To allow agencies to offer certain Federal employees an opportunity to take early retirement without having to remain subject to the otherwise applicable reduction, based on age, after attaining age 55.

Summary

Authorizes the head of a Federal agency to offer early retirement to employees of such agency: (1) in any component thereof; (2) in any occupation; (3) in any geographic location; or (4) in any combination of the three. Redetermines the reduction in retirement benefits for such employees caused by such early retirement based on the age the employee attains on his or her next birthday after the commencement of such employee's annuity. Sets forth conditions for early retirement under this Act, including acceptance of early retirement during an election period chosen by the employer. Makes eligible for such early retirement election employees under both the Civil Service Retirement System and the Federal Employees' Retirement System. Authorizes appropriations. Provides for continued eligibility of such employees for Government health and life insurance benefits as retired Federal employees. Places on the retiree responsibility for any Government contributions otherwise payable with respect to an annuitant.

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

Timeline

1. 21 December 1995

   Introduced

   Referred to the House Committee on Government Reform and Oversight.

   Source: IntroReferral

2. 21 December 1995

   Introduced

   Introduced in House

   Source: IntroReferral

3. 21 December 1995

   Introduced

   Introduced in House

   Source: IntroReferral

4. 2 January 1996

   Referred

   Referred to the Subcommittee on Civil Service.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 21 December 1995 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 21 December 1995

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 21 December 1995

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 21 December 1995

  Open at official source

Sponsors

• Rep. Morella, Constance A. [R-MD-8] · R · Sponsor
• Rep. Davis, Tom [R-VA-11] · R · Sponsor
• Del. Norton, Eleanor Holmes [D-DC-At Large] · D · Sponsor
• Rep. Wolf, Frank R. [R-VA-10] · R · Sponsor
• Rep. Moran, James P. [D-VA-8] · D · Sponsor
• Rep. Wynn, Albert Russell [D-MD-4] · D · Sponsor
• Steny Hoyer · D · Sponsor
• · hsgo00 · Standing

Related records

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