Coast Guard Retirement Parity Act
This bill modifies the Department of Defense Military Retirement Fund to pay for U.S. Coast Guard retirement and survivor benefit programs in the same manner as other branches of the military. Currently, Coast Guard retirement and survivor benefit payments come out of the yearly Coast Guard budget as a mandatory appropriation. Such payments are not paid in the event of a government shutdown; however, retirement benefits for other branches of the military are still paid through the Military Retirement Fund.
[Congressional Bills 116th Congress]
[From the U.S. Government Publishing Office]
[H.R. 6072 Introduced in House (IH)]
<DOC>
116th CONGRESS
2d Session
H. R. 6072
To amend title 10, United States Code, to include the Coast Guard in
the Department of Defense Military Retirement Fund, and for other
purposes.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
March 4, 2020
Mr. Crist (for himself and Mr. Palazzo) introduced the following bill;
which was referred to the Committee on Armed Services
_______________________________________________________________________
A BILL
To amend title 10, United States Code, to include the Coast Guard in
the Department of Defense Military Retirement Fund, 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 ``Coast Guard Retirement Parity Act''.
SEC. 2. ESTABLISHMENT AND PURPOSE OF FUND; DEFINITION.
Section 1461(a) of title 10, United States Code, is amended by
inserting ``and the Coast Guard'' after ``liabilities of the Department
of Defense''.
SEC. 3. PAYMENTS FROM THE FUND.
Section 1463(a) of title 10, United States Code, is amended--
(1) in paragraph (1) by striking ``and Marine Corps'' and
inserting ``Marine Corps, and Coast Guard'';
(2) in paragraph (2) by striking ``(other than retired pay
payable by the Secretary of Homeland Security)''; and
(3) in paragraph (4) by inserting ``and the Department of
Homeland Security that'' after ``Department of Defense''.
SEC. 4. DETERMINATION OF CONTRIBUTIONS TO THE FUND.
Section 1465 of title 10, United States Code, is amended--
(1) in subsection (a)--
(A) by striking ``(a) Not'' and inserting the
following:
``(a)(1) Not''; and
(B) by adding at the end the following:
``(2) Not later than October 1, 2022, the Board of Actuaries shall
determine the amount that is the present value (as of September 30,
2022) of future benefits payable from the Fund that are attributable to
service in the Coast Guard performed before October 1, 2022. That
amount is the original Coast Guard unfunded liability of the Fund. The
Board shall determine the period of time over which the original Coast
Guard unfunded liability should be liquidated and shall determine an
amortization schedule for the liquidation of such liability over that
period. Contributions to the Fund for the liquidation of the original
Coast Guard unfunded liability in accordance with such schedule shall
be made as provided in section 1466(b) of this title.'';
(2) in subsection (b)--
(A) in paragraph (1)--
(i) in the matter preceding subparagraph
(A)--
(I) by inserting ``, in
consultation with the Secretary of the
department in which the Coast Guard is
operating,'' after ``Secretary of
Defense''; and
(II) by inserting ``and Coast
Guard'' after ``Department of
Defense'';
(ii) in subparagraph (A)(ii) by striking
``(other than the Coast Guard)'' and inserting
``members of the Armed Forces''; and
(iii) in subparagraph (B)(ii) by striking
``(other than the Coast Guard)'';
(B) in paragraph (2) by inserting ``the Coast Guard
Retired Pay account and the'' after ``appropriated
to''; and
(C) in paragraph (3) by inserting ``and Coast
Guard'' after ``Department of Defense'';
(3) in subsection (c)--
(A) in paragraph (1)--
(i) in the matter preceding subparagraph
(A) by inserting ``, in consultation with the
Secretary of the department in which the Coast
Guard is operating,'' after ``Secretary of
Defense'';
(ii) in subparagraph (A) by striking
``(other than the Coast Guard)'' and inserting
``members of the Armed Forces'';
(iii) in subparagraph (B) by striking
``(other than the Coast Guard)'';
(B) in paragraph (2) by inserting ``, in
consultation with the Secretary of the department in
which the Coast Guard is operating,'' after ``Secretary
of Defense'';
(C) in paragraph (3) by inserting ``, in
consultation with the Secretary of the department in
which the Coast Guard is operating,'' after ``Secretary
of Defense'';
(4) in subsection (e) by striking ``Secretary of Defense
shall'' and inserting ``Secretary of Defense and, with regard
to the Coast Guard, the Secretary of the department in which
the Coast Guard is operating''.
SEC. 5. PAYMENTS INTO THE FUND.
Section 1466 of title 10, United States Code, is amended--
(1) in subsection (a)--
(A) in the matter preceding paragraph (1)--
(i) by striking ``Secretary of Defense
shall'' and inserting ``Secretary of Defense
and the Secretary of the department in which
the Coast Guard is operating, with respect to
the Coast guard, shall''; and
(ii) by striking ``each month as the
Department of Defense contribution'' and
inserting ``each month the respective pro rata
share contribution of the Secretary of Defense
and the Secretary of the department in which
the Coast Guard is operating''; and
(B) in paragraph (1)(B) by striking ``(other than
the Coast Guard)''; and
(C) by striking the flush language following
paragraph (1)(B) and inserting the following new
subsection:
``(b) Amounts paid into the Fund under this subsection shall be
paid from funds available for as appropriate--
``(1) the pay of members of the armed forces under the
jurisdiction of the Secretary of a military department; or
``(2) the Retired Pay appropriation for the Coast Guard.'';
(2) by redesignating subsections (b) and (c) as subsections
(c) and (d), respectively; and
(3) in subsection (c) (as so redesignated)--
(A) in paragraph (2)(A) by striking ``liability of
the Fund.'' and inserting ``liabilities of the Fund for
the Department of Defense and the Coast Guard.''; and
(B) in paragraph (3) by inserting ``and the
Secretary of the Department in which the Coast Guard is
operating'' before ``shall promptly''.
<all>
Introduced in House
Introduced in House
Referred to the House Committee on Armed Services.
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