Comptroller General Annuity Adjustment Act
PL 95-512 (S.3412), enacted 10/25/1978

PUBLIC LAW 95-512—OCT. 25, 1978 
92 StAT. 17'W 
Public Law 95-512 
95th Congress 
An Act 
To provide for cost-of-living adjustments in the annuity of a retired CJomptroller 
General, and for other purposes. 
Be it enacted hy the Senate and House of Representatives of the 
United States of America in Congress assernbled, That this Act may 
be cited as the "Comptroller General Annuity Adjustment Act of 
1978". 
SEC. 2. Section 319 of the Budget and Accounting Act, 1921 (31 
U.S.C. 43b) is amended— 
(1) by striking out "3" wherever it appears in subsections (b) 
and (c) and inserting "41/^"; 
(2) by striking out in subsection (e) (2) beginning with "one-
half" through the word "lesser" and inserting the following: 
"(A) $1,548, or (B) $4,644 divided by the number of children, 
whichever is lesser"; 
(3) by inserting "(A)" immediately after "equal to" in sub-
section (e) (3) and by striking out in such subsection beginning 
with "survived," through the word "year" and inserting "sur-
vived, divided by the number of children, or (B) $1,860, or (C) 
$5,680, divided by the number of children, whichever is the lesser"; 
and 
(4) by striking out "the last five years of such service" in sub-
section (n) and inserting "the three years of service in which his 
annual salary was greatest", and by striking out "37i/^" in such 
subsection and inserting "40". 
SEC. 3. The Budget and Accounting Act, 1921, is amended by adding 
after section 319 the following new section: 
"SEC. 320. (a) Except as provided in subsection (b), the annuities 
authorized by sections 303 and 319 of this Act shall be increased as 
follows: 
"(1) The Comptroller General shall— 
"(A) on January 1 of each year, or within a reasonable 
time thereafter, determine the per centum change in the 
Consumer Price Index published for December of the pre-
ceding year over the Consumer Price Index published for 
June of the preceding year, and 
"(B) on July 1 of each year, or within a reasonable time 
thereafter, determine the per centum change in the Consumer 
Price Index published for June of such year over the Con-
sumer Price Index published for December of the preceding 
year. 
"(2) If in any year the per centum change determined under 
either paragraph (1)(A) or (1)(B) indicates a rise in the Con-
sumer Price Index, then— 
"(A) effective March 1 of such year, in the case of an 
increase under paragraph (1)(A), each annuity payable 
under sections 303 and 319 of this Act commencing not later 
than such March 1 shall be increased by the per centum 
change computed under such paragraph, adjusted to the 
nearest one-tenth of 1 per centum, or 
Oct. ^5. 1973 
[S. 3412] 
Comptroller 
General Annuity 
Adjustment Act 
of 1978. 
31 u s e 1 note. 
31 u s e 43c. 
31 u s e 43, 43b. 
92 STAT. 1800 
PUBLIC LAW 95-512—OCT. 25, 1978 
"(B) effective September 1 of such year, in the case of an 
increase under paragraph (1)(B), each annuity payable 
31 use 43, 43b. 
under sections 303 and 319 of this Act commencing not later 
than such September 1 shall be increased by the per centum 
change computed under such paragraph, adjusted to the 
nearest one-tenth of 1 per centum. 
"(3) The per centum increase authorized by the Comptroller 
General under this section shall not exceed the per centum increase 
as authorized from time to time by the Civil Service Commission 
under section 8340(b) of title 6, United States Code. 
"(b) The annuity authorized by section 303 of this Act shall not, by 
reason of the application of subsection (a), exceed the annual rate of 
compensation of the Comptroller General.". 
Annuity 
SEC. 4. (a) The second paragraph of section 303 of the Budget and 
deductions. 
Accounting Act, 1921 (31 U.S.C. 43) is amended by inserting between 
the third and fourth sentences the following new sentence: "There shall 
be deducted from the salary of any pereon appointed to the Office of 
the Comptroller General after the date of enactment of this sentence 
as a contribution to the annuity authorized by this paragraph (1) a 
sum equal to 3i/^ per centum of his salary, in the case of a Comptroller 
General who has elected survivor benefits under section 319, or (2) a 
sum equal to 8 per centum of his salary, in the case of a Comptroller 
General who has not elected such survivor benefits.". 
(b) The third paragraph of such section is amended by— 
(1) inserting after "that Act," in the first sentence "and no 
deduction from his salary shall be made under the preceding para-
graph,"; and 
(2) adding at the end thereof the following new sentence: "Any 
person who is appointed to the Office of Comptroller General 
after the date of enactment of this sentence and who makes such 
an election under this paragraph shall deposit with the General 
Accounting Office for covering into the general fund of the Treas-
ury as miscellaneous receipts as a contribution to the annuity 
authorized under the preceding paragraph (1) a sum equal to 
•/M 
jr. J 
31^ per centum, in the case of a Comptroller General who has 
elected survivor benefits under section 319, or (2) 8 per centum, 
in the case of a Comptroller General who has not elected such 
benefits, of the salary received by him as Comptroller General 
prior to the date current deductions begin from his salary, plus 
interest thereon at the rate of 3 per centum per annum com-
pounded on December 31 of each year.". 
PUBLIC LAW 95-512—OCT. 25, 1978 
92 STAT. 1801 
(c) Such section is amended by adding at tJie end thereof the follow- Lump-sum 
ing new paragraph: 
refund. 
"Any Comptroller General who is separated from office prior to 
becoming eligible to receive an annuity under the second paragraph 
shall be entitled to a lump-sum refimd of the total amount deducted 
from his salary in accordance with the provisions of such paragraph 
or deposited by him as a contribution to his annuity in accordance with 
the provisions of the preceding paragraph, plus interest thereon at the 
rate of 3 per centum per annum compounded on December 31 of each 
year. The lump-sum refund authorized by this paragraph shall be 
paid to the Comptroller General or to his survivors in the order of 
precedence of such survivors established in section 319(j) for survivor 
benefits.". 
Approved October 25, 1978. 
LEGISLATIVE HISTORY: 
HOUSE REPORT No. 95-1241, accompanying H.R. 12196 (Comm. on Government 
Operations). 
SENATE REPORT No. 95-1267 (Comm. on Governmental Affairs). 
CONGRESSIONAL RECORD, Vol. 124 (1978): 
July 25, H.R. 12196 considered and passed House. 
' 
Oct. 9, considered and passed Senate. 
Oct. 11, considered and passed House, in lieu of H.R. 12196.