HR 423 IHCommentsClose CommentsPermalink

113th CONGRESSCommentsClose CommentsPermalink

1st SessionCommentsClose CommentsPermalink

H. R. 423CommentsClose CommentsPermalink

To amend title 5, United States Code, to provide for the termination of further retirement benefits for Members of Congress, except the right to continue participating in the Thrift Savings Plan, and for other purposes.CommentsClose CommentsPermalink

IN THE HOUSE OF REPRESENTATIVESCommentsClose CommentsPermalink

January 25, 2013CommentsClose CommentsPermalink

Mr. COFFMAN (for himself, Mr. POLIS, Mr. SCHWEIKERT, Mr. FLEMING, Ms. FOXX, and Mr. CICILLINE) introduced the following bill; which was referred to the Committee on House Administration, and in addition to the Committee on Oversight and Government Reform, 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

A BILLCommentsClose CommentsPermalink

To amend title 5, United States Code, to provide for the termination of further retirement benefits for Members of Congress, except the right to continue participating in the Thrift Savings Plan, 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. AMENDMENTS RELATING TO THE CIVIL SERVICE RETIREMENT SYSTEM.

(a) In General- Subchapter III of chapter 83 of title 5, United States Code, is amended by inserting after section 8335 the following:CommentsClose CommentsPermalink

‘Sec. 8335a. Termination of further retirement coverage of Members of Congress

‘(a) In General- Notwithstanding any other provision of this subchapter, effective as of the date of enactment of this section--CommentsClose CommentsPermalink





‘(1) a Member shall not be subject to this subchapter for any further period of time; andCommentsClose CommentsPermalink





‘(2) no further Government contributions or deductions from basic pay may be made with respect to such Member for deposit in the Treasury of the United States to the credit of the Fund.CommentsClose CommentsPermalink





‘(b) Prior Rights Not Affected- Nothing in subsection (a) shall be considered to nullify, modify, or otherwise affect any right, entitlement, or benefit under this subchapter with respect to any Member covering any period prior to the date of enactment of this section.CommentsClose CommentsPermalink





‘(c) Right To Participate in Thrift Savings Plan Not Affected- Nothing in subsection (a) shall affect the eligibility of a Member to participate in the Thrift Savings Plan in accordance with otherwise applicable provisions of law.CommentsClose CommentsPermalink





‘(d) Regulations-CommentsClose CommentsPermalink





‘(1) IN GENERAL- Any regulations necessary to carry out this section may--CommentsClose CommentsPermalink





‘(A) except with respect to matters under subparagraph (B), be prescribed by the Director of the Office of Personnel Management; andCommentsClose CommentsPermalink





‘(B) with respect to matters relating to the Thrift Savings Plan, be prescribed by the Executive Director (as defined by section 8401(13)).CommentsClose CommentsPermalink





‘(2) REFUNDS- The regulations under paragraph (1)(A) shall, in the case of any Member described in subsection (a), provide that the lump-sum credit shall be payable to such Member to the same extent and in the same manner as if such Member satisfied paragraphs (1), (3), and (4) of section 8342(a) as of the date of enactment of this section.CommentsClose CommentsPermalink





‘(e) Exclusion- For purposes of this section, the term ‘Member’ does not include the Vice President.’.CommentsClose CommentsPermalink





(b) Clerical Amendment- The table of sections at the beginning of chapter 83 of title 5, United States Code, is amended by inserting after the item relating to section 8335 the following:CommentsClose CommentsPermalink





‘8335a. Termination of further retirement coverage of Members of Congress.’.CommentsClose CommentsPermalink

SEC. 2. AMENDMENTS RELATING TO THE FEDERAL EMPLOYEES’ RETIREMENT SYSTEM.

(a) In General- Subchapter II of chapter 84 of title 5, United States Code, is amended by inserting after section 8425 the following:CommentsClose CommentsPermalink

‘Sec. 8425a. Termination of further retirement coverage of Members of Congress

‘(a) In General- Notwithstanding any other provision of this chapter, effective as of the date of enactment of this section--CommentsClose CommentsPermalink





‘(1) in the case of an individual who first becomes a Member before such date of enactment--CommentsClose CommentsPermalink





‘(A) such Member shall not be subject to this chapter for any further period of time after such date of enactment; andCommentsClose CommentsPermalink





‘(B) no further Government contributions or deductions from basic pay may be made with respect to such Member for deposit in the Treasury of the United States to the credit of the Fund; andCommentsClose CommentsPermalink





‘(2) in the case of an individual who first becomes a Member on or after such date of enactment--CommentsClose CommentsPermalink





‘(A) such Member shall not be subject to this chapter; andCommentsClose CommentsPermalink





‘(B) no Government contributions or deductions from basic pay may be made with respect to such Member for deposit in the Treasury of the United States to the credit of the Civil Service Retirement and Disability Fund.CommentsClose CommentsPermalink





‘(b) Prior Rights Not Affected- Nothing in subsection (a) shall be considered to nullify, modify, or otherwise affect any right, entitlement, or benefit under this chapter with respect to any Member covering any period prior to the date of enactment of this section.CommentsClose CommentsPermalink





‘(c) Right To Participate in Thrift Savings Plan Not Affected- Nothing in subsection (a) shall affect the eligibility of a Member to participate in the Thrift Savings Plan in accordance with otherwise applicable provisions of law.CommentsClose CommentsPermalink





‘(d) Regulations-CommentsClose CommentsPermalink





‘(1) IN GENERAL- Any regulations necessary to carry out this section may--CommentsClose CommentsPermalink





‘(A) except with respect to matters under subparagraph (B), be prescribed by the Director of the Office of Personnel Management; andCommentsClose CommentsPermalink





‘(B) with respect to matters relating to the Thrift Savings Plan, be prescribed by the Executive Director (as defined by section 8401(13)).CommentsClose CommentsPermalink





‘(2) REFUNDS- The regulations under paragraph (1)(A) shall, in the case of a Member described in subsection (a)(1), provide that the lump-sum credit shall be payable to such Member to the same extent and in the same manner as if such Member satisfied paragraphs (1), (3), and (4) of section 8424(a) as of the date of enactment of this section.CommentsClose CommentsPermalink





‘(e) Exclusion- For purposes of this section, the term ‘Member’ does not include the Vice President.’.CommentsClose CommentsPermalink





(b) Clerical Amendment- The table of sections at the beginning of chapter 84 of title 5, United States Code, is amended by inserting after the item relating to section 8425 the following:CommentsClose CommentsPermalink





‘8425a. Termination of further retirement coverage of Members of Congress.’.CommentsClose CommentsPermalink