S. 26

119th CONGRESS 1st Session

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

IN THE SENATE OF THE UNITED STATES · January 7, 2025 · Sponsor: Mr. Cassidy · Committee: Committee on Homeland Security and Governmental Affairs

Table of contents

• S. 26
  • SEC. 1. Exclusion of locality adjustments from retirement annuities

SEC. 1. Exclusion of locality adjustments from retirement annuities

• Section 8401 of title 5, United States Code, is amended—
  • in paragraph (3), by inserting after ;
  • in paragraph (38)(B), by striking and at the end;
  • in paragraph (39), by striking the period at the end and inserting ; and; and
    • the term revised average pay employee means an individual who—
      • 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
      • 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.
  • by adding at the end the following: