Requires Members of Congress to complete at least 12 years of creditable service in order to be vested in an annuity under the Federal Employees' Retirement System (FERS).
[Congressional Bills 113th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2357 Introduced in House (IH)]
113th CONGRESS
1st Session
H. R. 2357
To amend title 5, United States Code, to provide that Members must
complete 12 years of creditable service in order to be vested in an
annuity under the Federal Employees' Retirement System, and for other
purposes.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
June 13, 2013
Mr. Coble 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 concerned
_______________________________________________________________________
A BILL
To amend title 5, United States Code, to provide that Members must
complete 12 years of creditable service in order to be vested in an
annuity under the Federal Employees' Retirement System, 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. AMENDMENT TO FERS ANNUITY FOR MEMBERS OF CONGRESS.
(a) In General.--Section 8410 of title 5, United States Code, is
amended by striking ``or Member'' and inserting after ``8411'' the
following: ``, and a Member must complete at least 12 years of such
service creditable under such section,''.
(b) Immediate Retirement.--Section 8412 of such title is amended--
(1) in subsection (c), by striking ``or Member'' and by
adding at the end the following: ``A Member who is separated
from the service after becoming 62 years of age and completing
12 years of service is entitled to an annuity.''; and
(2) in subsection (g), by striking ``or Member'' each place
it appears.
(c) Deferred Retirement.--Section 8413 of such title is amended--
(1) in subsection (a), by striking ``or Member'' each place
it appears and by adding at the end the following: ``A Member
who is separated from the service, or transferred to a position
in which the Member does not continue subject to this chapter,
after completing 12 years of service is entitled to an annuity
beginning at the age of 62 years.''; and
(2) in subsection (b), by striking ``or Member'' each place
it appears.
(d) Computation of Annuity.--Section 8415 of such title is
amended--
(1) in subsection (b), by striking ``5 years'' and
inserting ``12 years''; and
(2) in subsection (c), by striking ``or Member'' and
inserting the following: ``, or 12 years of service as a
Member,''.
SEC. 2. APPLICATION AND EFFECTIVE DATE.
(a) In General.--The amendments made by section 1 shall take effect
on the first day of the 114th Congress, but shall not apply to an
individual who served as a Member at any time before such first day.
(b) Definition.--For purposes of this section, the term ``Member''
has the meaning given such term in section 8401(20) of title 5, United
States Code.
<all>
Introduced in House
Introduced in House
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 concerned.
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 concerned.
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