II 

115TH CONGRESS 

1ST SESSION S. 1888 

To amend title 5, United States Code, to increase the maximum amount 

of a Voluntary Separation Incentive Payment and to include an annual 

adjustment in accordance with the Consumer Price Index. 

IN THE SENATE OF THE UNITED STATES 

SEPTEMBER 28, 2017 

Mr. LANKFORD introduced the following bill; which was read twice and 

referred to the Committee on Homeland Security and Governmental Affairs 

A BILL 

To amend title 5, United States Code, to increase the maximum amount of a Voluntary Separation Incentive Payment and to include an annual adjustment in accordance 

with the Consumer Price Index. 

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 

3 SECTION 1. SHORT TITLE. 

4 This Act may be cited as the ‘‘Voluntary Separation 

5 Incentive Payment Adjustment Act of 2017’’. 


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1 SEC. 2. VOLUNTARY SEPARATION INCENTIVE PAY IN2 CREASE. 

3 (a) IN GENERAL.—Section 3523 of title 5, United 

4 States Code, is amended— 

5 (1) in subsection (b)(3)(B), by striking 

6 ‘‘$25,000’’ and inserting ‘‘$40,000, as adjusted in 

7 accordance with subsection (c)’’; and 

8 (2) by adding at the end the following: 

9 ‘‘(c) CONSUMER PRICE INDEX ADJUSTMENT.— 

10 ‘‘(1) IN GENERAL.—On March 1 of each year, 

11 the Director of the Office of Personnel Management 

12 shall adjust the amount under subsection (b)(3)(B) 

13 by the amount determined by the Secretary of Labor 

14 to reflect the percentage increase between— 

15 ‘‘(A) the Consumer Price Index (all items; 

16 United States city average) published for De17 cember of the preceding year; and 

18 ‘‘(B) the Consumer Price Index (all items; 

19 United States city average) published for De20 cember of the year before the preceding year. 

21 ‘‘(2) ROUNDING.—In making an adjustment 

22 under paragraph (1), the Director of the Office of 

23 Personnel Management shall— 

24 ‘‘(A) round the percentage increase to the 

nearest 1 25 ⁄10 of 1 percent; and 


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1 ‘‘(B) round the amount of the adjustment 

2 to the nearest multiple of $1,000.’’. 

3 (b) DEPARTMENT OF DEFENSE.—Section 9902(f)(5) 

4 of title 5, United States Code, is amended— 

5 (1) in subparagraph (A)(ii), by striking 

6 ‘‘$25,000’’ and inserting ‘‘an amount determined by 

7 the Secretary, not to exceed $40,000, as adjusted in 

8 accordance with subparagraph (D)’’; and 

9 (2) by adding at the end the following: 

10 ‘‘(D)(i) On March 1 of each year, the Secretary of 

11 Defense shall adjust the amount under subparagraph 

12 (A)(ii) by the amount determined by the Secretary of 

13 Labor to reflect the percentage difference between— 

14 ‘‘(I) the Consumer Price Index (all items; 

15 United States city average) published for December 

16 of the preceding year; and 

17 ‘‘(II) the Consumer Price Index (all items; 

18 United States city average) published for December 

19 of the year before the preceding year. 

20 ‘‘(ii) In making an adjustment under clause (i), the 

21 Secretary of Defense shall— 

22 ‘‘(I) round the percentage increase to the nearest 1 23 ⁄10 of 1 percent; and 


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1 ‘‘(II) round the amount of the adjustment to 

2 the nearest multiple of $1,000.’’. 

Æ 


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