To Maintain the Ratio on Cost-of-living Increases for Current Federal Employees' Salaries and Retired Federal Employees' Benefits: Hearing Before the Subcommittee on Civil Service, Post Office, and General Services of the Committee on Governmental Affairs, United States Senate, Ninety-seventh Congress, Second Session on S. 1380 ... May 20, 1982 |
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Page 2
... workers currently in the jobs from which they retired . I might also add it is unfortunate that we have to have a costly hearing to eliminate this inequity . The issue is one of simple fairness . The retired employee should not end up ...
... workers currently in the jobs from which they retired . I might also add it is unfortunate that we have to have a costly hearing to eliminate this inequity . The issue is one of simple fairness . The retired employee should not end up ...
Page 14
... employees themselves . That would stop this problem about adjustments through retirement COLA's . But the reason that they are going to be capped , in my opinion , and I think they will be by the ... employee , that salary base of 14.
... employees themselves . That would stop this problem about adjustments through retirement COLA's . But the reason that they are going to be capped , in my opinion , and I think they will be by the ... employee , that salary base of 14.
Page 22
... employee or Member , the date the employ- ee's or Member's annuity commenced ) and the date of the adjustment under this section ; or " ( ii ) the rate of pay paid on the date of the adjustment under this section for GS - 18 of the ...
... employee or Member , the date the employ- ee's or Member's annuity commenced ) and the date of the adjustment under this section ; or " ( ii ) the rate of pay paid on the date of the adjustment under this section for GS - 18 of the ...
Page 23
... Member for at least 6 months during the period on which the employee's or Member's average pay is based . " ( 3 ) The Office shall prescribe regulations for the appli- 16 cation of this section for an annuitant who becomes employed 17 ...
... Member for at least 6 months during the period on which the employee's or Member's average pay is based . " ( 3 ) The Office shall prescribe regulations for the appli- 16 cation of this section for an annuitant who becomes employed 17 ...
Page 29
... employee contributions when the agencies have erroneously failed to make such deposits on time . This would provide ... member , which are attributable to the service of the same employee . Here again , recovery could be waived if the ...
... employee contributions when the agencies have erroneously failed to make such deposits on time . This would provide ... member , which are attributable to the service of the same employee . Here again , recovery could be waived if the ...
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Common terms and phrases
1982 effective date amending subsection amends section amount annuities commencing annuity which commences assuming a July average pay bill Chairman Civil Service annuities Civil Service Retirement COLA COLA's commencing date computing Congress Consumer Price Index COSGROVE current law date of enactment DAVID PRYOR December 31 deposits DEVINE disability annuity disability retirement earning capacity eliminate employee or Member end thereof equity Federal employees fiscal year 1983 grade or level Hastings Keith index published individual inserting in lieu lieu thereof limit Civil Service MACK MATTINGLY ment minimum annuity Office of Personnel percentage determined Personnel Management position proposal read as follows receive annuities redeposit requirement restoration to earning Retirement cost-of-living adjustments retirement deductions retirement program salary section 2 amends Senate Budget Committee Senator MATTINGLY Senator STEVENS service credit Service Retirement cost-of-living Service Retirement System Social Security subchapter subsection b)(1 thereof the following U.S. Postal Service U.S. SENATE United States Code
Popular passages
Page 27 - The Bureau of the Budget advises that enactment of the proposed legislation would be in accord with the program of the President. A similar letter is being sent to the Speaker of the House of Representatives. Sincerely yours, ORVILLE L. FREEMAN, Secretary.
Page 32 - ... (c) The annuity of a retired employee or Member terminates on the day death or other terminating event provided by this subchapter occurs. The annuity of a survivor terminates on the last day of the month before death or other terminating event occurs. (d) An individual entitled to annuity from the Fund may decline to accept all or any part of the annuity by a waiver signed and filed with the Office of Personnel Management. The waiver may be revoked in writing at any time. Payment of the annuity...
Page 36 - Code, and for other purposes. 1 Be it enacted, by the Senate and House of Representatives of the 2 United States of America in Congress assembled, That...
Page 6 - And I would be very happy to answer any questions you have about that as the session goes on.
Page 47 - ... average applies. (b) Interest is allowed on current deductions and deposits at the rate of 4 percent to December 31, 1947, and 3 percent thereafter, compounded annually, to December 31, 1956. However, if an employee or Member, before completing 5 years...
Page 26 - Retirement cost-of-living adjustments (COLA's) to the lesser of the increase in the Consumer Price Index or the increase In General Schedule pay.
Page 36 - Member covering earlier service ; and (C) interest on the deductions and deposits at 4 percent a year to December 31, 1947, and 3 percent a year thereafter compounded annually to December 31, 1956, or, in the case of an employee or Member separated or transferred to a position in which he does not continue subject to this subchapter before he has completed 5 years of civilian service, to the date of the separation or transfer ; but does not include interest — (i) if the service covered thereby...
Page 45 - ... Member, and who is adopted by the surviving spouse of the employee or Member after his death; * * • * • (b)(l) Except as provided in paragraph (2) of this subsection, if an employee or Member dies after having retired under this subchapter and is survived by a spouse to whom he was married at the time of retirement, or by a widow or widower whom he married after retirement, the spouse, widow...
Page 4 - ... regards, Mrs. GEORGE C. HATCH, President, The Standard Corporation. (The editorial referred to will be found in the files of the committee.) Mr. TAYLOR. I have here a letter addressed to Mr. Burton from Mr. H. Bernell Lewis, chairman of the Kane County Commission. In the absence of objection, it will be made part of the record. (The letter referred to follows :) OFFICE OF KANE COUNTY COMMISSION, Kanab, Utah, August 28, /570.
Page 20 - The committee will stand in recess. Thank you, very much. [Whereupon, at 12:55 pm.