Revolving Door Pension Prevention Act

To provide that a former Member of Congress receiving compensation as a highly-paid lobbyist shall be ineligible to receive certain Federal retirement benefits, and for other purposes. 1. Short title This Act may be cited as the Revolving Door Pension Prevention Act 2. Forfeiture of benefits for any former Member of Congress who becomes a highly-paid lobbyist (a) In general Notwithstanding any other provision of law, a former Member of Congress may not be paid any covered benefit if such former Member is— (1) a registered lobbyist; and (2) receives in any year annual compensation equal to or greater than $1,000,000 as a direct result of lobbying activities. (b) Former Member of Congress For purposes of this section, the term former Member of Congress (c) Covered benefits For purposes of this section, the term covered benefits (1) The Civil Service Retirement System, including the Thrift Savings Plan. (2) The Federal Employees Retirement System, including the Thrift Savings Plan. (3) The Federal Employees Health Benefits Program, including enhanced dental benefits and enhanced vision benefits under chapters 89A and 89B, respectively, of title 5, United States Code. (d) Rules of construction Nothing in this section shall be considered to prevent the payment of— (1) any lump-sum credit, as defined by section 8331(8) or 8401(19) of title 5, United States Code, to which a former Member of Congress subject to subsection (a) is entitled; (2) any contributions in the account of a former Member of Congress subject to subsection (a) in the Thrift Savings Fund which, as of the date on which subsection (a) applies to a former Member, is nonforfeitable; or (3) any annuity payments with respect to an annuity of a former Member of Congress subject to subsection (a) to a former spouse or survivor who is entitled to such payments. (e) Application Any forfeiture of an annuity under subsection (a) shall be effective on January 1 of the year immediately following any year, beginning in 2016, in which the former Member of Congress receives annual compensation equal to or greater than $1,000,000. (f) Regulations Any regulations necessary to carry out this section may be prescribed by— (1) except as provided in paragraph (2), the Director of the Office of Personnel Management; and (2) to the extent that this Act relates to the Thrift Savings Plan, by the Executive Director (as defined by section 8401(13) of title 5, United States Code). (g) Definitions For purposes of this Act— (1) the terms agency client covered executive branch official covered legislative branch official lobbyist lobbying activities lobbying contact 2 U.S.C. 1602 (2) the term Member of Congress (3) the term registered lobbyist 2 U.S.C. 1603

Summary: Revolving Door Pension Prevention Act Prohibits any former Member of Congress who is a registered lobbyist who receives&nbsp;annual&nbsp;compensation of $1 million or more for lobbying activities from receiving&nbsp; benefits under: (1) the Civil Service Retirement System or the Federal Employees' Retirement System (including the Thrift Savings Plan); or (2) the Federal Employees Health Benefits Program (including enhanced dental or vision benefits).