HR 2487 · 104th Congress · Government Operations and Politics

Agricultural Extended Retirement Credit Act

Introduced 1995-10-17· Sponsored by Rep. Rose, Charlie [D-NC-7]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Civil Service.(1995-10-25)

Plain Language Summary

[AI summary unavailable — showing source text] Agricultural Extended Retirement Credit Act - Extends creditable service under the Civil Service Retirement System for periods of service in certain Federal-State cooperative programs which had agricultural or related purposes. Requires the Office of Personnel Management (OPM) to prescribe specific instructions to be followed by the Secretary of Agriculture in determining eligibility for extended credit for such periods of service, and by individuals in making application for such extended credit. Provides for appropriate annuity adjustments upon certification by the Secretary to the Office of Personnel Management (OPM) in response to annuitant applications. Provides for a limitation on replacement of retirees at the Department of Agriculture, except in certain circumstances. Prohibits the obligation or expenditure of any budget authority or outlays saved in any fiscal year by reason of implementation of this Act. Requires transfer to the Department's surplus fund of the savings resulting from the expedited retirement of those employees of the Department who have been extended such credit. Requires the surplus budget authority and outlays so transferred to be: (1) deposited by the …

Summarized by Claude AI · Non-partisan · For informational purposes only