January 7, 2025
Mr. Cassidy introduced the following bill; which was read twice and referred to the Committee on Homeland Security and Governmental Affairs
To exclude locality adjustments from average pay for purposes of computing the amount of retirement annuities of new employees.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
Section 1. Exclusion of locality adjustments from retirement annuities
Section 8401 of title 5, United States Code, is amended—
(1)
in paragraph (3), by inserting , which for a revised average pay employee shall exclude any locality-based comparability payments under section 5304 or 5304a,
after rates of basic pay
;
(2)
in paragraph (38)(B), by striking and
at the end;
(3)
in paragraph (39), by striking the period at the end and inserting ; and
; and
(4)
by adding at the end the following:
(40)
the term revised average pay employee means an individual who—
(A)
on the date of enactment of this paragraph—
(i)
is not an employee or Member covered under this chapter;
(ii)
is not performing civilian service which is creditable service under section 8411; and
(iii)
has not performed any civilian service which is creditable service under section 8411; and
(B)
after the date of enactment of this paragraph, becomes employed as an employee or becomes a Member covered under this chapter performing service which is creditable service under section 8411.