US Codex
Bill
Notes

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

S. 26 · 119th Congress · Jan 7, 2025 · Lineage

A BILL

Section 1 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.”