Congressional Pay Act of 1981

[AI summary unavailable — showing source text] Congressional Pay Act of 1981 - Amends the Legislative Reorganization Act of 1946 to make the annual rate of pay for Members of Congress the rate payable immediately before the date of enactment of this Act (presently such rate is determined by the Commission on Executive, Legislative, and Judicial Salaries). Sets forth a formula for the reduction of annual rates in any pay period in which the Consumer Price Index reported a percentage increase during the preceding pay period. Amends the Federal Salary Act of 1967 to repeal the authority of the Commission on Executive, Legislative, and Judicial Salaries to review the rates of pay of Members of Congress.…