S. 481

A bill to amend chapter 84 of title 5, United States Code, to provide that certain Federal annuity computations are adjusted by 1 percentage point relating to periods of receiving disability payments, and for other purposes.

Latest
        [Congressional Bills 108th Congress]
[From the U.S. Government Publishing Office]
[S. 481 Referred in House (RFH)]

1st Session
S. 481

_______________________________________________________________________

IN THE HOUSE OF REPRESENTATIVES

July 29, 2003

Referred to the Committee on Government Reform

_______________________________________________________________________

AN ACT

To amend chapter 84 of title 5, United States Code, to provide that
certain Federal annuity computations are adjusted by 1 percentage point
relating to periods of receiving disability payments, and for other
purposes.

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

SECTION 1. ANNUITY COMPUTATION ADJUSTMENT FOR PERIODS OF DISABILITY.

(a) In General.--Section 8415 of title 5, United States Code, is
amended--
(1) by redesignating the second subsection (i) as
subsection (k); and
(2) by adding at the end the following:
``(l) In the case of any annuity computation under this section
that includes, in the aggregate, at least 2 months of credit under
section 8411(d) for any period while receiving benefits under
subchapter I of chapter 81, the percentage otherwise applicable under
this section for that period so credited shall be increased by 1
percentage point.''.
(b) Conforming Amendment.--Section 8422(d)(2) of title 5, United
States Code (as added by section 122(b)(2) of Public Law 107-135), is
amended by striking ``8415(i)'' and inserting ``8415(k)''.
(c) Applicability.--The amendments made by this section shall apply
with respect to any annuity entitlement
which is based on a separation from service occurring on or after the
date of enactment of this Act.

Passed the Senate July 28 (legislative day, July 21), 2003.

Attest:

EMILY J. REYNOLDS,

Secretary.