Federal Retirement Fairness Act

Bill: 115-hr-5389
Sponsor: full_name: Rep. Kilmer, Derek [D-WA-6]
Introduced: 2018-03-22
Policy area: Government Operations and Politics
Subjects: Employee benefits and pensions

Government employee pay, benefits, personnel management

Temporary and part-time employment
Latest action: action_date: 2018-03-22
text: Referred to the House Committee on Oversight and Government Reform.

Summaries:
action_date: 2018-03-22
action_desc: Introduced in House
text: <p><b>Federal Retirement Fairness Act</b></p> <p>This bill modifies the federal civilian service that is creditable service under the Federal Employees Retirement System (FERS). </p> <p>Specifically, it allows service as a temporary or intermittent employee performed after December 1, 1988, to be creditable under FERS if an employee or Member deposits a certain amount into the retirement fund. </p>

tv_txt: I 115th CONGRESS 2d Session H. R. 5389 IN THE HOUSE OF REPRESENTATIVES March 22, 2018 Mr. Kilmer (for himself, Mr. Jones , and Mr. Carbajal ) introduced the following bill; which was referred to the Committee on Oversight and Government Reform A BILL To amend title 5, United States Code, to provide that civilian service as a temporary employee after December 31, 1988, may be creditable service under the Federal Employees Retirement System, and for other purposes.

1. Short title This Act may be cited as the Federal Retirement Fairness Act . 2. Creditable service for temporary employees serving after 1988 (a) In general Section 8411 of title 5, United States Code, is amended— (1) in subsection (b)— (A) by striking and at the end of paragraph (5); (B) by striking the period at the end of paragraph (6) and inserting ; and ; and (C) by adding at the end the following new paragraph: (7) subject to subsection (m), service as a temporary or intermittent employee, not otherwise creditable for purposes of this chapter, performed after December 31, 1988. ; and (2) by adding at the end the following new subsection: (m) (1) Upon application to the Office of Personnel Management, an employee or Member shall be allowed credit for any service described in subsection (b)(7) if such employee or Member deposits to the credit of the Fund an amount equal to— (A) 1.3 percent of the base pay for such service, with interest; plus (B) the applicable Government contribution, as determined by the Director. (2) Interest shall be computed in the manner described in subsection (f)(3). . (b) Requirements (1) Limitation on eligibility An individual who is not an employee or Member (as those terms are defined in paragraphs (11) and (20), respectively, of section 8401 of title 5, United States Code) on the date of enactment of this Act is not eligible to make any deposit under subsection (m) of section 8411 of such title (as added by subsection (a)). (2) Notification The Director of the Office of Personnel Management shall notify agency Chief Human Capital Officers or other appropriate agency officials for purposes of providing notice to eligible employees and Members of the option to make a deposit under such subsection (m). (c) Regulations The Director of the Office of Personnel Management shall promulgate regulations to carry out this Act and the amendments made by this Act.