPermalink





‘(ii) other investment options, if the Board determines the options to be appropriate retirement investment vehicles for participants.CommentsClose CommentsPermalink





‘(C) The Board shall ensure that any administrative expenses related to use of the self-directed investment window are borne solely by the participants who use such window.CommentsClose CommentsPermalink





‘(D) The Board may establish such other terms and conditions for the self-directed investment window as the Board considers appropriate to protect the interests of participants, including requirements relating to risk disclosure.CommentsClose CommentsPermalink





‘(E) The Board shall consult with the Employee Thrift Advisory Council (established under section 8473) before establishing any self-directed investment window.’.CommentsClose CommentsPermalink

SEC. 105. REPORTING REQUIREMENTS.

(a) Annual Report- The Board shall, not later than June 30 of each year, submit to Congress an annual report on the operations of the Thrift Savings Plan. Such report shall include, for the prior calendar year, information on the number of participants as of the last day of such prior calendar year, the median balance in participants’ accounts as of such last day, demographic information on participants, the percentage allocation of amounts among investment funds or options, the status of the development and implementation of the self-directed investment window, the diversity demographics of any company, investment adviser, or other entity retained to invest and manage the assets of the Thrift Savings Fund, and such other information as the Board considers appropriate. A copy of each annual report under this subsection shall be made available to the public through an Internet website.CommentsClose CommentsPermalink





(b) Reporting of Fees and Other Information-CommentsClose CommentsPermalink





(1) IN GENERAL- The Board shall include in the periodic statements provided to participants under section 8439(c) of title 5, United States Code, the amount of the investment management fees, administrative expenses, and any other fees or expenses paid with respect to each investment fund and option under the Thrift Savings Plan. Any such statement shall also provide a statement notifying participants as to how they may access the annual report described in subsection (a), as well as any other information concerning the Thrift Savings Plan that might be useful.CommentsClose CommentsPermalink





(2) USE OF ESTIMATES- For purposes of providing the information required under this subsection, the Executive Director may provide a reasonable and representative estimate of any fees or expenses described in paragraph (1) and shall indicate any such estimate as being such an estimate. Any such estimate shall be based on the previous year’s experience.CommentsClose CommentsPermalink





(c) Definitions- For purposes of this section--CommentsClose CommentsPermalink





(1) the term ‘Board’ has the meaning given such term by 8401(5) of title 5, United States Code;CommentsClose CommentsPermalink





(2) the term ‘participant’ has the meaning given such term by section 8471(3) of title 5, United States Code; andCommentsClose CommentsPermalink





(3) the term ‘account’ means an account established under section 8439 of title 5, United States Code.CommentsClose CommentsPermalink

SEC. 106. ACKNOWLEDGEMENT OF RISK.

(a) In General- Section 8439(d) of title 5, United States Code, is amended--CommentsClose CommentsPermalink





(1) by striking the matter after ‘who elects to invest in’ and before ‘shall sign an acknowledgement’ and inserting ‘any investment fund or option under this chapter, other than the Government Securities Investment Fund,’; andCommentsClose CommentsPermalink





(2) by striking ‘either such Fund’ and inserting ‘any such fund or option’.CommentsClose CommentsPermalink





(b) Coordination With Provisions Relating to Fiduciary Responsibilities, Liabilities, and Penalties- Section 8477(e)(1)(C) of title 5, United States Code, is amended--CommentsClose CommentsPermalink





(1) by redesignating subparagraph (C) as subparagraph (C)(i); andCommentsClose CommentsPermalink





(2) by adding at the end the following:CommentsClose CommentsPermalink





‘(ii) A fiduciary shall not be liable under subparagraph (A), and no civil action may be brought against a fiduciary--CommentsClose CommentsPermalink





‘(I) for providing for the automatic enrollment of a participant in accordance with section 8432(b)(2)(A);CommentsClose CommentsPermalink





‘(II) for enrolling a participant in a default investment fund in accordance with section 8438(c)(2); orCommentsClose CommentsPermalink





‘(III) for allowing a participant to invest through the self-directed investment window or for establishing restrictions applicable to participants’ ability to invest through the self-directed investment window.’.CommentsClose CommentsPermalink

Subtitle B--Other Retirement-Related ProvisionsCommentsClose CommentsPermalink

SEC. 111. CREDIT FOR UNUSED SICK LEAVE.

(a) In General- Section 8415 of title 5, United States Code, is amended--CommentsClose CommentsPermalink





(1) by redesignating the second subsection (k) and subsection (l) as subsections (l) and (m), respectively; andCommentsClose CommentsPermalink





(2) in subsection (l) (as so redesignated by paragraph (1))--CommentsClose CommentsPermalink





(A) by striking ‘(l) In computing’ and inserting ‘(l)(1) In computing’; andCommentsClose CommentsPermalink





(B) by adding at the end the following:CommentsClose CommentsPermalink





‘(2) Except as provided in paragraph (1), in computing an annuity under this subchapter, the total service of an employee who retires on an immediate annuity or who dies leaving a survivor or survivors entitled to annuity includes the days of unused sick leave to his credit under a formal leave system, except that these days will not be counted in determining average pay or annuity eligibility under this subchapter. For purposes of this subsection, in the case of any such employee who is excepted from subchapter I of chapter 63 under section 6301(2)(x)-(xiii), the days of unused sick leave to his credit include any unused sick leave standing to his credit when he was excepted from such subchapter.’.CommentsClose CommentsPermalink





(b) Exception From Deposit Requirement- Section 8422(d)(2) of title 5, United States Code, is amended by striking ‘section 8415(k)’ and inserting ‘paragraph (1) or (2) of section 8415(l)’.CommentsClose CommentsPermalink





(c) Effective Date- The amendments made by this section shall apply with respect to annuities computed based on separations occurring on or after the date of enactment of this Act.CommentsClose CommentsPermalink

SEC. 112. EXEMPTION OF CERTAIN CSRS REPAYMENTS FROM THE REQUIREMENT THAT THEY BE MADE WITH INTEREST.

(a) In General- Section 8334(d)(1) of title 5, United States Code, is amended--CommentsClose CommentsPermalink





(1) by striking ‘(d)(1)’ and inserting ‘(d)(1)(A)’; andCommentsClose CommentsPermalink





(2) by adding at the end the following:CommentsClose CommentsPermalink





‘(B) No interest under subparagraph (A) shall be required in the case of any deposit to the extent that it represents the amount of any refund that was made to an employee or Member during the period beginning on October 1, 1990, and ending on February 28, 1991.’.CommentsClose CommentsPermalink





(b) Applicability- The amendments made by subsection (a) shall be effective with respect to any annuity, entitlement to which is based on a separation from service occurring on or after the date of enactment of this Act.CommentsClose CommentsPermalink

SEC. 113. COMPUTATION OF CERTAIN ANNUITIES BASED ON PART-TIME SERVICE.

(a) In General- Section 8339(p) of title 5, United States Code, is amended by adding at the end the following:CommentsClose CommentsPermalink





‘(3) In the administration of paragraph (1)--CommentsClose CommentsPermalink





‘(A) subparagraph (A) of such paragraph shall apply with respect to service performed before, on, or after April 7, 1986; andCommentsClose CommentsPermalink





‘(B) subparagraph (B) of such paragraph--CommentsClose CommentsPermalink





‘(i) shall apply with respect to that portion of any annuity which is attributable to service performed on or after April 7, 1986; andCommentsClose CommentsPermalink





‘(ii) shall not apply with respect to that portion of any annuity which is attributable to service performed before April 7, 1986.’.CommentsClose CommentsPermalink





(b) Applicability- The amendment made by subsection (a) shall be effective with respect to any annuity, entitlement to which is based on a separation from service occurring on or after the date of enactment of this Act.CommentsClose CommentsPermalink

SEC. 114. TREATMENT OF MEMBERS OF THE UNIFORMED SERVICES UNDER THE THRIFT SAVINGS PLAN.

(a) Sense of Congress- It is the sense of Congress that--CommentsClose CommentsPermalink





(1) members of the uniformed services should have a retirement system that is at least as generous as the one which is available to Federal civilian employees; andCommentsClose CommentsPermalink





(2) Federal civilian employees receive matching contributions from their employing agencies for their contributions to the Thrift Savings Fund, but the costs of requiring such a matching contribution from the Department of Defense could be significant.CommentsClose CommentsPermalink





(b) Reporting Requirement- Not later than 180 days after the date of the enactment of this Act, the Secretary of Defense shall report to Congress on--CommentsClose CommentsPermalink





(1) the cost to the Department of Defense of providing a matching payment with respect to contributions made to the Thrift Savings Fund by members of the Armed Forces;CommentsClose CommentsPermalink





(2) the effect that requiring such a matching payment would have on recruitment and retention; andCommentsClose CommentsPermalink





(3) any other information that the Secretary of Defense considers appropriate.CommentsClose CommentsPermalink

SEC. 115. AUTHORITY TO DEPOSIT REFUNDS UNDER FERS.

(a) Deposit Authority- Section 8422 of title 5, United States Code, is amended by adding at the end the following:CommentsClose CommentsPermalink





‘(i)(1) Each employee or Member who has received a refund of retirement deductions under this or any other retirement system established for employees of the Government covering service for which such employee or Member may be allowed credit under this chapter may deposit the amount received, with interest. Credit may not be allowed for the service covered by the refund until the deposit is made.CommentsClose CommentsPermalink





‘(2) Interest under this subsection shall be computed in accordance with paragraphs (2) and (3) of section 8334(e) and regulations prescribed by the Office. The option under the third sentence of section 8334(e)(2) to make a deposit in one or more installments shall apply to deposits under this subsection.CommentsClose CommentsPermalink





‘(3) For the purpose of survivor annuities, deposits authorized by this subsection may also be made by a survivor of an employee or Member.’.CommentsClose CommentsPermalink





(b) Technical and Conforming Amendments-CommentsClose CommentsPermalink





(1) DEFINITIONAL AMENDMENT- Section 8401(19)(C) of title 5, United States Code, is amended by striking ‘8411(f);’ and inserting ‘8411(f) or 8422(i);’.CommentsClose CommentsPermalink





(2) CREDITING OF DEPOSITS- Section 8422(c) of title 5, United States Code, is amended by adding at the end the following: ‘Deposits made by an employee, Member, or survivor also shall be credited to the Fund.’.CommentsClose CommentsPermalink





(3) SECTION HEADING- (A) The heading for section 8422 of title 5, United States Code, is amended to read as follows:CommentsClose CommentsPermalink

‘Sec. 8422. Deductions from pay; contributions for other service; deposits’.

(B) The analysis for chapter 84 of title 5, United States Code, is amended by striking the item relating to section 8422 and inserting the following:CommentsClose CommentsPermalink





‘8422. Deductions from pay; contributions for other service; deposits.’.CommentsClose CommentsPermalink





(4) RESTORATION OF ANNUITY RIGHTS- The last sentence of section 8424(a) of title 5, United States Code, is amended by striking ‘based.’ and inserting ‘based, until the employee or Member is reemployed in the service subject to this chapter.’.CommentsClose CommentsPermalink

SEC. 116. RETIREMENT CREDIT FOR SERVICE OF CERTAIN EMPLOYEES TRANSFERRED FROM DISTRICT OF COLUMBIA SERVICE TO FEDERAL SERVICE.

(a) Retirement Credit-CommentsClose CommentsPermalink





(1) IN GENERAL- Any individual who is treated as an employee of the Federal Government for purposes of chapter 83 or chapter 84 of title 5, United States Code, on or after the date of enactment of this Act who performed qualifying District of Columbia service shall be entitled to have such service included in calculating the individual’s creditable service under sections 8332 or 8411 of title 5, United States Code, but only for purposes of the following provisions of such title:CommentsClose CommentsPermalink





(A) Sections 8333 and 8410 (relating to eligibility for annuity).CommentsClose CommentsPermalink





(B) Sections 8336 (other than subsections (d), (h), and (p) thereof) and 8412 (relating to immediate retirement).CommentsClose CommentsPermalink





(C) Sections 8338 and 8413 (relating to deferred retirement).CommentsClose CommentsPermalink





(D) Sections 8336(d), 8336(h), 8336(p), and 8414 (relating to early retirement).CommentsClose CommentsPermalink





(E) Section 8341 and subchapter IV of chapter 84 (relating to survivor annuities).CommentsClose CommentsPermalink





(F) Section 8337 and subchapter V of chapter 84 (relating to disability benefits).CommentsClose CommentsPermalink





(2) TREATMENT OF DETENTION OFFICER SERVICE AS LAW ENFORCEMENT OFFICER SERVICE- Any portion of an individual’s qualifying District of Columbia service which consisted of service as a detention officer under section 2604(2) of the District of Columbia Government Comprehensive Merit Personnel Act of 1978 (sec. 1-626.04(2), D.C. Official Code) shall be treated as service as a law enforcement officer under sections 8331(20) or 8401(17) of title 5, United States Code, for purposes of applying paragraph (1) with respect to the individual.CommentsClose CommentsPermalink





(3) SERVICE NOT INCLUDED IN COMPUTING AMOUNT OF ANY ANNUITY- Qualifying District of Columbia service shall not be taken into account for purposes of computing the amount of any benefit payable out of the Civil Service Retirement and Disability Fund.CommentsClose CommentsPermalink





(b) Qualifying District of Columbia Service Defined- In this section, ‘qualifying District of Columbia service’ means any of the following:CommentsClose CommentsPermalink





(1) Service performed by an individual as a nonjudicial employee of the District of Columbia courts--CommentsClose CommentsPermalink





(A) which was performed prior to the effective date of the amendments made by section 11246(b) of the Balanced Budget Act of 1997; andCommentsClose CommentsPermalink





(B) for which the individual did not ever receive credit under the provisions of subchapter III of chapter 83 or chapter 84 of title 5, United States Code (other than by virtue of section 8331(1)(iv) of such title).CommentsClose CommentsPermalink





(2) Service performed by an individual as an employee of an entity of the District of Columbia government whose functions were transferred to the Pretrial Services, Parole, Adult Supervision, and Offender Supervision Trustee under section 11232 of the Balanced Budget Act of 1997--CommentsClose CommentsPermalink





(A) which was performed prior to the effective date of the individual’s coverage as an employee of the Federal Government under section 11232(f) of such Act; andCommentsClose CommentsPermalink





(B) for which the individual did not ever receive credit under the provisions of subchapter III of chapter 83 or chapter 84 of title 5, United States Code (other than by virtue of section 8331(1)(iv) of such title).CommentsClose CommentsPermalink





(3) Service performed by an individual as an employee of the District of Columbia Public Defender Service--CommentsClose CommentsPermalink





(A) which was performed prior to the effective date of the amendments made by section 7(e) of the District of Columbia Courts and Justice Technical Corrections Act of 1998; andCommentsClose CommentsPermalink





(B) for which the individual did not ever receive credit under the provisions of subchapter III of chapter 83 or chapter 84 of title 5, United States Code (other than by virtue of section 8331(1)(iv) of such title).CommentsClose CommentsPermalink





(4) In the case of an individual who was an employee of the District of Columbia Department of Corrections who was separated from service as a result of the closing of the Lorton Correctional Complex and who was appointed to a position with the Bureau of Prisons, the District of Columbia courts, the Pretrial Services, Parole, Adult Supervision, and Offender Supervision Trustee, the United States Parole Commission, or the District of Columbia Public Defender Service, service performed by the individual as an employee of the District of Columbia Department of Corrections--CommentsClose CommentsPermalink





(A) which was performed prior to the effective date of the individual’s coverage as an employee of the Federal Government; andCommentsClose CommentsPermalink





(B) for which the individual did not ever receive credit under the provisions of subchapter III of chapter 83 or chapter 84 of title 5, United States Code (other than by virtue of section 8331(1)(iv) of such title).CommentsClose CommentsPermalink





(c) Certification of Service- The Office of Personnel Management shall accept the certification of the appropriate personnel official of the government of the District of Columbia or other independent employing entity concerning whether an individual performed qualifying District of Columbia service and the length of the period of such service the individual performed.CommentsClose CommentsPermalink

TITLE II--SPECIAL SURVIVOR INDEMNITY ALLOWANCE FOR SURVIVING SPOUSES OF ARMED FORCES MEMBERSCommentsClose CommentsPermalink

SEC. 201. INCREASE IN MONTHLY AMOUNT OF SPECIAL SURVIVOR INDEMNITY ALLOWANCE FOR WIDOWS AND WIDOWERS OF DECEASED MEMBERS OF THE ARMED FORCES AFFECTED BY REQUIRED SURVIVOR BENEFIT PLAN ANNUITY OFFSET FOR DEPENDENCY AND INDEMNITY COMPENSATION.

Section 1450(m)(2) of title 10, United States Code, is amended--CommentsClose CommentsPermalink





(1) in subparagraph (B), by striking ‘$60’ and inserting ‘$95’;CommentsClose CommentsPermalink





(2) in subparagraph (C), by striking ‘$70’ and inserting ‘$105’;CommentsClose CommentsPermalink





(3) in subparagraph (D), by striking ‘$80’ and inserting ‘$120’;CommentsClose CommentsPermalink





(4) in subparagraph (E), by striking ‘$90; and’ and inserting ‘$130;’ andCommentsClose CommentsPermalink





(5) by striking subparagraph (F) and inserting the following new subparagraphs:CommentsClose CommentsPermalink





‘(F) for months during fiscal year 2014, $330;CommentsClose CommentsPermalink





‘(G) for months during fiscal year 2015, $335; andCommentsClose CommentsPermalink





‘(H) for months during fiscal year 2016 ending before the termination date specified in paragraph (6), $345.’.CommentsClose CommentsPermalink