Public-Private Employee Retirement Parity Act - Excludes as creditable service under the Federal Employees Retirement System (FERS) any service performed by an federal employee or Member of Congress (including military service) after the date that is six months after enactment of this Act, if that individual did not perform any period of creditable service (including military service) before such date. Prohibits an employing agency from making any deduction or withholding from the basic pay of, or any contribution for, any employee or Member for such excluded service.
Modifies the reporting requirements of the Board of Actuaries of the Civil Service Retirement System (CSRS) to require: (1) its annual reports on the actuarial status of CSRS and FERS submitted after the enactment of this Act to be made available online, and (2) all previous reports prepared on or after June 6, 1986, to be made available online.
[Congressional Bills 113th Congress]
[From the U.S. Government Publishing Office]
[S. 1678 Introduced in Senate (IS)]
113th CONGRESS
1st Session
S. 1678
To amend subchapter II of chapter 84 of title 5, United States Code, to
prohibit coverage for annuity purposes for new Federal employees, and
for other purposes.
_______________________________________________________________________
IN THE SENATE OF THE UNITED STATES
November 12, 2013
Mr. Burr (for himself, Mr. Coburn, and Mr. Chambliss) introduced the
following bill; which was read twice and referred to the Committee on
Homeland Security and Governmental Affairs
_______________________________________________________________________
A BILL
To amend subchapter II of chapter 84 of title 5, United States Code, to
prohibit coverage for annuity purposes for new Federal employees, 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 ``Public-Private Employee Retirement
Parity Act''.
SEC. 2. TERMINATION OF ANNUITIES UNDER THE FEDERAL EMPLOYEES RETIREMENT
SYSTEM.
(a) Creditable Service.--Section 8411 of title 5, United States
Code, is amended--
(1) in subsection (b)(1), by inserting ``except as provided
under subsection (m),'' after ``(1)''; and
(2) by adding at the end the following:
``(m) Notwithstanding any other provision of this section, any
period of service performed by an employee or Member on or after the
date that is 6 months after the date of enactment of the Public-Private
Employee Retirement Parity Act shall not be creditable service for
purposes of this subchapter, if that employee or Member did not perform
any period of creditable service under this section before the date
that is 6 months after the date of enactment of the Public-Private
Employee Retirement Parity Act (including any military service
creditable under subsection (c)).''.
(b) Employee Contributions.--Section 8422 of title 5, United States
Code, is amended--
(1) in subsection (a)(1), by striking ``The'' and inserting
``Except as provided under subsection (j), the''; and
(2) by adding at the end the following:
``(j) Notwithstanding any other provision of this section, an
employing agency shall not make any deduction or withholding under this
section from the basic pay of any employee or Member for any period of
service performed on or after the date that is 6 months after the date
of enactment of the Public-Private Employee Retirement Parity Act, if
that period of service is not creditable service under section
8411(m).''.
(c) Agency Contributions.--Section 8423 of title 5, United States
Code, is amended--
(1) in subsection (a)(1), by striking ``Each'' and
inserting ``Except as provided under subsection (d), each'';
and
(2) by adding at the end the following:
``(d) Notwithstanding any other provision of this section, an
employing agency shall not make any contribution under this section for
any employee or Member for any period of service performed on or after
the date that is 6 months after the date of enactment of the Public-
Private Employee Retirement Parity Act, if that period of service is
not creditable service under section 8411(m).''.
(d) Limitation on Credit for Military Service.--
(1) In general.--Section 8411(c) of title 5, United States
Code, is amended--
(A) in paragraph (1), by striking ``paragraphs (2),
(3), and (5)'' and inserting ``paragraphs (2), (3),
(5), and (6)''; and
(B) by adding at the end the following:
``(6) Notwithstanding any other provision of this
subsection, any period of military service performed on or
after the date that is 6 months after the date of enactment of
the Public-Private Employee Retirement Parity Act shall not be
allowed credit under this subchapter, if the employee or Member
did not perform any period of creditable service under this
section before the date that is 6 months after the date of
enactment of the Public-Private Employee Retirement Parity
Act.''.
(2) Contributions.--Section 8422(e)(1)(A) of title 5,
United States Code, is amended by striking ``Except as provided
in subparagraph (B), and subject to paragraph (6),'' and
inserting ``Except as provided under section 8411(c)(6) and
subparagraph (B) of this paragraph, and subject to paragraph
(6) of this subsection,''.
SEC. 3. REPORTING REGARDING CSRDF.
(a) In General.--Section 8347(f) of title 5, United States Code, is
amended by striking ``The Board shall report annually on the actuarial
status of the System'' and inserting ``Not later than 6 months after
the date of enactment of the Public-Private Employee Retirement Parity
Act, and every year thereafter, the Board shall issue an annual report,
including making the report available online, on the actuarial status
of the System and the Federal Employees Retirement System under chapter
84''.
(b) Availability of Previous Reports.--The Board of Actuaries of
the Civil Service Retirement System shall make available online all
reports under section 8347(f) prepared on or after June 6, 1986.
<all>
Introduced in Senate
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
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