S.742 - Congressional Retirement Age Act of 2011112th Congress (2011-2012)
|Sponsor:||Sen. Brown, Sherrod [D-OH] (Introduced 04/06/2011)|
|Committees:||Senate - Homeland Security and Governmental Affairs|
|Latest Action:||05/09/2011 Committee on Homeland Security and Governmental Affairs referred to Subcommittee on Oversight of Government Management, the Federal Workforce, and the District of Columbia. (All Actions)|
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Summary: S.742 — 112th Congress (2011-2012)All Bill Information (Except Text)
Introduced in Senate (04/06/2011)
Congressional Retirement Age Act of 2011 - Prohibits a Member of Congress serving on or after the enactment of this Act from being eligible for an annuity under the Civil Service Retirement System (CSRS) or the Federal Employees' Retirement System (FERS), unless he or she is separated from the service after attaining retirement age under the Social Security Act and completing five years of service.
Makes a Member serving on or after the enactment of this Act ineligible for a CSRS or FERS deferred retirement annuity, unless the Member is separated from the service, or transferred to a position in which the individual does not continue subject to CSRS or FERS annuity requirements, after completing five years of service.
Denies an early retirement annuity under FERS to any Member serving on or after enactment of this Act who otherwise meets FERS early retirement requirements. Delays entitlement to a FERS annuity until after attaining retirement age under the Social Security Act.