S. 1799

Government Pension Offset Reform Act

Latest

II

109th CONGRESS

1st Session

S. 1799

IN THE SENATE OF THE UNITED STATES

September 29, 2005

Ms. Mikulski (for herself, Mr. Voinovich, Mr. Akaka, Mr. Biden, Mr. Dorgan, Mr. Durbin, Mr. Harkin, Mrs. Murray, Mr. Sarbanes, Mr. Schumer, and Mr. Warner) introduced the following bill; which was read twice and referred to the Committee on Finance

A BILL

To amend title II of the Social Security Act to provide that the reductions in social security benefits which are required in the case of spouses and surviving spouses who are also receiving certain government pensions shall be equal to the amount by which two-thirds of the total amount of the combined monthly benefit (before reduction) and monthly pension exceeds $1,200, adjusted for inflation.

1.

Short title

This Act may be cited as the Government Pension Offset Reform Act.

2.

Limitation on reductions in benefits for spouses and surviving spouses receiving Government pensions

(a)

Insurance benefits

Section 202(k)(5)(A) of the Social Security Act (42 U.S.C. 402(k)(5)(A)) is amended—

(1)

by inserting the amount (if any) by which the sum of such benefit (before reduction under this paragraph) and after two-thirds of; and

(2)

by inserting exceeds the amount described in paragraph (6) for such month, before if.

(b)

Amount described

Section 202(k) of the Social Security Act (42 U.S.C. 402(k)) is amended by adding at the end the following:

(6)

The amount described in this paragraph is, for months in each 12-month period beginning in December of 2005, and each succeeding calendar year, the greater of—

(A)

$1,200; or

(B)

the amount applicable for months in the preceding 12-month period, increased by the cost-of-living adjustment for such period determined for an annuity under section 8340 of title 5, United States Code (without regard to any other provision of law).

.

(c)

Limitations on reductions in benefits

Section 202(k) of the Social Security Act (42 U.S.C. 402(k)), as amended by subsection (b), is amended by adding at the end the following:

(7)

For any month after December 2005, in no event shall an individual receive a reduction in a benefit under paragraph (5)(A) for the month that is more than the reduction in such benefit that would have applied for such month under such paragraph as in effect on December 1, 2005.

.

3.

Effective date

The amendments made by section 2 shall apply with respect to monthly insurance benefits payable under title II of the Social Security Act for months after December 2005.