Similar bills have been introduced in prior years, with sponsors noting that the levels have not changed since they were established in 1997 and 1966. Image: LauGSmith/Shutterstock.com
By: FEDweek StaffA bill (HR-5995) has been reintroduced in the House to allow FERS employees with federal service time under temporary appointments during which they did not make retirement contributions to gain credit for that time by paying a deposit.
“Before 1989, the Office of Personnel Management permitted federal employees to make catch-up payments, enabling them to compensate for years they didn’t contribute to their retirement accounts,” sponsors said in a statement. The bill “aims to reinstate the option for employees hired post-1989, allowing them to retroactively purchase the time they served as temporary federal employees, mirroring the terms that existed before 1989.”
Also recently reintroduced were HR-5883 and S-3029, to increase the death benefit paid to federal employees killed in the line of duty from $10,000 to the $100,000 for deaths in the line of duty and increase that amount annually by inflation; and increase the payment for funeral expenses from $800 to $8,800, also inflation-adjusted.
Similar bills have been introduced in prior years, with sponsors noting that the levels have not changed since they were established in 1997 and 1966, respectively.
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