,i #aafth ,,congress #ast ,session ,h4 ,r4 #bhbh ,,in ,,the ,,house ,,of ,,representatives ,may #ag1 #bjai,mr4 ,king of ,new ,york 7for himself1 ,mr4 ,pascrell1 ,ms4 ,norton1 ,mr4 ,fitzpatrick1 ,mr4 ,garamendi1 ,mr4 ,connolly1 and ,mr4 ,swalwell of ,california7 introduced the following bill2 which was referred to the ,committee on ,oversight and ,reform1 and in addition to the ,committee on ,ways and ,means1 for a period to be subsequently determined by the ,speaker1 in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned ,a ,,bill ,to amend title #e1 ,united ,states ,code1 to provide that for purposes of computing the annuity of certain law enforcement officers1 any hours worked in excess of the limitation applicable to law enforcement premium pay shall be included in such computation1 and for other purposes4 #a4 ,short title2 findings 7a7 ,short title ,this ,act may be cited as the ,,leo ,fair ,retirement ,act of #bjai4 7b7 ,findings ,congress finds the following3 7#a7 ,federal law enforcement officers are never off-duty4 ,they are counted on to respond at any time of the day or night1 regardless of their official duty status1 to protect the public safety4 ,outside of our ,nation's ,armed ,forces1 theirs is the only profession comprised of individuals who are routinely called upon to put their lives on the line to keep ,america safe4 7#b7 ,though the ,federal ,government may house the largest variety of occupations of any ,u4,s4 employer across its panoply of agencies and entities1 ,federal law enforcement is absolutely unique among them1 and the ,federal law enforcement officer has no counterpart in the private sector4 ,it is one of the most stressful1 most dangerous1 and most rewarding careers for those who meet the rigorous requirements of the job4 7#c7 ,it was in recognition of the unique nature of the occupation1 and the demanding schedules required of those who fill its ranks1 that ,congress established distinct pay and benefit systems for ,federal law enforcement positions4 ,this includes basic pay1 retirement1 and even overtime compensation4 7#d7 ,under current law1 however1 the payment of overtime compensation is limited1 and is only payable to the extent that the payments do not cause the aggregate of the law enforcement officer's biweekly or annual pay to exceed the pay caps established under section #eedg of title #e1 ,united ,states ,code4 ,this often results in a law enforcement officer working significant amounts of overtime hours year after year for which the officer is never compensated4 7#e7 ,in light of the continuing homeland and national security threats facing our ,nation1 it is in the interest of the ,federal ,government to ensure that it can continue to recruit and retain the highest caliber personnel by allowing ,federal law enforcement officers the opportunity to reclaim full credit in retirement for overtime hours worked but never paid4 #b4 ,computation of annuity for hours worked in excess of law enforcement premium pay limitations 7a7 ,,csrs 7#a7 ,in general ,section #hcci of title #e1 ,united ,states ,code1 is amended by adding at the end the following3 7v7 7#a7 ,notwithstanding any other provision of this title1 including sections #eede;a and #eedg1 and consistent with the requirements of paragraph 7#b71 any premium pay described in section #eedg7;a7 that would have been received by a law enforcement officer but for the limitation provided in such section shall be included in the average pay of such officer for purposes of computing the annuity of such officer under this section4 7#b7 7,a7 ,paragraph 7#a7 shall not apply unless the law enforcement officer makes a lump-sum payment to the ,office in the manner prescribed under this paragraph4 7,b7 ,the officer may-- 7i7 not later than #ahj days before the date that the officer's annuity will commence1 request from the ,office an estimate 7expressed as a dollar figure7 of-- 7,i7 the lump-sum payment described under subparagraph 7,c72 7,,ii7 the amount of the officer's monthly annuity payment if the officer elects to make the lump-sum payment and receive an amended annuity that includes the application of paragraph 7#a72 and 7,,iii7 the amount of such officer's monthly annuity payment if the officer does not make such an election2 and 7ii7 consistent with the requirements of subparagraph 7,d71 not later than #ij days after receipt of the estimate under clause 7i71 irrevocably elect to make the lump-sum payment to the ,office4 7,c7 ,if a law enforcement officer makes an election pursuant to subparagraph 7,b77ii71 such officer shall make a lump-sum payment to the ,office equal to the difference between-- 7i7 the amount that would have been contributed by the officer and the employer under section #hccd during the #c consecutive years used to determine average pay 7as described under section #hcca7d77 if the rate of basic pay of the officer during such period of years included any premium pay described in section #eedg7;a7 that would have been received by a law enforcement officer but for the limitation provided in such section2 and 7ii7 the amount that was so contributed during such period of years4 7,d7 ,the officer may elect an actuarial annuity reduction1 consistent with regulations prescribed by the ,office1 in lieu of the lump-sum payment required under subparagraphs 7,b7 and 7,c74 7#c7 ,in this subsection1 the term law enforcement officer has the meaning given the term qualified public safety employee in section #gb7t77#aj7 of the ,internal ,revenue ,code of #aihf4 4 7#b7 ,clarification with respect to annuity limit ,the limitation provided in section #hcci7;f7 of title #e1 ,united ,states ,code1 shall apply to any annuity calculated pursuant to subsection 7v7 of such section 7as added by paragraph 7#a774 7b7 ,,fers ,section #hdae of title #e1 ,united ,states ,code1 is amended by adding at the end the following3 7o7 7#a7 ,notwithstanding any other provision of this title1 including sections #eede;a and #eedg1 and consistent with the requirements of paragraph 7#b71 any premium pay described in section #eedg7;a7 that would have been received by a law enforcement officer but for the limitation provided in such section shall be included in the average pay of such officer for purposes of computing the annuity of such officer under this section4 7#b7 ,paragraph 7#a7 shall not apply unless the law enforcement officer makes a lump-sum payment to the ,office in the same manner as prescribed under section #hcci7v77#b74 7#c7 ,in this subsection1 the term law enforcement officer has the meaning given the term qualified public safety employee in section #gb7t77#aj7 of the ,internal ,revenue ,code of #aihf4 4 7c7 ,application ,the amendments made by subsection 7a7 and 7b7 shall apply to any applicable annuity calculated on or after the date that is one year after the date of enactment of this ,act4 7d7 ,regulations 7#a7 ,in general ,not later than #a year after the date of enactment of this ,act1 the ,director of the ,office of ,personnel ,management shall promulgate regulations to carry out sections #hcci7v7 and #hdae7o7 of title #e1 ,united ,states ,code1 as added by subsections 7a7 and 7b74 7#b7 ,lump-sum payment ,such regulations shall include-- 7,a7 procedures under which any law enforcement officer covered by such sections may make the lump-sum payment as described under sections #hcci7v77#b7 and #hdae7o77#b7 of title #e1 ,united ,states ,code1 as added by subsections 7a7 and 7b71 from amounts within the officer's ,thrift ,savings ,fund account2 and 7,b7 procedures1 promulgated in consultation with the ,thrift ,savings ,board1 under which a transfer may be made from such account to the ,office of ,personnel ,management4 7#c7 ,solicitation of payroll information ,such regulations shall include-- 7,a7 guidance for agencies employing law enforcement officers for proper retention of payroll information required to carry out the amendments made by subsection 7a7 and 7b71 including1 for each creditable year of service1 the difference between the amount the law enforcement officer received in gross compensation and the amount that would have been received as gross compensation but for the application of the premium pay caps in section #eedg of title #e1 ,united ,states ,code2 and 7,b7 procedures for the ,director to solicit sufficient payroll information from the head of each applicable agency to provide for the computations required by the amendments made by this ,act4 #c4 ,eligibility for availability pay for ,postal ,inspectors 7a7 ,in general ,section #eede;a of title #e1 ,united ,states ,code1 is amended by adding at the end the following3 7l7 ,the provisions of subsections 7a7-7h7 providing for availability pay shall apply to a ,postal ,inspector4 ,for the purpose of this section1 section #eedb7;d7 of this title1 and section #ac7;a77#af7 and 7b77#cj7 of the ,fair ,labor ,standards ,act of #aich 7#bi ,u4,s4,c4 #bac7;a77#af7 and 7b77#cj771 a ,postal ,inspector shall be deemed to be a criminal investigator as defined in this section4 ,for purposes of this subsection1 the term ,postal ,inspector has the meaning given such term under section #ajjc7;c7 of title #ci4 4 7b7 ,conforming amendment ,section #daj7;b77#aa7 of title #ci1 ,united ,states ,code1 is amended by striking ,section #eebj;a and inserting ,sections #eebj;a and #eede;a4 #d4 ,credit for certain lump-sum payments of uncompensated law enforcement premium pay 7a7 ,in general ,in the case of an individual1 there shall be allowed as a credit against the tax imposed by chapter #a of the ,internal ,revenue ,code of #aihf for the taxable year an amount equal to the sum of the lump-sum payments made by the individual during such taxable year pursuant to section #hcci7v77#b7 or #hdae7o77#b7 of title #e1 ,united ,states ,code1 with respect to an annuity of such individual4 7b7 ,treated as non-,refundable personal credit ,for purposes of the ,internal ,revenue ,code of #aihf1 the credit allowed under subsection 7a7 shall be treated as a credit allowed under subpart ,a of part ,,iv of subchapter ,a of chapter #a of such ,code4