Federal Employee Pension Fairness Act of 2017

To repeal the revised annuity employee and further revised annuity employee categories within the Federal Employees Retirement System, and for other purposes. 1. Short title This Act may be cited as the Federal Employee Pension Fairness Act of 2017 2. Repeal of FERS revised and further revised annuitant categories (a) Repeal of annuity computation Section 8415 of title 5, United States Code, is amended by striking subsection (d). (b) Repeal of annuitant categories Section 8422(a)(3) of title 5, United States Code, is amended— (1) by striking other than revised annuity employees or further revised annuity employees (2) by striking subparagraphs (B) and (C). (c) Repeal of Government contributions Section 8423(a) of title 5, United States Code, is amended by striking paragraph (2) and inserting the following: (2) In determining any normal-cost percentage to be applied under this subsection, amounts provided for under section 8422 shall be taken into account. . (d) Conforming amendments Section 8401 of title 5, United States Code, is amended— (1) in paragraph (35)(B), by striking the semi-colon at the end and inserting ; and (2) in paragraph (36), by striking ; and (3) by striking paragraphs (37) and (38). (e) Application (1) In general The amendments made by this section shall apply on the first day of the first pay period beginning after the date of enactment of this Act. (2) Treatment of former revised or further revised annuitants Any individual who, as of the date of enactment of this Act, was a revised annuity employee or a further revised annuity employee (but for the amendments made by this section) shall be deemed to be an employee or Member (as those terms are defined in section 8401 of title 5, United States Code) for purposes of chapter 84 of such title. 3. Repeal of Foreign Service revised or further revised annuity participant categories (a) Repeal of annuitant categories Section 856(a) of the Foreign Service Act of 1980 ( 22 U.S.C. 4071e(a) (2) The applicable percentage for a participant other than a revised annuity participant or a further revised annuity participant shall be as follows: 7.5 Before January 1, 1999. 7.75 January 1, 1999, to December 31, 1999. 7.9 January 1, 2000, to December 31, 2000. 7.55 After January 11, 2003. . (b) Government contribution Section 857 of the Foreign Service Act of 1980 ( 22 U.S.C. 4071f (c) Conforming amendments Section 852 of such Act is amended ( 22 U.S.C. 4071a (1) by striking paragraphs (7) and (8); and (2) by redesignating paragraphs (9), (10), and (11) as paragraphs (7), (8), and (9), respectively. (d) Application (1) In general The amendments made by this section shall apply on the first day of the first pay period beginning after the date of enactment of this Act. (2) Treatment of former revised or further revised annuitants Any individual who, as of the date of enactment of this Act, was a revised annuity participant or a further revised annuity participant (but for the amendments made by this section) shall be deemed to be a participant (as that term is defined in section 852 of the Foreign Service Act of 1980 ( 22 U.S.C. 4071a

Summary: Federal Employee Pension Fairness Act of 2017 This bill repeals provisions requiring federal employees, including foreign service employees,&nbsp;who began service after 2012&nbsp;to pay an increased contribution (4.4%,&nbsp;up from 0.8%)&nbsp;toward funding their annuities under the Federal Employees Retirement System.