H.R.1653 - Agricultural Extended Retirement Credit Act of 1991102nd Congress (1991-1992)
|Sponsor:||Rep. Towns, Edolphus [D-NY-11] (Introduced 03/22/1991)|
|Committees:||House - Government Operations; Post Office and Civil Service|
|Latest Action:||House - 04/04/1991 Referred to the Subcommittee on Compensation and Employee Benefits. (All Actions)|
This bill has the status Introduced
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Summary: H.R.1653 — 102nd Congress (1991-1992)All Information (Except Text)
Introduced in House (03/22/1991)
Agricultural Extended Retirement Credit Act of 1991 - Extends creditable service under the Civil Service Retirement System for periods of service in certain Federal-State cooperative programs which had agricultural or related purposes.
Directs the Secretary of Agriculture to transfer to the Department of Agriculture's Surplus Fund the savings resulting from the expedited retirement of those employees of the Department who have been extended such credit.
Prohibits the obligation or expenditure of any budget authority or outlays saved in any fiscal year by reason of implementation of this Act. Requires the surplus budget authority and outlays transferred to the fund to be: (1) deposited by the Secretary in the Treasury to the credit of the Civil Service Retirement Fund, as a Government contribution; and (2) credited against pay and other personnel costs required to be sequestered under the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act). Requires the Comptroller General to notify the Congress of each instance of noncompliance with the requirements of this Act.