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Bill > HR1323


US HR1323

LEO Fair Retirement Act of 2023


summary

Introduced
03/01/2023
In Committee
03/01/2023
Crossed Over
Passed
Dead
01/03/2025

Introduced Session

118th Congress

Bill Summary

A BILL To amend title 5, United States Code, to provide that for purposes of computing the annuity of certain law enforcement officers, any hours worked in excess of the limitation applicable to law enforcement premium pay shall be included in such computation, and for other purposes.

AI Summary

This bill, the LEO Fair Retirement Act of 2023, aims to amend federal law to allow law enforcement officers (LEOs) to receive full credit in their retirement annuity calculations for any overtime hours worked that exceeded the premium pay limitations. Currently, LEOs are not compensated for these excess overtime hours, and this bill seeks to rectify that by allowing them to make a lump-sum payment to cover the missed employer and employee contributions to their retirement. Additionally, the bill expands the availability of availability pay, a type of premium pay, to certain federal law enforcement personnel beyond just criminal investigators. Finally, the bill provides a tax credit to LEOs for the lump-sum payments they make to receive credit for their uncompensated overtime in their retirement calculations.

Committee Categories

Government Affairs

Sponsors (21)

Last Action

Referred to the Committee on Oversight and Accountability, and in addition to the Committee on Ways and Means, 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 03/01/2023)

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