Summary: H.R.348 — 110th Congress (2007-2008)All Information (Except Text)

There is one summary for H.R.348. Bill summaries are authored by CRS.

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Introduced in House (01/09/2007)

Congressional Pension Forfeiture Act of 2007 - Amends federal civil service law, with respect to both the Civil Service Retirement System (CSRS) and the Federal Employees' Retirement System (FERS), to require the Office of Personnel and Management (OPM) to prescribe regulations that deny eligibility under CSRS or FERS for a Member convicted of certain offenses that are: (1) committed by the individual while a Member, (2) related to the individual's service as a Member, and (3) committed during the 111th Congress or later. Refunds annuity contributions and deposits, excluding interest earned, to a convicted individual.

Defines Member as the Vice President, a member of the Senate or the House of Representatives, a Delegate to the House of Representatives, and the Resident Commissioner from Puerto Rico.

Requires forfeit of Thrift Savings Plan contributions made by the government for the benefit of an individual, and all earnings attributed to such contributions, as a result of the Member's conviction.