Congressional Retirement Reform Act of 1985

Summary

Congressional Retirement Reform Act of 1985 - Amends civil service retirement provisions to reduce the annuity withholding percentage of the basic pay of Members of Congress from eight percent to seven percent. Subjects Members to the same immediate and deferred retirement provisions and annuity computation methods as apply to other Federal employees. Exempts from provisions of this Act: (1) Members with ten or more years of service; and (2) certain Members separated before its effective date. Exempts Members with at least five years of service before such effective date from the amended withholding provisions and computation methods. Provides for the reimbursement of Members with less than five years of service for amounts withheld in excess of that required by this Act.

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1 official file

• Introduced in House

  summary · EN · 6 November 1985

  Open at official source

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