H.R. 3813 (112th): Securing Annuities for Federal Employees Act of 2012

Introduced:
Jan 24, 2012 (112th Congress, 2011–2013)
Status:
Died (Reported by Committee)
Sponsor
Dennis Ross
Representative for Florida's 12th congressional district
Party
Republican
Text
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Last Updated
Jan 24, 2012
Length
16 pages
Related Bills
H.Res. 547 (rule)

Agreed To (Simple Resolution)
Feb 15, 2012

 
Status

This bill was introduced on February 7, 2012, in a previous session of Congress, but was not enacted.

Progress
Introduced Jan 24, 2012
Referred to Committee Jan 24, 2012
Reported by Committee Feb 07, 2012
 
Full Title

To amend title 5, United States Code, to secure the annuities of Federal civilian employees, and for other purposes.

Summary

No summaries available.

Cosponsors
none
Committees

House House Administration

House Oversight and Government Reform

The committee chair determines whether a bill will move past the committee stage.

 
Primary Source

THOMAS.gov (The Library of Congress)

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Notes

H.R. stands for House of Representatives bill.

A bill must be passed by both the House and Senate in identical form and then be signed by the president to become law.

The bill’s title was written by its sponsor.

GovTrack’s Bill Summary

We don’t have a summary available yet.

Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.


2/9/2012--Reported to House amended, Part I.
Securing Annuities for Federal Employees Act of 2012 - Increases the employee contribution to the Civil Service Retirement System (CSRS) and to the Federal Employees Retirement System (FERS) by .5% of salary in each of calendar years 2013, 2014, and 2015. Reduces the employer contribution to CSRS and FERS by the amount of the increased employee contribution.
Establishes new annuity computation rules for federal employees and Members of Congress who begin service after December 31, 2012, and who have less than five years of civilian service creditable under CSRS or any other retirement system for federal employees (secure annuity employees).
Increases the employee contribution for secure annuity employees and calculates annuities for such employees based upon the average of their highest five years of salary (for current federal employees, the calculation is based on the highest three years of salary).
Eliminates the FERS annuity supplement for employees not subject to mandatory retirement who separate from service after December 31, 2012.
Allows federal employees, including employees of the U.S. Postal Service (USPS) and the Postal Regulatory Commission (PRC), and Members of Congress, to contribute payments received for accumulated and accrued annual or vacation leave to the Thrift Savings Fund.

House Republican Conference Summary

The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.


No summary available.

House Democratic Caucus Summary

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