Sec. 5001. INCREASE IN CONTRIBUTIONS TO FEDERAL EMPLOYEES’ RETIREMENT SYSTEM FOR NEW EMPLOYEES
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## SEC. 5001 INCREASE IN CONTRIBUTIONS TO FEDERAL EMPLOYEES’ RETIREMENT SYSTEM FOR NEW EMPLOYEES ###
(a)Definitions Section 8401 of title 5, United States Code, is amended— ####
(1)in paragraph (35), by striking “and” at the end; ####
(2)in paragraph (36), by striking the period and inserting “; and”; and ####
(3)by adding at the end the following: > > #### “(37) > > the term ‘revised annuity employee’ means any individual who— > > > ##### “(A) > > on December 31, 2012— > > > ###### “(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 less than 5 years of creditable civilian service under section 8411; and > > > ##### “(B) > > after December 31, 2012, becomes employed as an employee or becomes a Member covered under this chapter performing service which is creditable service under section 8411.” > . ###
(b)Increase in Contributions Section 8422(a)(3) of title 5, United States Code, is amended— ####
(1)by striking “The applicable percentage under this paragraph for civilian service” and inserting “(A) The applicable percentage under this paragraph for civilian service by employees or Members other than revised annuity employees”; and ####
(2)by adding at the end the following: > > ##### “(B) > > The applicable percentage under this paragraph for civilian service by revised annuity employees shall be as follows: ``Employee9.3After December 31, 2012.Congressional employee9.3After December 31, 2012.Member9.3After December 31, 2012.Law enforcement officer, firefighter, member of the Capitol Police, member of the Supreme Court Police, or air traffic controller9.8After December 31, 2012.Nuclear materials courier9.8After December 31, 2012.Customs and border protection officer9.8After December 31, 2012.''. > ###
(c)Reduction in Congressional Annuities ####
(1)In general Section 8415 of title 5, United States Code, is amended— #####
(A)by redesignating subsections
(d)through
(m)as subsections
(e)through (n), respectively; and #####
(B)by inserting after subsection
(c)the following: > > ### “(d) > > Notwithstanding any other provision of law, the annuity of an individual described in subsection
(b)or
(c)who is a revised annuity employee shall be computed in the same manner as in the case of an individual described in subsection (a).” > . ####
(2)Technical and conforming amendments #####
(A)Section 8422(d)(2) of title 5, United States Code, is amended by striking “section 8415(l)” and inserting “section 8415(m)”. #####
(B)Section 8452(d)(1) of title 5, United States Code, is amended by striking “subsection (g)” and inserting “subsection (h)”. #####
(C)Section 8468(b)(1)(A) of title 5, United States Code, is amended by striking “section 8415(a) through (h)” and inserting “section 8415(a) through (i)”. #####
(D)Section 805(a)(2)(B) of the Foreign Service Act of 1980 (22 U.S.C. 4045(a)(2)(B)) is amended by striking “section 8415(d)” and inserting “section 8415(e)”. #####
(E)Section 806(a) of the Foreign Service Act of 1980 (22 U.S.C. 4046(a)) is amended by striking “section 8415(d)” each place it appears and inserting “section 8415(e)”. #####
(F)Section 855(b) of the Foreign Service Act of 1980 (22 U.S.C. 4071d(b)) is amended— ######
(i)in paragraph (2)(A), by striking “section 8415(d)(1)” and inserting “section 8415(e)(1)”; and ######
(ii)in paragraph (5), by striking “section 8415(f)(1)” and inserting “section 8415(g)(1)”. #####
(G)Section 303(b)(1) of the Central Intelligence Agency Retirement Act (50 U.S.C. 2153(b)(1)) is amended by striking “section 8415(d)” and inserting “section 8415(e)”.
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Sec. 5001
INCREASE IN CONTRIBUTIONS TO FEDERAL EMPLOYEES’ RETIREMENT SYSTEM FOR NEW EMPLOYEES
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