S.4314: Protecting Public Safety Employees' Timely Retirement Act of 2022

About This Bill

  • This bill was introduced in the 117th Congress
  • This bill is primarily about finance and financial sector
  • Introduced May 26, 2022
  • Latest Major Action May 26, 2022

Bill Cosponsors

2 (All Democrats)

Bill Version

Bill Summary

Protecting Public Safety Employees' Timely Retirement Act of 2022 This bill modifies the eligible age (age 50) for the exemption from the retirement plan early withdrawal penalty for public safety officers. The bill establishes the age eligibility at age 50 or 25 years of service under the plan, whichever is earlier.

(Source: Library of Congress)

Bill Actions

Date Description
May 26, 2022
Read twice and referred to the Committee on Finance.
May 26, 2022

Introduced in the Senate by Patrick J. Toomey (R-Pa.)

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