S.Amdt. 543

1. Adds SEC. 2. CONGRESSIONAL RETIREMENT AGE at the end of the bill

   Adds a section

   In S. 1323 · Placed on Calendar Senate

   (b) Sense of the Senate.--It is the sense of the Senate that any agreement to reduce the budget deficit should require that those earning $1,000,000 or more per year make a more meaningful contribution to the deficit reduction effort.

   Inserted: SEC. 2. CONGRESSIONAL RETIREMENT AGE.

   Inserted: (a) Short Title.--This section may be cited as the "Congressional Retirement Age Act of 2011".

   Inserted: (b) CSRS.--Subchapter III of chapter 83 of title 5, United States Code, is amended--

   Inserted: (1) in section 8336, by adding at the end the following:

   Inserted: "(q)(1) An individual serving as a Member on or after the date of enactment of this subsection--

   Inserted: "(A) shall not be eligible for an annuity under any other provision of this section; and

   Inserted: "(B) shall be eligible for an annuity if the individual is separated from the service after attaining retirement age (as defined in section 216(l)(1) of the Social Security Act (42 U.S.C. 416(l)(1)) and completing 5 years of service.

   Inserted: "(2) This subsection applies to an individual serving as a Member on or after the date of enactment of this subsection without regard to whether--

   Inserted: "(A) the individual is separated from the service while serving as an employee or a Member; or

   Inserted: "(B) any service by the individual is subject to section 8334(k)"; and

   Inserted: (2) in section 8338, by adding at the end the following:

   Inserted: "(i)(1) An individual serving as a Member on or after the date of enactment of this subsection--

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   Inserted: "(A) shall not be eligible for an annuity under any other provision of this section; and

   Inserted: "(B) if the individual is separated from the service, or transferred to a position in which the individual does not continue subject to this subchapter, after completing 5 years of service, is eligible for an annuity beginning at retirement age (as defined in section 216(l)(1) of the Social Security Act (42 U.S.C. 416(l)(1)).

   Inserted: "(2) This subsection applies to an individual serving as a Member on or after the date of enactment of this subsection without regard to whether--

   Inserted: "(A) the individual serves as an employee before, on, or after the date of enactment of this subsection; or

   Inserted: "(B) any service by the individual is subject to section 8334(k).".

   Inserted: (c) FERS.--Chapter 84 of title 5, United States Code, is amended--

   Inserted: (1) in section 8412, by adding at the end the following:

   Inserted: "(i)(1) An individual serving as a Member on or after the date of enactment of this subsection--

   Inserted: "(A) shall not be eligible for an annuity under any other provision of this section; and

   Inserted: "(B) shall be eligible for an annuity if the individual is separated from the service after attaining retirement age (as defined in section 216(l)(1) of the Social Security Act (42 U.S.C. 416(l)(1)) and completing 5 years of service.

   Inserted: "(2) This subsection applies to an individual serving as a Member on or after the date of enactment of this subsection without regard to whether the individual is separated from the service while serving as an employee or a Member.";

   Inserted: (2) in section 8413, by adding at the end the following:

   Inserted: "(c)(1) An individual serving as a Member on or after the date of enactment of this subsection--

   Inserted: "(A) shall not be eligible for an annuity under any other provision of this section; and

   Inserted: "(B) if the individual is separated from the service, or transferred to a position in which the individual does not continue subject to this chapter, after completing 5 years of service, is eligible for an annuity beginning at retirement age (as defined in section 216(l)(1) of the Social Security Act (42 U.S.C. 416(l)(1)).

   Inserted: "(2) This subsection applies to an individual serving as a Member on or after the date of enactment of this subsection without regard to whether the individual serves as an employee before, on, or after the date of enactment of this subsection."; and

   Inserted: (3) in section 8414, by adding at the end the following:

   Inserted: "(e) Notwithstanding any other provision of this section, an individual serving as a Member on or after the date of enactment of this subsection who otherwise meets the requirements for an annuity under another provision of this section shall not be entitled to an annuity until after attaining retirement age (as defined in section 216(l)(1) of the Social Security Act (42 U.S.C. 416(l)(1)).".

   Original wording

   At the end of the bill, add the following:

Read automatically from the Congressional Record. Check the original before relying on it.

As printed