H.R. 4431 — Introduced in House

I 115th CONGRESS 1st Session H. R. 4431 IN THE HOUSE OF REPRESENTATIVES November 16, 2017Mr. Carter of Georgia (for himself, Mr. Jody B. Hice of Georgia, Mr. Banks of Indiana, Mrs. Radewagen, Mr. Meadows, Mrs. Handel, Mr. Higgins of Louisiana, Mr. Gomez, and Mr. Welch) introduced the following bill; which was referred to the Committee on Oversight and Government Reform, and in addition to the Committee on House Administration, 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 A BILL To amend title 5, United States Code, to provide for interest payments by agencies in the case of administrative error in processing certain annuity deposits for prior military service. 1. Short title This Act may be cited as the Correcting Miscalculations in Veterans’ Pensions Act. 2. Interest payment as a result of error in processing of annuity deposit amounts (a) CSRS Section 8334(j) of title 5, United States Code, is amended by adding at the end the following: (6) (A) In calculating and processing the deposit under paragraph (1) with respect to an employee, Member, or annuitant, if the employing agency of such employee, Member, or annuitant makes an administrative error, such employing agency may pay, on behalf of the employee, Member, or annuitant, any additional interest assessed due to the administrative error. (B) For purposes of subparagraph (A), the Secretary of the Senate or the Chief Administrative Officer of the House of Representatives, as appropriate, shall be considered the employing agency of a Member or Congressional employee. (C) The Director of the Office of Personnel Management shall issue such regulations as are necessary to carry out this paragraph. . (b) FERS Section 8422(e) of title 5, United States Code, is amended by adding at the end the following: (7) (A) In calculating and processing the deposit under paragraph (1) with respect to an employee, Member, or annuitant, if the employing agency of such employee, Member, or annuitant makes an administrative error, such employing agency may pay, on behalf of the employee, Member, or annuitant, any additional interest assessed due to the administrative error. (B) For purposes of subparagraph (A), the Secretary of the Senate or the Chief Administrative Officer of the House of Representatives, as appropriate, shall be considered the employing agency of a Member or Congressional employee. (C) The Director of the Office of Personnel Management shall issue such regulations as are necessary to carry out this paragraph. .