Congressional Pension Accountability Act
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Overview
The Congressional Pension Accountability Act modifies the Civil Service Retirement System (CSRS) and the Federal Employees Retirement System (FERS) to address the annuity eligibility of Members of Congress who are expelled or resign under certain misconduct circumstances. Specifically, if an individual is expelled or resigns after an ethics investigation finds substantial reason to believe they violated ethical standards, their prior congressional service will not be credited towards their annuity eligibility. The bill also outlines procedures for refunding contributions and clarifies that previously paid annuity benefits are not affected by this change.
Key provisions
- Expelled or resigning Members’ prior congressional service will not be creditable for annuity eligibility.
- Resignation requires a majority vote by an ethics subcommittee to trigger non-creditability.
- The bill applies to both the CSRS and FERS retirement systems.
- Contributions to a thrift savings plan made during non-creditability are forfeited.
- The Committee on Ethics must preserve investigative materials.
- A pardon does not restore forfeited annuities.
- The Office of Personnel Management must create regulations to implement the changes.
- The definition of ‘Member service’ is clarified to include the period from election/appointment to taking office.
Who is affected
- Members of Congress
- Federal employees covered by the CSRS and FERS
- The Office of Personnel Management
Bill text
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Sponsors
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4 on record
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