Summary

1/3/2013--Introduced.Termination of Lifelong Pensions for Members of Congress Act - Amends the Civil Service Retirement System (CSRS) and the Federal Employees' Retirement System (FERS) to exclude Members of... Read More

Status

This bill was introduced on Jan 3, 2013, in a previous session of Congress, but was not passed.

Bill Text

A BILL

To amend title 5, United States Code, to provide for the termination of further retirement benefits for Members of Congress, except the right to continue participating in the Thrift Savings Plan.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

This Act may be cited as the ``Termination of Lifelong Pensions for Members of Congress Act''.

SEC. 2. TERMINATION OF FURTHER RETIREMENT BENEFITS FOR MEMBERS OF CONGRESS.

(a) Amendments Relating to the Civil Service Retirement System.-- (1) In general.--Subchapter III of chapter 83 of title 5, United States Code, is amended by inserting after section 8335 the following: ``Sec. 8335a. Termination of further retirement coverage of Members of Congress ``(a) In General.--Notwithstanding any other provision of this subchapter and subject to subsection (f), effective on the date that is 90 days after the date of enactment of this section-- ``(1) a Member shall not be subject to this subchapter for any further period of time; and ``(2) no further Government contributions or deductions from basic pay may be made with respect to such Member for deposit in the Treasury of the United States to the credit of the Fund. ``(b) Prior Rights Not Affected.--Nothing in subsection (a) shall be considered to nullify, modify, or otherwise affect any right, entitlement, or benefit under this subchapter with respect to any Member covering any period prior to the date of enactment of this section. ``(c) Right To Participate...

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Nation

111 Supporting
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State: CA

5 Supporting
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100% 0%

District: 1st

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Users Supporting

I support H.R. 151: Termination of Lifelong Pensions for Members of Congress Act because of the critical state of the People of this United States. While all across this nation, people that were once hard working, sacrificing, selfless and giving individuals with means to succeed, are now among the disadvantaged. The elected citizens of this congress have determined the importance of increasing their congressional expense budgets, retirement/pensions and personal salary due to increasing inflation for services and goods, so as to maintain a level comfort that is rarely seen by the citizens. For several generations, Working Class American citizens have adjusted their lifestyles and habits to compensate for times of crisis when called upon to do so by the government. (e.i.WW2 Victory Gardens) With these times of hardship, comes a better understanding of what is truly needed and what is selfishly coveted. We sacrifice and "do without" for the future betterment of all whom we love and care for, and for this Nation. We the People can Lead by Example if you are ready and willing to learn and follow.

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IL
12
KimberlyBates
IL-12
2 years ago

I support H.R. 151 ("to provide for the termination of further retirement benefits for Members of Congress, except the") because...this is should have been done decades ago. Congress isn't a job with retirement benefits, it's a priveledge to serve and be voted into Congress.

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TX
4
AmyCusterTroxel
TX-4
2 years ago

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Bill Summary

1/3/2013--Introduced.Termination of Lifelong Pensions for Members of Congress Act - Amends the Civil Service Retirement System (CSRS) and the Federal Employees' Retirement System (FERS) to exclude Members of Congress, except the Vice President, from further CSRS and FERS retirement coverage. Prohibits further government contributions or deductions from such Member's basic pay for deposit in the Treasury to the credit of the Civil Service Retirement and Disability Fund. States that nothing in this Act shall: (1) be considered to nullify, modify, or otherwise affect any right, entitlement, or benefit under CSRS or FERS for any Member covering any period before the enactment of this Act; or (2) affect the eligibility of a Member to participate in the Thrift Savings Plan (TSP) in accordance with otherwise applicable law. Allows Members covered by such exclusion, within 90 days after enactment of this Act, to elect to remain subject to CSRS or FERS, as the case may be.

H.R. 150The Congressional Pay Reduction Act H.R. 152The Disaster Relief Appropriation Act