Congressional Pension Reform Act of 1995

Summary

Congressional Pension Reform Act of 1995 - Provides for the deduction and withholding of seven percent (currently, eight and seven and one-half percent, respectively) of the basic pay of a Member of Congress or congressional employee under the Civil Service Retirement System, thus making such deduction and withholding equivalent to that of a Federal employee. Makes provisions regarding immediate retirement, entitlement to annuities, and deferred retirement for Federal employees applicable to Members. Removes specified provisions regarding annuities, reduced annuities, and deferred retirement for Members. Removes a provision that entitles a Member to an annuity if he or she serves in nine Congresses. Continues the applicability of existing provisions regarding immediate Member annuities and deferred retirement with respect to Members serving on or after this Act's effective date who, as of the day before such effective date, satisfy the existing age and service requirements for entitlement to immediate annuities or deferred retirement. Revises the formula for computing annuities of Members and congressional employees with at least five years of service to restrict creditable service to service performed before this Act's enactment date. Makes similar amendments with respect to the computation of Federal Employees' Retirement System (FERS) annuities for Members and congressional employees. Makes the reduction in annuity for Federal employees retiring before age 55 applicable to Members as well. Repeals provisions that provide for a different reduction formula for Members. Repeals provisions concerning: (1) annuities for surviving spouses of Members entitled to deferred annuities; (2) the treatment of annuities during periods of reemployment; and (3) eligibility for annuities of Members or survivors. Makes deductions and withholding and the formula for Government contributions under FERS for Members and congressional employees conform to those of Federal employees.

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

Timeline

1. 29 March 1995

   Introduced

   Introduced in House

   Source: IntroReferral

2. 29 March 1995

   Introduced

   Referred to the Committee on House Oversight, and in addition to the Committee on Government Reform and Oversight, 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

3. 29 March 1995

   Introduced

   Referred to the Committee on House Oversight, and in addition to the Committee on Government Reform and Oversight, 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

4. 29 March 1995

   Introduced

   Introduced in House

   Source: IntroReferral

5. 4 April 1995

   Referred

   Referred to the Subcommittee on Civil Service.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 29 March 1995 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 29 March 1995

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 29 March 1995

  ViewDownloadOpen at official source

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• Introduced in House

  summary · EN · 29 March 1995

  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. Minge, David [D-MN-2] · D · Sponsor
• Rep. Dickey, Jay [R-AR-4] · R · Sponsor
• Rep. Shays, Christopher [R-CT-4] · R · Sponsor
• Rep. Klug, Scott L. [R-WI-2] · R · Sponsor
• Rep. Barrett, Thomas M. [D-WI-5] · D · Sponsor
• Rep. McHale, Paul [D-PA-15] · D · Sponsor
• Rep. Castle, Michael N. [R-DE-At Large] · R · Sponsor
• Rep. Deal, Nathan [R-GA-9] · D · Sponsor
• Rep. Waldholtz, Enid Greene [R-UT-2] · R · Sponsor
• Rep. Zimmer, Dick [R-NJ-12] · R · Cosponsor
• Sen. Hutchinson, Tim [R-AR] · R · Cosponsor
• Rep. Pomeroy, Earl [D-ND-At Large] · D · Cosponsor
• · hsgo00 · Standing
• · hsha00 · Standing

Related records

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