District of Columbia Retirement Protection Improvement Act of 2004

Bill: 108-hr-4657
Sponsor: Rep. Davis, Tom [R-VA-11]
Introduced: 2004-06-23 in the House
Policy area: Government Operations and Politics
Subjects: Administrative remedies
Annuities
Auditing
Chief financial officers
Civil service retirement
Crime and Law Enforcement
Department of the Treasury
District of Columbia
Economics and Public Finance
Education
Elementary and secondary education
Embezzlement
Emergency Management
Evidence (Law)
Families
Fire fighters
Government paperwork
Government trust funds
Higher education
Intergovernmental fiscal relations
Investment of public funds
Judicial compensation
Labor and Employment
Larceny
Law
Law enforcement officers
Local employees
Police
Survivors' benefits
Teachers
Trusts and trustees

Summary:
action_date: 2004-06-23
text: 
District of Columbia Retirement Protection Improvement Act of 2004 - Amends the Balanced Budget Act of 1997 to establish in the Treasury the District of Columbia Teachers, Police Officers, and Firefighters Federal Pension Fund (D.C. Federal Pension Fund) consisting of transfers of all: (1) District of Columbia Federal Pension Liability Trust Fund obligations to make Federal benefit payments; and (2) assets of such Trust Fund and the Federal Supplemental District of Columbia Pension Fund.
 
Specifies the use of the Pension Fund, including but not limited to: (1) making Federal benefit payments; and (2) financing Federal obligations for future benefits. 
 
Requires the Secretary of the Treasury to make annual Federal payments into the Pension Fund from the general fund of the Treasury.
 
Provides for the administration of the Pension Fund by a Pension Fund Trustee selected by the Secretary.
 
Applies the same specified Federal law to the Pension Fund that applied to the Trust Fund before October 1, 2004.
 
Terminates the Trust Fund and the Federal Supplemental Fund upon transfer of all their assets and obligations to the D.C. Federal Pension Fund.
 
Sets forth procedures for resolving denied benefit claims with respect to the District of Columbia Judicial Retirement and Survivors Annuity Fund. Treats misappropriation of the D.C. Federal Pension Fund as a Federal crime.

action_date: 2004-09-28
text: 
District of Columbia Retirement Protection Improvement Act of 2004 - (Sec. 2) Amends the Balanced Budget Act of 1997 to establish in the Treasury the District of Columbia Teachers, Police Officers, and Firefighters Federal Pension Fund (D.C. Federal Pension Fund) consisting of transfers of all: (1) District of Columbia Federal Pension Liability Trust Fund obligations to make Federal benefit payments; and (2) assets of such Trust Fund and the Federal Supplemental District of Columbia Pension Fund.
 
Specifies the use of the D.C. Federal Pension Fund, including but not limited to: (1) making Federal benefit payments; and (2) financing Federal obligations for future benefits. 
 
Transfers as of October 1, 2004: (1) all obligations to make Federal benefit payments from the Trust Fund to the D.C. Federal Pension Fund; and (2) all assets of the Trust Fund and all assets of the Federal Supplemental Fund to the D.C. Federal Pension Fund.
 
Requires the Secretary of the Treasury to make annual Federal payments into the D.C. Federal Pension Fund from the general fund of the Treasury.
 
Provides for the administration of the D.C. Federal Pension Fund by a Pension Fund Trustee selected by the Secretary.
 
Requires the Secretary to enter into a contract with the Pension Fund Trustree to provide for the auditing of the D.C. Federal Pension Fund's assets, the making of such Federal benefit payments, and such other matters as the Secretary deems appropriate.
 
Authorizes the Pension Fund Trustee, with the Secretary's approval, to enter into one or more subcontracts with the District government or any person to provide services to the Pension Fund Trustee in connection with its performance of the contract.
 
Permits the Secretary to determine, in the interest of economy and efficiency, with respect to any function otherwise to be performed by the Pension Fund Trustee, that such function shall be performed by the Secretary.
 
Applies the same specified Federal law to the D.C. Federal Pension Fund that applied to the Trust Fund before October 1, 2004.
 
Terminates the Trust Fund and the Federal Supplemental Fund upon transfer of all their assets and obligations to the D.C. Federal Pension Fund.
 
(Sec. 3) Sets forth procedures for resolving denied benefit claims with respect to the District of Columbia Judicial Retirement and Survivors Annuity Fund.
 
Treats misappropriation of the D.C. Federal Pension Fund as a Federal crime.
 
(Sec. 4) Amends the District of Columbia Home Rule Act to provide that the Chief Financial Officer shall not administer the retirement system for police officers, fire fighters, and teachers.

action_date: 2004-12-08
text: 

(This measure has not been amended since it was passed by the House on September 28, 2004. The summary of that version is repeated here.)

 
District of Columbia Retirement Protection Improvement Act of 2004 - (Sec. 2) Amends the Balanced Budget Act of 1997 to establish in the Treasury the District of Columbia Teachers, Police Officers, and Firefighters Federal Pension Fund (D.C. Federal Pension Fund) consisting of transfers of all: (1) District of Columbia Federal Pension Liability Trust Fund obligations to make Federal benefit payments; and (2) assets of such Trust Fund and the Federal Supplemental District of Columbia Pension Fund.
 
Specifies the use of the D.C. Federal Pension Fund, including but not limited to: (1) making Federal benefit payments; and (2) financing Federal obligations for future benefits. 
 
Transfers as of October 1, 2004: (1) all obligations to make Federal benefit payments from the Trust Fund to the D.C. Federal Pension Fund; and (2) all assets of the Trust Fund and all assets of the Federal Supplemental Fund to the D.C. Federal Pension Fund.
 
Requires the Secretary of the Treasury to make annual Federal payments into the D.C. Federal Pension Fund from the general fund of the Treasury.
 
Provides for the administration of the D.C. Federal Pension Fund by a Pension Fund Trustee selected by the Secretary.
 
Requires the Secretary to enter into a contract with the Pension Fund Trustree to provide for the auditing of the D.C. Federal Pension Fund's assets, the making of such Federal benefit payments, and such other matters as the Secretary deems appropriate.
 
Authorizes the Pension Fund Trustee, with the Secretary's approval, to enter into one or more subcontracts with the District government or any person to provide services to the Pension Fund Trustee in connection with its performance of the contract.
 
Permits the Secretary to determine, in the interest of economy and efficiency, with respect to any function otherwise to be performed by the Pension Fund Trustee, that such function shall be performed by the Secretary.
 
Applies the same specified Federal law to the D.C. Federal Pension Fund that applied to the Trust Fund before October 1, 2004.
 
Terminates the Trust Fund and the Federal Supplemental Fund upon transfer of all their assets and obligations to the D.C. Federal Pension Fund.
 
(Sec. 3) Sets forth procedures for resolving denied benefit claims with respect to the District of Columbia Judicial Retirement and Survivors Annuity Fund.
 
Treats misappropriation of the D.C. Federal Pension Fund as a Federal crime.
 
(Sec. 4) Amends the District of Columbia Home Rule Act to provide that the Chief Financial Officer shall not administer the retirement system for police officers, fire fighters, and teachers.

action_date: 2004-12-23
text: 

(This measure has not been amended since it was passed by the House on September 28, 2004. The summary of that version is repeated here.)

 
District of Columbia Retirement Protection Improvement Act of 2004 - (Sec. 2) Amends the Balanced Budget Act of 1997 to establish in the Treasury the District of Columbia Teachers, Police Officers, and Firefighters Federal Pension Fund (D.C. Federal Pension Fund) consisting of transfers of all: (1) District of Columbia Federal Pension Liability Trust Fund obligations to make Federal benefit payments; and (2) assets of such Trust Fund and the Federal Supplemental District of Columbia Pension Fund.
 
Specifies the use of the D.C. Federal Pension Fund, including but not limited to: (1) making Federal benefit payments; and (2) financing Federal obligations for future benefits. 
 
Transfers as of October 1, 2004: (1) all obligations to make Federal benefit payments from the Trust Fund to the D.C. Federal Pension Fund; and (2) all assets of the Trust Fund and all assets of the Federal Supplemental Fund to the D.C. Federal Pension Fund.
 
Requires the Secretary of the Treasury to make annual Federal payments into the D.C. Federal Pension Fund from the general fund of the Treasury.
 
Provides for the administration of the D.C. Federal Pension Fund by a Pension Fund Trustee selected by the Secretary.
 
Requires the Secretary to enter into a contract with the Pension Fund Trustree to provide for the auditing of the D.C. Federal Pension Fund's assets, the making of such Federal benefit payments, and such other matters as the Secretary deems appropriate.
 
Authorizes the Pension Fund Trustee, with the Secretary's approval, to enter into one or more subcontracts with the District government or any person to provide services to the Pension Fund Trustee in connection with its performance of the contract.
 
Permits the Secretary to determine, in the interest of economy and efficiency, with respect to any function otherwise to be performed by the Pension Fund Trustee, that such function shall be performed by the Secretary.
 
Applies the same specified Federal law to the D.C. Federal Pension Fund that applied to the Trust Fund before October 1, 2004.
 
Terminates the Trust Fund and the Federal Supplemental Fund upon transfer of all their assets and obligations to the D.C. Federal Pension Fund.
 
(Sec. 3) Sets forth procedures for resolving denied benefit claims with respect to the District of Columbia Judicial Retirement and Survivors Annuity Fund.
 
Treats misappropriation of the D.C. Federal Pension Fund as a Federal crime.
 
(Sec. 4) Amends the District of Columbia Home Rule Act to provide that the Chief Financial Officer shall not administer the retirement system for police officers, fire fighters, and teachers.


Legislative actions:
action_date: 2004-12-23
text: Became Public Law No: 108-489.
action_date: 2004-12-23
text: Became Public Law No: 108-489.
action_date: 2004-12-23
text: Signed by President.
action_date: 2004-12-23
text: Signed by President.
action_date: 2004-12-16
text: Presented to President.
action_date: 2004-12-16
text: Presented to President.
action_date: 2004-12-09
text: Message on Senate action sent to the House.
action_date: 2004-12-08
text: Passed Senate without amendment by Unanimous Consent. (consideration: CR S12027-12028)
action_date: 2004-12-08
text: Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent.(consideration: CR S12027-12028)
action_date: 2004-09-29
text: Received in the Senate.
action_date: 2004-09-28
text: Motion to reconsider laid on the table Agreed to without objection.
action_date: 2004-09-28
text: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H7705-7707)
action_date: 2004-09-28
text: Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H7705-7707)
action_date: 2004-09-28
text: DEBATE - The House proceeded with forty minutes of debate on H.R. 4657.
action_date: 2004-09-28
text: Considered under suspension of the rules. (consideration: CR H7705-7708)
action_date: 2004-09-28
text: Mr. Davis, Tom moved to suspend the rules and pass the bill, as amended.
action_date: 2004-07-21
text: Ordered to be Reported by Voice Vote.
action_date: 2004-07-21
text: Committee Consideration and Mark-up Session Held.
action_date: 2004-06-23
text: Referred to the House Committee on Government Reform.
action_date: 2004-06-23
text: Introduced in House
action_date: 2004-06-23
text: Introduced in House

Enacted as: number: 108-489