A bill to provide that the Secretary of the Senate and the Clerk of the House of Representatives shall include an estimate of Federal retirement benefits for each Member of Congress in their semiannual reports, and for other purposes.

Amends the Legislative Branch Appropriations Act, 1965 to direct the Secretary of the Senate and the Clerk of the House of Representatives to include in each semiannual report of expenditures: (1) the total amount of individual contributions made by each Member of Congress to the Civil Service Retirement and Disability Fund and the Thrift Savings Fund for all Federal service performed as a Member and a Federal employee; (2) an estimate of the annuity each Member would be entitled to receive based on the earliest possible date for receipt of annuity payments by reason of retirement beginning after the expiration of the Member's term of office; and (3) any other information necessary to enable the public to compute the Federal retirement benefits of each Member based on various assumptions of years of service and age of separation from service by reason of retirement.

[Congressional Bills 106th Congress]
[From the U.S. Government Printing Office]
[S. 102 Introduced in Senate (IS)]







106th CONGRESS
  1st Session
                                 S. 102

To provide that the Secretary of the Senate and the Clerk of the House 
  of Representatives shall include an estimate of Federal retirement 
 benefits for each Member of Congress in their semiannual reports, and 
                          for other purposes.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                            January 19, 1999

  Mr. Abraham introduced the following bill; which was read twice and 
           referred to the Committee on Governmental Affairs

_______________________________________________________________________

                                 A BILL


 
To provide that the Secretary of the Senate and the Clerk of the House 
  of Representatives shall include an estimate of Federal retirement 
 benefits for each Member of Congress in their semiannual reports, and 
                          for other purposes.

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

SECTION 1. DISCLOSURE OF ESTIMATES OF FEDERAL RETIREMENT BENEFITS OF 
              MEMBERS OF CONGRESS.

    (a) In General.--Section 105(a) of the Legislative Branch 
Appropriations Act, 1965 (2 U.S.C. 104a; Public Law 88-454; 78 Stat. 
550) is amended by adding at the end the following new paragraph:
    ``(4) The Secretary of the Senate and the Clerk of the House of 
Representatives shall include in each semiannual report submitted under 
paragraph (1), with respect to Members of Congress, as applicable--
            ``(A) the total amount of individual contributions made by 
        each Member to the Civil Service Retirement and Disability Fund 
        and the Thrift Savings Fund under chapters 83 and 84 of title 
        5, United States Code, for all Federal service performed by the 
        Member as a Member of Congress and as a Federal employee;
            ``(B) an estimate of the annuity each Member would be 
        entitled to receive under chapters 83 and 84 of such title 
        based on the earliest possible date to receive annuity payments 
        by reason of retirement (other than disability retirement) 
        which begins after the date of expiration of the term of office 
        such Member is serving; and
            ``(C) any other information necessary to enable the public 
        to accurately compute the Federal retirement benefits of each 
        Member based on various assumptions of years of service and age 
        of separation from service by reason of retirement.''.
    (b) Effective Date.--This section shall take effect 1 year after 
the date of the enactment of this Act.
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