[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[S. 4833 Introduced in Senate (IS)]

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118th CONGRESS
  2d Session
                                S. 4833

   To exclude locality adjustments from average pay for purposes of 
     computing the amount of retirement annuities of new employees.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                             July 30, 2024

  Mr. Cassidy introduced the following bill; which was read twice and 
referred to the Committee on Homeland Security and Governmental Affairs

_______________________________________________________________________

                                 A BILL


 
   To exclude locality adjustments from average pay for purposes of 
     computing the amount of retirement annuities of new employees.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Federal Employee Locality 
Accountability in Retirement Act''.

SEC. 2. EXCLUSION OF LOCALITY ADJUSTMENTS FROM RETIREMENT ANNUITIES.

    Section 8401 of title 5, United States Code, is amended--
            (1) in paragraph (3), by inserting ``, which for a revised 
        average pay employee shall exclude any locality-based 
        comparability payments under section 5304 or 5304a,'' after 
        ``rates of basic pay'';
            (2) in paragraph (38)(B), by striking ``and'' at the end;
            (3) in paragraph (39), by striking the period at the end 
        and inserting ``; and''; and
            (4) by adding at the end the following:
            ``(40) the term `revised average pay employee' means an 
        individual who--
                    ``(A) on the date of enactment of this paragraph--
                            ``(i) is not an employee or Member covered 
                        under this chapter;
                            ``(ii) is not performing civilian service 
                        which is creditable service under section 8411; 
                        and
                            ``(iii) has not performed any civilian 
                        service which is creditable service under 
                        section 8411; and
                    ``(B) after the date of enactment of this 
                paragraph, becomes employed as an employee or becomes a 
                Member covered under this chapter performing service 
                which is creditable service under section 8411.''.
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