District of Columbia Pension Liability Funding Reform Act of 1996

Summary

TABLE OF CONTENTS: Title I: Federal Contribution to District of Columbia Pension Funds Title II: Changes in Retirement Benefits Subtitle A: Police Officers' and Fire Fighters' Contribution Title III: Effective Date Subtitle B: Teachers' Contribution Subtitle C: Judges' Contribution District of Columbia Pension Liability Funding Reform Act of1996 - Title I: Federal Contribution to District of Columbia Pension Funds - Amends the District of Columbia Retirement Reform Act to increase and extend through FY 2036 the Federal contributions to the District of Columbia Police Officers and Fire Fighters', Teachers', and Judges' Retirement Funds. Title II: Changes in Retirement Benefits - Subtitle A: Police Officers' and Fire Fighters' Contribution - Amends the Policemen and Firemen's Retirement and Disability Act to increase retirement contributions withheld from the basic salary of members or officers of the Metropolitan Police force or the Fire Department of the District of Columbia. Provides for annual (currently, biannual) cost-of-living adjustments of retirement annuities for such individuals. Repeals provisions of the District of Columbia Police and Firemen's Salary Act of 1953 regarding pension relief allowances or retirement compensation increases for certain individuals. Subtitle B: Teachers' Contribution - Increases retirement contributions withheld from the basic salary of District of Columbia public school teachers. Provides for annual (currently, biannual) cost-of-living adjustments for such individuals. Subtitle C: Judges' Contribution - Increases retirement contributions withheld from the basic salary of District of Columbia judges. Title III: Effective Date - Makes this Act effective on October 1, 1996.

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3 official files

• Introduced in House (text)

  Introduced in House · EN · 2 May 1996

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• Introduced in House (PDF)

  Introduced in House · EN · 2 May 1996

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• Introduced in House

  summary · EN · 2 May 1996

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