An amendment dealing with retirement benefits. The amendment provides that salary deductions with held for retirement after 35 years of service may be refunded to the participant, with 3 percent annual interest, at the time of separation (or to the beneficiary in the event of death). Certain required contributions are to be withdrawn from the funds accumulated after the 35th year prior to the payment to the participant.

passedUnited States· United States Congress· EN

Introduced

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Last action

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Status

Amendment Passed in Committee of the Whole by Voice Vote.

Records

Official amendment HAMDT 525 (97th) from United States at United States Congress. Status: Amendment Passed in Committee of the Whole by Voice Vote..

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