113 HR 178 IH: End Pensions in Congress Act
U.S. House of Representatives
2013-01-04
text/xml
EN
Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
1.This Act may be cited as the
End Pensions in Congress
Act
or the EPIC
Act
.
2.Amendments
relating to the Civil Service Retirement System
(a)Subchapter III of chapter 83 of title 5, United States
Code, is amended by inserting after section 8335 the following:
8335a.Termination
of further retirement coverage of Members of Congress
(a)Notwithstanding any
other provision of this subchapter and subject to subsection (f), effective as
of the date of enactment of this section—
(1)a Member shall not
be subject to this subchapter for any further period of time; and
(2)no further
Government contributions or deductions from basic pay may be made with respect
to such Member for deposit in the Treasury of the United States to the credit
of the Fund.
(b)Prior rights not
affectedNothing in subsection (a) shall be considered to
nullify, modify, or otherwise affect any right, entitlement, or benefit under
this subchapter with respect to any Member covering any period prior to the
date of enactment of this section.
(c)Right To
participate in thrift savings plan not affectedNothing in
subsection (a) shall affect the eligibility of a Member to participate in the
Thrift Savings Plan in accordance with otherwise applicable provisions of
law.
(d)Any
regulations necessary to carry out this section may—
(1)except with
respect to matters under subparagraph (B), be prescribed by the Director of the
Office of Personnel Management; and
(2)with respect to
matters relating to the Thrift Savings Plan, be prescribed by the Executive
Director (as defined by section 8401(13)).
(e)For
purposes of this section, the term Member does not include the
Vice President.
(f)Not later than 90 days after the date of
enactment of this section, a Member covered by this subchapter as of such date
may elect, by giving notice in writing to the official by whom he is paid, to
remain subject to this
subchapter.
.
(b)The table of sections at the beginning of chapter 83 of
title 5, United States Code, is amended by inserting after the item relating to
section 8335 the following:
8335a. Termination of further retirement
coverage of Members of
Congress.
.
3.Amendments
relating to the Federal Employees’ Retirement System
(a)Subchapter II of chapter 84 of title 5, United States
Code, is amended by inserting after section 8425 the following:
8425a.Termination
of further retirement coverage of Members of Congress
(a)Notwithstanding any
other provision of this chapter, effective as of the date of enactment of this
section—
(1)subject to
subsection (f), in the case of an individual who first becomes a Member before
such date of enactment—
(A)such Member shall
not be subject to this chapter for any further period of time after such date
of enactment; and
(B)no further
Government contributions or deductions from basic pay may be made with respect
to such Member for deposit in the Treasury of the United States to the credit
of the Fund; and
(2)in the case of an
individual who first becomes a Member on or after such date of
enactment—
(A)such Member shall
not be subject to this chapter; and
(B)no Government
contributions or deductions from basic pay may be made with respect to such
Member for deposit in the Treasury of the United States to the credit of the
Civil Service Retirement and Disability Fund.
(b)Prior rights not
affectedNothing in subsection (a) shall be considered to
nullify, modify, or otherwise affect any right, entitlement, or benefit under
this chapter with respect to any Member covering any period prior to the date
of enactment of this section.
(c)Right To
participate in thrift savings plan not affectedNothing in
subsection (a) shall affect the eligibility of a Member to participate in the
Thrift Savings Plan in accordance with otherwise applicable provisions of
law.
(d)
(1)Any regulations necessary to carry out this section
may—
(A)except with
respect to matters under subparagraph (B), be prescribed by the Director of the
Office of Personnel Management; and
(B)with respect to
matters relating to the Thrift Savings Plan, be prescribed by the Executive
Director (as defined by section 8401(13)).
(2)Notwithstanding
subsection (b), the regulations under paragraph (1)(A) shall, in the case of a
Member who has not completed at least 5 years of civilian service as of the
date of enactment of this section, provide that the lump-sum credit shall be
payable to such Member to the same extent and in the same manner as if such
Member satisfied paragraphs (1) through (4) of section 8424(a) as of such date
of enactment.
(e)For
purposes of this section, the term Member does not include the
Vice President.
(f)Not later than 90 days after the date of
enactment of this section, a Member covered by this chapter as of such date may
elect, by giving notice in writing to the official by whom he is paid, to
remain subject to this
chapter.
.
(b)The table of sections at the beginning of chapter 84 of
title 5, United States Code, is amended by inserting after the item relating to
section 8425 the following:
8425a. Termination of further retirement
coverage of Members of
Congress.
.