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H.R. 4431 - Correcting Miscalculations in Veterans’ Pensions Act

Introduced: 2018-09-27
Bill Status: Received in the Senate and Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
 
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Full Text


115th CONGRESS
2d Session
H. R. 4431


IN THE SENATE OF THE UNITED STATES

September 27, 2018

    Received; read twice and referred to the Committee on Homeland Security and Governmental Affairs


AN ACT

    To amend title 5, United States Code, to provide for interest payments by agencies in the case of administrative error in processing certain annuity deposits for prior military service or certain volunteer service, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “Correcting Miscalculations in Veterans’ Pensions Act”.

SEC. 2. Error in processing of annuity deposit for former members of the uniformed services.

(a) CSRS.—Section 8334(j) of title 5, United States Code, is amended by adding at the end the following:

“(6)(A) In calculating and processing the deposit under paragraph (1) with respect to an employee, Member, or annuitant, if the employing agency of such employee, Member, or annuitant makes an administrative error, such employing agency may pay, on behalf of the employee, Member, or annuitant, any additional interest assessed due to the administrative error.

“(B) For purposes of subparagraph (A), the Secretary of the Senate or the Chief Administrative Officer of the House of Representatives, as appropriate, shall be considered the employing agency of a Member or Congressional employee.

“(C) The Director of the Office of Personnel Management shall issue such regulations as are necessary to carry out this paragraph.”.

(b) FERS.—Section 8422(e) of title 5, United States Code, is amended by adding at the end the following:

“(7)(A) In calculating and processing the deposit under paragraph (1) with respect to an employee, Member, or annuitant, if the employing agency of such employee, Member, or annuitant makes an administrative error, such employing agency may pay, on behalf of the employee, Member, or annuitant, any additional interest assessed due to the administrative error.

“(B) For purposes of subparagraph (A), the Secretary of the Senate or the Chief Administrative Officer of the House of Representatives, as appropriate, shall be considered the employing agency of a Member or Congressional employee.

“(C) The Director of the Office of Personnel Management shall issue such regulations as are necessary to carry out this paragraph.”.

SEC. 3. Error in processing of annuity deposit for certain volunteers.

(a) CSRS.—Section 8334(l) of title 5, United States Code, is amended by adding at the end of the following:

“(5)(A) In calculating and processing the deposit under paragraph (1) with respect to an employee, Member, or annuitant, if an employing agency of such employee, Member, or annuitant makes an administrative error that causes additional interest assessed to accrue on the deposit, the employing agency may pay, on behalf of the employee, Member, or annuitant, any additional interest assessed due to the administrative error.

“(B) In calculating and processing the deposit under paragraph (1) with respect to an employee, Member, or annuitant, if the Office of Personnel Management makes an administrative error that causes additional interest assessed to accrue on the deposit, the Office of Personnel Management may pay, on behalf of the employee, Member, or annuitant, any additional interest assessed due to the administrative error.

“(C) For purposes of subparagraph (A), the Secretary of the Senate or the Chief Administrative Officer of the House of Representatives, as appropriate, shall be considered the employing agency of a Member or congressional employee.

“(D) The Director of the Office of Personnel Management shall issue such regulations as are necessary to carry out this paragraph.”.

(b) FERS.—Section 8422(f) of title 5, United States Code, is amended by adding at the end of the following:

“(5)(A) In calculating and processing the deposit under paragraph (1) with respect to an employee, Member, or annuitant, if an employing agency of such employee, Member, or annuitant makes an administrative error that causes additional interest assessed to accrue on the deposit, the employee, Member, or annuitant’s employing agency may pay, on behalf of the employee, Member, or annuitant, any additional interest assessed due to the administrative error.

“(B) In calculating and processing the deposit under paragraph (1) with respect to an employee, Member, or annuitant, if the Office of Personnel Management makes an administrative error that causes additional interest assessed to accrue on the deposit, the Office of Personnel Management may pay, on behalf of the employee, Member, or annuitant, any additional interest assessed due to the administrative error.

“(C) For purposes of subparagraph (A), the Secretary of the Senate or the Chief Administrative Officer of the House of Representatives, as appropriate, shall be considered the employing agency of a Member or congressional employee.

“(D) The Director of the Office of Personnel Management shall issue such regulations as are necessary to carry out this paragraph.”.

(c) Authorization of payments.—All payments from the Office of Personnel Management authorized by subsections (a) and (b) shall be paid from the Civil Service Retirement and Disability Fund, and together with administrative expenses incurred by the Office in administering these subsections, shall be deemed to have been authorized to be paid from that Fund, which is appropriated for the payment thereof.

Passed the House of Representatives September 26, 2018.

    Attest:karen l. haas,   
    Clerk.

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