Title: CONTRACT Act of 2021
Policy area: Government Operations and Politics

Summary:
Continuity for Operators with Necessary Training Required for ATC Contract Towers Act of 2021 or the CONTRACT Act of 2021
This bill exempts certain air traffic controllers from a required reduction in their retirement annuity payment on account of earnings from certain work performed while entitled to such annuity.
Under current law, retired Federal Aviation Administration air traffic controllers receive an annuity payment during the period between the mandatory retirement age of 56 and the Social Security minimum age of 62. Such annuity payment is required to be reduced by a certain percentage of any excess earnings during this period.
The bill exempts from such reduction in annuity payments an air traffic controller who participates in the Air Traffic Control Contract Program (a public-private partnership for air traffic control services) following mandatory retirement.

[Congressional Bills 117th Congress]
[From the U.S. Government Publishing Office]
[S. 419 Introduced in Senate (IS)]

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117th CONGRESS
  1st Session
                                 S. 419

  To amend title 5, United States Code, to provide for a full annuity 
            supplement for certain air traffic controllers.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                           February 24, 2021

   Mr. Inhofe (for himself, Mrs. Murray, Mr. Moran, Ms. Baldwin, Mr. 
 Bennet, Mrs. Blackburn, Mr. Blumenthal, Mr. Boozman, Mr. Brown, Mrs. 
 Capito, Mr. Cardin, Mr. Cassidy, Mr. Cornyn, Mr. Cotton, Mr. Cramer, 
  Mr. Crapo, Mr. Daines, Ms. Duckworth, Ms. Ernst, Mrs. Fischer, Mr. 
   Grassley, Ms. Hassan, Mr. Hoeven, Mrs. Hyde-Smith, Mr. Kaine, Mr. 
  Kennedy, Ms. Klobuchar, Mr. Manchin, Mr. Markey, Mr. Marshall, Mr. 
 Merkley, Mr. Risch, Ms. Rosen, Mr. Rubio, Ms. Sinema, Mr. Tester, Mr. 
 Thune, Mr. Tillis, Mr. Van Hollen, Ms. Warren, Mr. Wicker, Mr. Wyden, 
 and 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 provide for a full annuity 
            supplement for certain air traffic controllers.

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

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Continuity for Operators with 
Necessary Training Required for ATC Contract Towers Act of 2021'' or 
the ``CONTRACT Act of 2021''.

SEC. 2. ANNUITY SUPPLEMENT.

    Section 8421a(c) of title 5, United States Code, is amended--
            (1) by striking ``as an air traffic'' and inserting the 
        following: ``as an--
            ``(1) air traffic'';
            (2) in paragraph (1), as so designated, by striking the 
        period at the end and inserting ``; or''; and
            (3) by adding at the end the following:
            ``(2) air traffic controller pursuant to a contract made 
        with the Secretary of Transportation under section 47124 of 
        title 49.''.
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