HOUSE 1323118th CongressReferred to the Committee on Oversight and Accountability, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

LEO Fair Retirement Act of 2023

Last Action: 3/1/2023

Actions

2023-03-01Referred to the Committee on Oversight and Accountability, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
2023-03-01Referred to the Committee on Oversight and Accountability, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
2023-03-01Introduced in House
2023-03-01Introduced in House

CRS Summary

As of 2023-03-01 (00)

LEO Fair Retirement Act of 2023

This bill makes a series of changes to certain retirement and premium pay calculations for federal law enforcement officers (LEOs).

Specifically, the bill provides that for purposes of computing the annuity of an LEO under the Civil Service Retirement System and the Federal Employees Retirement System, any premium pay earned by such LEO in excess of limitations imposed on such pay shall be included in the LEO's average pay, contingent on the payment of a specified lump sum by the LEO to the Office of Personnel Management. The bill allows for a nonrefundable tax credit with respect to such lump-sum payments.

The bill also makes postal inspectors, federal air marshals, and other specified personnel eligible for availability pay (i.e., premium pay paid to LEOs who are criminal investigators).

Cosponsors (20)

Don Bacon (R-NE)
Brian Fitzpatrick (R-PA)
Gerald Connolly (D-VA)
Lori Chavez-DeRemer (R-OR)
Marcus Molinaro (R-NY)
Josh Gottheimer (D-NJ)
Thomas Kean (R-NJ)
CHRISTOPHER SMITH (R-NJ)
Wiley Nickel (D-NC)
Michael Lawler (R-NY)
Henry Cuellar (D-TX)
Jefferson Van Drew (R-NJ)
Pete Stauber (R-MN)
Emanuel Cleaver (D-MO)
Matt Cartwright (D-PA)
Nicholas Langworthy (R-NY)
Anthony D'Esposito (R-NY)
Eric Sorensen (D-IL)
Jared Moskowitz (D-FL)
Elise Stefanik (R-NY)

Read on Congress.gov

Sourced from Congress.gov (public domain).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.