A bill to amend chapter 83 of title 5, United States Code, to provide that unless individuals who are entitled to civil service retirement benefits receive their initial annuity payments promptly, such individuals shall be entitled to receive interest on the delayed payments.
Civil Service Annuity Prompt Payment Act - Requires civil service retirement annuity payments and survivor annuity payments to begin 90 days after the later of: (1) the annuity's commencement date; or (2) the date on which the Office of Personnel Management receives a completed application. Requires the payment of interest on the initial underpayment of annuity if no monthly payment is made within the 90-day period, or if one or more monthly annuity payments are made within such period but the amount of payment is deficient.
Introduced in House
Introduced in House
Referred to House Committee on Post Office and Civil Service.
Executive Comment Requested from OMB, OPM.
Referred to Subcommittee on Compensation and Employee Benefits.
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