A bill to provide increases in certain annuities payable under chapter 83 of title 5, United States Code, and for other purposes.

Summary

Provides that the annuity of a retiring Federal employee or Member of Congress shall in no event be less than twelve times the smallest primary insurance amount (including any cost-of-living increase added to that amount) used as a basis for determining the amount of benefits payable to individuals under title II (Old-Age, Survivors', and Disability Insurance) of the Social Security Act. States that the annuity of a survivor payable under this subchapter, or prior comparable provision of law, shall in no event be: (1) in the case of a surviving child, less than 36 times the smallest primary insurance amount (including any cost-of-living increase added to that amount) used as a basis for determining the amount of benefits payable to individuals under title II of the Social Security Act divided by the number of children; and (2) in the case of any other survivor, less than 12 times such primary insurance amount (including any such cost-of-living increase). Provides that an amount payable from the Civil Service Retirement and Disability Fund to a former employee or Member, which is based on a separation occurring prior to October 20, 1969, shall be increased by $300 ($165 in the case of the surviving spouse of an annuitant). (Adds 5 U.S.C. 8339(0), 8341(h))

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Documents

1 official file

• Introduced in House

  summary · EN · 18 April 1973

  Open at official source

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