Correcting Miscalculations in Veterans' Pensions Act

Bill: 115-hr-4431
Sponsor: full_name: Rep. Carter, Earl L. "Buddy" [R-GA-1]
Introduced: 2017-11-16
Policy area: Government Operations and Politics
Subjects: Government employee pay, benefits, personnel management

Interest, dividends, interest rates

National and community service

Social work, volunteer service, charitable organizations

Veterans' pensions and compensation
Latest action: action_date: 2018-12-21
text: Became Public Law No: 115-352.

Summaries:
action_date: 2018-12-21
action_desc: Public Law
text: <p><strong>Correcting Miscalculations in Veterans' Pensions Act</strong></p> <p>This bill authorizes federal agencies to pay on behalf of an employee, Member, or annuitant any additional interest assessed as a result of certain administrative errors in processing annuity deposit amount. Specifically, in calculating amounts that employees with prior military service may pay into their federal retirement account, an agency may pay interest that accrues to the employee for the agency's calculation error.</p>

tv_txt: I 115th CONGRESS 1st Session H. R. 4431 IN THE HOUSE OF REPRESENTATIVES November 16, 2017 Mr. Carter of Georgia (for himself, Mr. Jody B. Hice of Georgia , Mr. Banks of Indiana , Mrs. Radewagen , Mr. Meadows , Mrs. Handel , Mr. Higgins of Louisiana , Mr. Gomez , and Mr. Welch ) introduced the following bill; which was referred to the Committee on Oversight and Government Reform , and in addition to the Committee on House Administration , for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned A BILL To amend title 5, United States Code, to provide for interest payments by agencies in the case of administrative error in processing certain annuity deposits for prior military service.

1. Short title This Act may be cited as the Correcting Miscalculations in Veterans’ Pensions Act . 2. Interest payment as a result of error in processing of annuity deposit amounts (a) CSRS Section 8334(j) of title 5, United States Code, is amended by adding at the end the following: (6) (A) In calculating and processing the deposit under paragraph (1) with respect to an employee, Member, or annuitant, if the employing agency of such employee, Member, or annuitant makes an administrative error, such employing agency may pay, on behalf of the employee, Member, or annuitant, any additional interest assessed due to the administrative error. (B) For purposes of subparagraph (A), the Secretary of the Senate or the Chief Administrative Officer of the House of Representatives, as appropriate, shall be considered the employing agency of a Member or Congressional employee. (C) The Director of the Office of Personnel Management shall issue such regulations as are necessary to carry out this paragraph. . (b) FERS Section 8422(e) of title 5, United States Code, is amended by adding at the end the following: (7) (A) In calculating and processing the deposit under paragraph (1) with respect to an employee, Member, or annuitant, if the employing agency of such employee, Member, or annuitant makes an administrative error, such employing agency may pay, on behalf of the employee, Member, or annuitant, any additional interest assessed due to the administrative error. (B) For purposes of subparagraph (A), the Secretary of the Senate or the Chief Administrative Officer of the House of Representatives, as appropriate, shall be considered the employing agency of a Member or Congressional employee. (C) The Director of the Office of Personnel Management shall issue such regulations as are necessary to carry out this paragraph. .

tv_txt: I 115th CONGRESS 2d Session H. R. 4431 IN THE HOUSE OF REPRESENTATIVES AN ACT To amend title 5, United States Code, to provide for interest payments by agencies in the case of administrative error in processing certain annuity deposits for prior military service or certain volunteer service, and for other purposes.

1. Short title This Act may be cited as the Correcting Miscalculations in Veterans’ Pensions Act . 2. Error in processing of annuity deposit for former members of the uniformed services (a) CSRS Section 8334(j) of title 5, United States Code, is amended by adding at the end the following: (6) (A) In calculating and processing the deposit under paragraph (1) with respect to an employee, Member, or annuitant, if the employing agency of such employee, Member, or annuitant makes an administrative error, such employing agency may pay, on behalf of the employee, Member, or annuitant, any additional interest assessed due to the administrative error. (B) For purposes of subparagraph (A), the Secretary of the Senate or the Chief Administrative Officer of the House of Representatives, as appropriate, shall be considered the employing agency of a Member or Congressional employee. (C) The Director of the Office of Personnel Management shall issue such regulations as are necessary to carry out this paragraph. . (b) FERS Section 8422(e) of title 5, United States Code, is amended by adding at the end the following: (7) (A) In calculating and processing the deposit under paragraph (1) with respect to an employee, Member, or annuitant, if the employing agency of such employee, Member, or annuitant makes an administrative error, such employing agency may pay, on behalf of the employee, Member, or annuitant, any additional interest assessed due to the administrative error. (B) For purposes of subparagraph (A), the Secretary of the Senate or the Chief Administrative Officer of the House of Representatives, as appropriate, shall be considered the employing agency of a Member or Congressional employee. (C) The Director of the Office of Personnel Management shall issue such regulations as are necessary to carry out this paragraph. . 3. Error in processing of annuity deposit for certain volunteers (a) CSRS Section 8334(l) of title 5, United States Code, is amended by adding at the end of the following: (5) (A) In calculating and processing the deposit under paragraph (1) with respect to an employee, Member, or annuitant, if an employing agency of such employee, Member, or annuitant makes an administrative error that causes additional interest assessed to accrue on the deposit, the employing agency may pay, on behalf of the employee, Member, or annuitant, any additional interest assessed due to the administrative error. (B) In calculating and processing the deposit under paragraph (1) with respect to an employee, Member, or annuitant, if the Office of Personnel Management makes an administrative error that causes additional interest assessed to accrue on the deposit, the Office of Personnel Management may pay, on behalf of the employee, Member, or annuitant, any additional interest assessed due to the administrative error. (C) For purposes of subparagraph (A), the Secretary of the Senate or the Chief Administrative Officer of the House of Representatives, as appropriate, shall be considered the employing agency of a Member or congressional employee. (D) The Director of the Office of Personnel Management shall issue such regulations as are necessary to carry out this paragraph. . (b) FERS Section 8422(f) of title 5, United States Code, is amended by adding at the end of the following: (5) (A) In calculating and processing the deposit under paragraph (1) with respect to an employee, Member, or annuitant, if an employing agency of such employee, Member, or annuitant makes an administrative error that causes additional interest assessed to accrue on the deposit, the employee, Member, or annuitant’s employing agency may pay, on behalf of the employee, Member, or annuitant, any additional interest assessed due to the administrative error. (B) In calculating and processing the deposit under paragraph (1) with respect to an employee, Member, or annuitant, if the Office of Personnel Management makes an administrative error that causes additional interest assessed to accrue on the deposit, the Office of Personnel Management may pay, on behalf of the employee, Member, or annuitant, any additional interest assessed due to the administrative error. (C) For purposes of subparagraph (A), the Secretary of the Senate or the Chief Administrative Officer of the House of Representatives, as appropriate, shall be considered the employing agency of a Member or congressional employee. (D) The Director of the Office of Personnel Management shall issue such regulations as are necessary to carry out this paragraph. . (c) Authorization of payments All payments from the Office of Personnel Management authorized by subsections (a) and (b) shall be paid from the Civil Service Retirement and Disability Fund, and together with administrative expenses incurred by the Office in administering these subsections, shall be deemed to have been authorized to be paid from that Fund, which is appropriated for the payment thereof.

Passed the House of Representatives September 26, 2018. Karen L. Haas, Clerk.

tv_txt: IIB 115th CONGRESS 2d Session H. R. 4431 IN THE SENATE OF THE UNITED STATES September 27, 2018 Received; read twice and referred to the Committee on Homeland Security and Governmental Affairs AN ACT To amend title 5, United States Code, to provide for interest payments by agencies in the case of administrative error in processing certain annuity deposits for prior military service or certain volunteer service, and for other purposes.

1. Short title This Act may be cited as the Correcting Miscalculations in Veterans’ Pensions Act . 2. Error in processing of annuity deposit for former members of the uniformed services (a) CSRS Section 8334(j) of title 5, United States Code, is amended by adding at the end the following: (6) (A) In calculating and processing the deposit under paragraph (1) with respect to an employee, Member, or annuitant, if the employing agency of such employee, Member, or annuitant makes an administrative error, such employing agency may pay, on behalf of the employee, Member, or annuitant, any additional interest assessed due to the administrative error. (B) For purposes of subparagraph (A), the Secretary of the Senate or the Chief Administrative Officer of the House of Representatives, as appropriate, shall be considered the employing agency of a Member or Congressional employee. (C) The Director of the Office of Personnel Management shall issue such regulations as are necessary to carry out this paragraph. . (b) FERS Section 8422(e) of title 5, United States Code, is amended by adding at the end the following: (7) (A) In calculating and processing the deposit under paragraph (1) with respect to an employee, Member, or annuitant, if the employing agency of such employee, Member, or annuitant makes an administrative error, such employing agency may pay, on behalf of the employee, Member, or annuitant, any additional interest assessed due to the administrative error. (B) For purposes of subparagraph (A), the Secretary of the Senate or the Chief Administrative Officer of the House of Representatives, as appropriate, shall be considered the employing agency of a Member or Congressional employee. (C) The Director of the Office of Personnel Management shall issue such regulations as are necessary to carry out this paragraph. . 3. Error in processing of annuity deposit for certain volunteers (a) CSRS Section 8334(l) of title 5, United States Code, is amended by adding at the end of the following: (5) (A) In calculating and processing the deposit under paragraph (1) with respect to an employee, Member, or annuitant, if an employing agency of such employee, Member, or annuitant makes an administrative error that causes additional interest assessed to accrue on the deposit, the employing agency may pay, on behalf of the employee, Member, or annuitant, any additional interest assessed due to the administrative error. (B) In calculating and processing the deposit under paragraph (1) with respect to an employee, Member, or annuitant, if the Office of Personnel Management makes an administrative error that causes additional interest assessed to accrue on the deposit, the Office of Personnel Management may pay, on behalf of the employee, Member, or annuitant, any additional interest assessed due to the administrative error. (C) For purposes of subparagraph (A), the Secretary of the Senate or the Chief Administrative Officer of the House of Representatives, as appropriate, shall be considered the employing agency of a Member or congressional employee. (D) The Director of the Office of Personnel Management shall issue such regulations as are necessary to carry out this paragraph. . (b) FERS Section 8422(f) of title 5, United States Code, is amended by adding at the end of the following: (5) (A) In calculating and processing the deposit under paragraph (1) with respect to an employee, Member, or annuitant, if an employing agency of such employee, Member, or annuitant makes an administrative error that causes additional interest assessed to accrue on the deposit, the employee, Member, or annuitant’s employing agency may pay, on behalf of the employee, Member, or annuitant, any additional interest assessed due to the administrative error. (B) In calculating and processing the deposit under paragraph (1) with respect to an employee, Member, or annuitant, if the Office of Personnel Management makes an administrative error that causes additional interest assessed to accrue on the deposit, the Office of Personnel Management may pay, on behalf of the employee, Member, or annuitant, any additional interest assessed due to the administrative error. (C) For purposes of subparagraph (A), the Secretary of the Senate or the Chief Administrative Officer of the House of Representatives, as appropriate, shall be considered the employing agency of a Member or congressional employee. (D) The Director of the Office of Personnel Management shall issue such regulations as are necessary to carry out this paragraph. . (c) Authorization of payments All payments from the Office of Personnel Management authorized by subsections (a) and (b) shall be paid from the Civil Service Retirement and Disability Fund, and together with administrative expenses incurred by the Office in administering these subsections, shall be deemed to have been authorized to be paid from that Fund, which is appropriated for the payment thereof.

Passed the House of Representatives September 26, 2018. Karen L. Haas, Clerk.

tv_txt: IB Union Calendar No. 737 115th CONGRESS 2d Session H. R. 4431 [Report No. 115–946, Part I] IN THE HOUSE OF REPRESENTATIVES November 16, 2017 Mr. Carter of Georgia (for himself, Mr. Jody B. Hice of Georgia , Mr. Banks of Indiana , Mrs. Radewagen , Mr. Meadows , Mrs. Handel , Mr. Higgins of Louisiana , Mr. Gomez , and Mr. Welch ) introduced the following bill; which was referred to the Committee on Oversight and Government Reform , and in addition to the Committee on House Administration , for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned September 12, 2018 Additional sponsors: Mr. Cook , Mr. Lynch , Mr. Russell , and Mr. Coffman September 12, 2018 Reported from the Committee on Oversight and Government Reform September 12, 2018 Committee on House Administration discharged; committed to the Committee of the Whole House on the State of the Union and ordered to be printed A BILL To amend title 5, United States Code, to provide for interest payments by agencies in the case of administrative error in processing certain annuity deposits for prior military service.

1. Short title This Act may be cited as the Correcting Miscalculations in Veterans’ Pensions Act . 2. Interest payment as a result of error in processing of annuity deposit amounts (a) CSRS Section 8334(j) of title 5, United States Code, is amended by adding at the end the following: (6) (A) In calculating and processing the deposit under paragraph (1) with respect to an employee, Member, or annuitant, if the employing agency of such employee, Member, or annuitant makes an administrative error, such employing agency may pay, on behalf of the employee, Member, or annuitant, any additional interest assessed due to the administrative error. (B) For purposes of subparagraph (A), the Secretary of the Senate or the Chief Administrative Officer of the House of Representatives, as appropriate, shall be considered the employing agency of a Member or Congressional employee. (C) The Director of the Office of Personnel Management shall issue such regulations as are necessary to carry out this paragraph. . (b) FERS Section 8422(e) of title 5, United States Code, is amended by adding at the end the following: (7) (A) In calculating and processing the deposit under paragraph (1) with respect to an employee, Member, or annuitant, if the employing agency of such employee, Member, or annuitant makes an administrative error, such employing agency may pay, on behalf of the employee, Member, or annuitant, any additional interest assessed due to the administrative error. (B) For purposes of subparagraph (A), the Secretary of the Senate or the Chief Administrative Officer of the House of Representatives, as appropriate, shall be considered the employing agency of a Member or Congressional employee. (C) The Director of the Office of Personnel Management shall issue such regulations as are necessary to carry out this paragraph. .

September 12, 2018 Reported from the Committee on Oversight and Government Reform September 12, 2018 Committee on House Administration discharged; committed to the Committee of the Whole House on the State of the Union and ordered to be printed

tv_txt: I One Hundred Fifteenth Congress of the United States of America At the Second Session Begun and held at the City of Washington on Wednesday, the third day of January, two thousand and eighteen H. R. 4431 AN ACT To amend title 5, United States Code, to provide for interest payments by agencies in the case of administrative error in processing certain annuity deposits for prior military service or certain volunteer service, and for other purposes.

1. Short title This Act may be cited as the Correcting Miscalculations in Veterans’ Pensions Act . 2. Error in processing of annuity deposit for former members of the uniformed services (a) CSRS Section 8334(j) of title 5, United States Code, is amended by adding at the end the following: (6) (A) In calculating and processing the deposit under paragraph (1) with respect to an employee, Member, or annuitant, if the employing agency of such employee, Member, or annuitant makes an administrative error, such employing agency may pay, on behalf of the employee, Member, or annuitant, any additional interest assessed due to the administrative error. (B) For purposes of subparagraph (A), the Secretary of the Senate or the Chief Administrative Officer of the House of Representatives, as appropriate, shall be considered the employing agency of a Member or Congressional employee. (C) The Director of the Office of Personnel Management shall issue such regulations as are necessary to carry out this paragraph. . (b) FERS Section 8422(e) of title 5, United States Code, is amended by adding at the end the following: (7) (A) In calculating and processing the deposit under paragraph (1) with respect to an employee, Member, or annuitant, if the employing agency of such employee, Member, or annuitant makes an administrative error, such employing agency may pay, on behalf of the employee, Member, or annuitant, any additional interest assessed due to the administrative error. (B) For purposes of subparagraph (A), the Secretary of the Senate or the Chief Administrative Officer of the House of Representatives, as appropriate, shall be considered the employing agency of a Member or Congressional employee. (C) The Director of the Office of Personnel Management shall issue such regulations as are necessary to carry out this paragraph. . 3. Error in processing of annuity deposit for certain volunteers (a) CSRS Section 8334(l) of title 5, United States Code, is amended by adding at the end of the following: (5) (A) In calculating and processing the deposit under paragraph (1) with respect to an employee, Member, or annuitant, if an employing agency of such employee, Member, or annuitant makes an administrative error that causes additional interest assessed to accrue on the deposit, the employing agency may pay, on behalf of the employee, Member, or annuitant, any additional interest assessed due to the administrative error. (B) In calculating and processing the deposit under paragraph (1) with respect to an employee, Member, or annuitant, if the Office of Personnel Management makes an administrative error that causes additional interest assessed to accrue on the deposit, the Office of Personnel Management may pay, on behalf of the employee, Member, or annuitant, any additional interest assessed due to the administrative error. (C) For purposes of subparagraph (A), the Secretary of the Senate or the Chief Administrative Officer of the House of Representatives, as appropriate, shall be considered the employing agency of a Member or congressional employee. (D) The Director of the Office of Personnel Management shall issue such regulations as are necessary to carry out this paragraph. . (b) FERS Section 8422(f) of title 5, United States Code, is amended by adding at the end of the following: (5) (A) In calculating and processing the deposit under paragraph (1) with respect to an employee, Member, or annuitant, if an employing agency of such employee, Member, or annuitant makes an administrative error that causes additional interest assessed to accrue on the deposit, the employee, Member, or annuitant’s employing agency may pay, on behalf of the employee, Member, or annuitant, any additional interest assessed due to the administrative error. (B) In calculating and processing the deposit under paragraph (1) with respect to an employee, Member, or annuitant, if the Office of Personnel Management makes an administrative error that causes additional interest assessed to accrue on the deposit, the Office of Personnel Management may pay, on behalf of the employee, Member, or annuitant, any additional interest assessed due to the administrative error. (C) For purposes of subparagraph (A), the Secretary of the Senate or the Chief Administrative Officer of the House of Representatives, as appropriate, shall be considered the employing agency of a Member or congressional employee. (D) The Director of the Office of Personnel Management shall issue such regulations as are necessary to carry out this paragraph. . (c) Authorization of payments All payments from the Office of Personnel Management authorized by subsections (a) and (b) shall be paid from the Civil Service Retirement and Disability Fund, and together with administrative expenses incurred by the Office in administering these subsections, shall be deemed to have been authorized to be paid from that Fund, which is appropriated for the payment thereof.

Speaker of the House of Representatives. Vice President of the United States and President of the Senate.