End Pensions in Congress Act or EPIC Act - Amends the Civil Service Retirement System (CSRS) and the Federal Employees' Retirement System (FERS) to exclude Members of Congress, except the Vice President, from further CSRS and FERS retirement coverage.
Prohibits further government contributions or deductions from such Member's basic pay for deposit in the Treasury to the credit of the Civil Service Retirement and Disability Fund.
States that nothing in this Act shall: (1) be considered to nullify, modify, or otherwise affect any right, entitlement, or benefit under CSRS or FERS for any Member covering any period before the enactment of this Act; or (2) affect the eligibility of a Member to participate in the Thrift Savings Plan (TSP) in accordance with otherwise applicable law.
Allows Members covered by such exclusion, within 90 days after enactment of this Act, to elect to remain subject to CSRS or FERS, as the case may be.
[Congressional Bills 113th Congress]
[From the U.S. Government Publishing Office]
[H.R. 178 Introduced in House (IH)]
113th CONGRESS
1st Session
H. R. 178
To amend title 5, United States Code, to provide for the termination of
further retirement benefits for Members of Congress, except the right
to continue participating in the Thrift Savings Plan, and for other
purposes.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
January 4, 2013
Mr. Griffin of Arkansas introduced the following bill; which was
referred to the Committee on House Administration, and in addition to
the Committee on Oversight and Government Reform, 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 the termination of
further retirement benefits for Members of Congress, except the right
to continue participating in the Thrift Savings Plan, and for other
purposes.
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 ``End Pensions in Congress Act'' or
the ``EPIC Act''.
SEC. 2. AMENDMENTS RELATING TO THE CIVIL SERVICE RETIREMENT SYSTEM.
(a) In General.--Subchapter III of chapter 83 of title 5, United
States Code, is amended by inserting after section 8335 the following:
``Sec. 8335a. Termination of further retirement coverage of Members of
Congress
``(a) In General.--Notwithstanding any other provision of this
subchapter and subject to subsection (f), effective as of the date of
enactment of this section--
``(1) a Member shall not be subject to this subchapter for
any further period of time; and
``(2) no further Government contributions or deductions
from basic pay may be made with respect to such Member for
deposit in the Treasury of the United States to the credit of
the Fund.
``(b) Prior Rights Not Affected.--Nothing in subsection (a) shall
be considered to nullify, modify, or otherwise affect any right,
entitlement, or benefit under this subchapter with respect to any
Member covering any period prior to the date of enactment of this
section.
``(c) Right To Participate in Thrift Savings Plan Not Affected.--
Nothing in subsection (a) shall affect the eligibility of a Member to
participate in the Thrift Savings Plan in accordance with otherwise
applicable provisions of law.
``(d) Regulations.--Any regulations necessary to carry out this
section may--
``(1) except with respect to matters under subparagraph
(B), be prescribed by the Director of the Office of Personnel
Management; and
``(2) with respect to matters relating to the Thrift
Savings Plan, be prescribed by the Executive Director (as
defined by section 8401(13)).
``(e) Exclusion.--For purposes of this section, the term `Member'
does not include the Vice President.
``(f) Opt-In.--Not later than 90 days after the date of enactment
of this section, a Member covered by this subchapter as of such date
may elect, by giving notice in writing to the official by whom he is
paid, to remain subject to this subchapter.''.
(b) Clerical Amendment.--The table of sections at the beginning of
chapter 83 of title 5, United States Code, is amended by inserting
after the item relating to section 8335 the following:
``8335a. Termination of further retirement coverage of Members of
Congress.''.
SEC. 3. AMENDMENTS RELATING TO THE FEDERAL EMPLOYEES' RETIREMENT
SYSTEM.
(a) In General.--Subchapter II of chapter 84 of title 5, United
States Code, is amended by inserting after section 8425 the following:
``Sec. 8425a. Termination of further retirement coverage of Members of
Congress
``(a) In General.--Notwithstanding any other provision of this
chapter, effective as of the date of enactment of this section--
``(1) subject to subsection (f), in the case of an
individual who first becomes a Member before such date of
enactment--
``(A) such Member shall not be subject to this
chapter for any further period of time after such date
of enactment; and
``(B) no further Government contributions or
deductions from basic pay may be made with respect to
such Member for deposit in the Treasury of the United
States to the credit of the Fund; and
``(2) in the case of an individual who first becomes a
Member on or after such date of enactment--
``(A) such Member shall not be subject to this
chapter; and
``(B) no Government contributions or deductions
from basic pay may be made with respect to such Member
for deposit in the Treasury of the United States to the
credit of the Civil Service Retirement and Disability
Fund.
``(b) Prior Rights Not Affected.--Nothing in subsection (a) shall
be considered to nullify, modify, or otherwise affect any right,
entitlement, or benefit under this chapter with respect to any Member
covering any period prior to the date of enactment of this section.
``(c) Right To Participate in Thrift Savings Plan Not Affected.--
Nothing in subsection (a) shall affect the eligibility of a Member to
participate in the Thrift Savings Plan in accordance with otherwise
applicable provisions of law.
``(d) Regulations.--
``(1) In general.--Any regulations necessary to carry out
this section may--
``(A) except with respect to matters under
subparagraph (B), be prescribed by the Director of the
Office of Personnel Management; and
``(B) with respect to matters relating to the
Thrift Savings Plan, be prescribed by the Executive
Director (as defined by section 8401(13)).
``(2) Refunds.--Notwithstanding subsection (b), the
regulations under paragraph (1)(A) shall, in the case of a
Member who has not completed at least 5 years of civilian
service as of the date of enactment of this section, provide
that the lump-sum credit shall be payable to such Member to the
same extent and in the same manner as if such Member satisfied
paragraphs (1) through (4) of section 8424(a) as of such date
of enactment.
``(e) Exclusion.--For purposes of this section, the term `Member'
does not include the Vice President.
``(f) Opt-In.--Not later than 90 days after the date of enactment
of this section, a Member covered by this chapter as of such date may
elect, by giving notice in writing to the official by whom he is paid,
to remain subject to this chapter.''.
(b) Clerical Amendment.--The table of sections at the beginning of
chapter 84 of title 5, United States Code, is amended by inserting
after the item relating to section 8425 the following:
``8425a. Termination of further retirement coverage of Members of
Congress.''.
<all>
Introduced in House
Introduced in House
Referred to the Committee on House Administration, and in addition to the Committee on Oversight and Government Reform, 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.
Referred to the Committee on House Administration, and in addition to the Committee on Oversight and Government Reform, 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.
Llama 3.2 · runs locally in your browser
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line