S 26

A bill to exclude locality adjustments from average pay for purposes of computing the amount of retirement annuities of new employees.

Summary

This bill excludes locality-based comparability payments from the calculation of retirement and disability annuities for new employees in the Federal Employees’ Retirement System. (General schedule and certain other federal employees receive locality-based comparability payments when their official worksite is located in a geographic area with a pay disparity between federal and non-federal workers of more than 5%.)

Bill status

Status
In committee
Sponsor
Sen. Bill Cassidy [R-LA]
Cosponsors
0
Policy area
Government Operations and Politics
Introduced
2025-01-07
Latest action
2025-01-07: Read twice and referred to the Committee on Homeland Security and Governmental Affairs.

Committee referrals

Recent actions

  • 2025-01-07: Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
  • 2025-01-07: Introduced in Senate