H.R.2574: To amend the provisions of title 5, United States Code, that provide for a 2 percent reduction in retirement benefits for each year that the employee is under age 55 at the time of retiring.

About This Bill

Bill Summary

Amends Federal civil service law with respect to the Federal Civil Service Retirement System to modify annuity computations for certain early retirees at least 50 years old, replacing the current fixed percentage reduction (generally one-sixth of 1 percent per month) with a graduated scale of several different fixed percentage reductions lower than the current ones, applicable according to the retiree's particular under-55 age group.

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Government Reform and Oversight. Educational Opportunities, 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.
Referred to the Subcommittee on Civil Service.
Nov. 1, 1995

Introduced in the House by Albert Russell Wynn (D-Md.)

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