Federal Retirement Reform Act of 2009

Summary

Federal Retirement Reform Act of 2009 - Thrift Savings Plan Enhancement Act of 2009 - Requires the Federal Retirement Thrift Investment Board to provide for: (1) automatic enrollment in the Thrift Savings Plan (TSP) at a specified default percentage (between 2% and 5%) of basic pay of anyone appointed, transferred, or reappointed to a position in which that individual is eligible to contribute to TSP; (2) the inclusion in TSP of a qualified Roth contribution program and (3) the addition of a self-directed investment window under TSP, if it would be in the best interests of participants, limited to low-cost, passively-managed index funds that offer diversification. Requires the total service of an employee who retires eligible for an annuity under the Federal Employees' Retirement System (FERS) or who dies leaving a survivor entitled to benefits, to include the employee's days of unused sick leave for annuity computation purposes. Exempts a federal employee's part-time service performed before April 7, 1986, from proration requirements for purposes of annuity computation under the Civil Service Retirement System (CSRS). District of Columbia Court, Offender Supervision, Parole, and Public Defender Employees Equity Act of 2009 - Entitles any individual who is treated as a federal employee under CSRS or FERS to have certain qualifying District of Columbia service included in calculating that individual's creditable federal service for specified purposes, including annuity eligibility. Amends the Internal Revenue Code to allow federal annuitants and members of the Armed Forces to elect to exclude retirement plan distributions for health insurance and long-term care premiums from gross income.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 3 March 2009

   Introduced

   Introduced in House

   Source: IntroReferral

2. 3 March 2009

   Introduced

   Introduced in House

   Source: IntroReferral

3. 3 March 2009

   Introduced

   Referred to House Oversight and Government Reform

   Source: IntroReferral

4. 3 March 2009

   Introduced

   Referred to the Committee on Oversight and Government Reform, and in addition to the Committee on Ways and Means, 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.

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 3 March 2009 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 3 March 2009

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 3 March 2009

  ViewDownloadOpen at official source

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• Introduced in House

  summary · EN · 3 March 2009

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Rep. Lynch, Stephen F. [D-MA-8] · D · Sponsor
• Rep. Waxman, Henry A. [D-CA-33] · D · Cosponsor
• Rep. Moran, James P. [D-VA-8] · D · Cosponsor
• Rep. Davis, Danny K. [D-IL-7] · D · Cosponsor
• Del. Norton, Eleanor Holmes [D-DC-At Large] · D · Cosponsor
• Rep. Wolf, Frank R. [R-VA-10] · R · Cosponsor
• · hswm00 · Standing
• · hsgo00 · Standing

Related records

• related to ← Federal Retirement Reform Act of 2009