summary
Introduced
02/12/2019
02/12/2019
In Committee
12/23/2019
12/23/2019
Crossed Over
12/23/2019
12/23/2019
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
116th Congress
Bill Summary
Members of Congress Pension Opt Out Clarification Act This bill allows future Members of the House of Representatives to opt out of the Federal Employees Retirement System, an option currently available to Members of the House who began serving before September 30, 2003, and all Senators. In addition, it permits Members of Congress who opt out to continue to participate in the Thrift Savings Plan.
AI Summary
This bill allows future Members of the House of Representatives to opt out of the Federal Employees Retirement System (FERS), an option currently available to Members of the House who began serving before September 30, 2003, and all Senators. Additionally, it permits Members of Congress who opt out of FERS to continue to participate in the Thrift Savings Plan, which is a retirement savings and investment plan for federal employees.
Committee Categories
Government Affairs, Military Affairs and Security
Sponsors (2)
Last Action
Referred to the Committee on House Administration, and in addition to the Committee on Oversight and Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. (on 12/23/2019)
Official Document
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bill summary
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