,i  #aaf? ,,congress  #a/ ,session  ,h4 
,r4 #bhbh  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,may #ag1 #bjai,mr4   
,k+ ( ,new ,york 7= himself1 ,mr4       
,pascrell1 ,ms4 ,norton1 ,mr4           
,fitzpatrick1 ,mr4 ,g>am5di1 ,mr4       
,connolly1 & ,mr4 ,swalwell ( ,cali=nia7
 introduc$ ! foll[+ bill2 :i* 0 ref]r$  
to ! ,committee on ,ov]sight & ,re=m1 & 
9 addition to ! ,committee on ,ways &   
,means1 = a p]iod to be subsequ5tly     
det]m9$ by ! ,speak]1 9 ea* case =      
consid]ation ( su* provisions z fall )9 
! jurisdiction ( ! committee conc]n$  ,a
 ,,bill  ,to am5d title #e1 ,unit$      
,/ates ,code1 to provide t = purposes ( 
comput+ ! annuity ( c]ta9 law en=cem5t  
(fic]s1 any h\rs work$ 9 excess ( !     
limitation applicable to law en=cem5t   
premium pay %all be includ$ 9 su*       
computation1 & = o!r purposes4  #a4     
,%ort title2 f9d+s  7a7 ,%ort title ,?is
 ,act may be cit$ z ! ,,leo ,fair       
,retirem5t ,act ( #bjai4  7b7 ,f9d+s    
,congress f9ds ! foll[+3  7#a7 ,f$]al   

law en=cem5t (fic]s are nev] (f-duty4   
,!y are c\nt$ on to respond at any "t ( 
! day or night1 reg>dless ( _! (ficial  
duty /atus1 to protect ! public safety4 
,outside ( our ,nation's ,arm$ ,=ces1   
!irs is ! only pr(ession compris$ (     
individuals :o are r\t9ely call$ ^u to  
put _! lives on ! l9e to keep ,am]ica   
safe4  7#b7 ,?\gh ! ,f$]al ,gov]nm5t may
 h\se ! l>ge/ v>iety ( occupations ( any
 ,u4,s4 employ] across its panoply (    
ag5cies & entities1 ,f$]al law en=cem5t 
is absolutely unique among !m1 & !      
,f$]al law en=cem5t (fic] has no        
c\nt]p>t 9 ! private sector4 ,x is "o ( 
! mo/ /ressful1 mo/ dang]\s1 & mo/      
rew>d+ c>e]s = ^? :o meet ! rigor\s     
requirem5ts ( ! job4  7#c7 ,x 0 9       
recognition ( ! unique nature ( !       
occupation1 & ! dem&+ s*$ules requir$ ( 
^? :o fill its ranks1 t ,congress       
e/abli%$ di/9ct pay & b5efit sy/ems =   
,f$]al law en=cem5t positions4 ,?is     
includes basic pay1 retirem5t1 & ev5    
ov]time comp5sation4  7#d7 ,"u curr5t   

law1 h[ev]1 ! paym5t ( ov]time          
comp5sation is limit$1 & is only payable
 to ! ext5t t ! paym5ts d n cause !     
aggregate ( ! law en=cem5t (fic]'s      
biweekly or annual pay to exce$ ! pay   
caps e/abli%$ "u section #eedg ( title  
#e1 ,unit$ ,/ates ,code4 ,?is (t5       
results 9 a law en=cem5t (fic] work+    
significant am\nts ( ov]time h\rs ye>   
aft] ye> = :i* ! (fic] is nev]          
comp5sat$4  7#e7 ,9 light ( ! cont9u+   
homel& & national security ?reats fac+  
our ,nation1 x is 9 ! int]e/ ( ! ,f$]al 
,gov]nm5t to ensure t x c cont9ue to    
recruit & reta9 ! highe/ calib] p]sonnel
 by all[+ ,f$]al law en=cem5t (fic]s !  
opportunity to reclaim full cr$it 9     
retirem5t = ov]time h\rs work$ b nev]   
paid4  #b4 ,computation ( annuity = h\rs
 work$ 9 excess ( law en=cem5t premium  
pay limitations  7a7 ,,csrs  7#a7 ,9    
g5]al ,section #hcci ( title #e1 ,unit$ 
,/ates ,code1 is am5d$ by add+ at ! end 
! foll[+3  7v7 7#a7 ,not)/&+ any o!r    
provision ( ?is title1 includ+ sections 

#eede;a & #eedg1 & consi/5t ) !         
requirem5ts ( p>agraph 7#b71 any premium
 pay describ$ 9 section #eedg7;a7 t w\ld
 h be5 receiv$ by a law en=cem5t (fic] b
 = ! limitation provid$ 9 su* section   
%all be includ$ 9 ! av]age pay ( su*    
(fic] = purposes ( comput+ ! annuity (  
su* (fic] "u ?is section4  7#b7  7,a7   
,p>agraph 7#a7 %all n apply unless ! law
 en=cem5t (fic] makes a lump-sum paym5t 
to ! ,(fice 9 ! mann] prescrib$ "u ?is  
p>agraph4  7,b7 ,! (fic] may-- 7i7 n    
lat] ?an #ahj days be=e ! date t !      
(fic]'s annuity w comm5ce1 reque/ f !   
,(fice an e/imate 7express$ z a doll>   
figure7 (--  7,i7 ! lump-sum paym5t     
describ$ "u subp>agraph 7,c72  7,,ii7 ! 
am\nt ( ! (fic]'s mon?ly annuity paym5t 
if ! (fic] elects to make ! lump-sum    
paym5t & receive an am5d$ annuity t     
includes ! application ( p>agraph 7#a72 
&  7,,iii7 ! am\nt ( su* (fic]'s mon?ly 
annuity paym5t if ! (fic] does n make   
su* an election2 &  7ii7 consi/5t ) !   
requirem5ts ( subp>agraph 7,d71 n lat]  

?an #ij days aft] receipt ( ! e/imate "u
 clause 7i71 irrevocably elect to make !
 lump-sum paym5t to ! ,(fice4  7,c7 ,if 
a law en=cem5t (fic] makes an election  
pursuant to subp>agraph 7,b77ii71 su*   
(fic] %all make a lump-sum paym5t to !  
,(fice equal to ! diff]5ce betwe5--  7i7
 ! am\nt t w\ld h be5 contribut$ by !   
(fic] & ! employ] "u section #hccd dur+ 
! #c consecutive ye>s us$ to det]m9e    
av]age pay 7z describ$ "u section       
#hcca7d77 if ! rate ( basic pay ( !     
(fic] dur+ su* p]iod ( ye>s includ$ any 
premium pay describ$ 9 section #eedg7;a7
 t w\ld h be5 receiv$ by a law en=cem5t 
(fic] b = ! limitation provid$ 9 su*    
section2 &  7ii7 ! am\nt t 0 s          
contribut$ dur+ su* p]iod ( ye>s4  7,d7 
,! (fic] may elect an actu>ial annuity  
r$uction1 consi/5t ) regulations        
prescrib$ by ! ,(fice1 9 lieu ( !       
lump-sum paym5t requir$ "u subp>agraphs 
7,b7 & 7,c74  7#c7 ,9 ?is subsection1 ! 
t]m law en=cem5t (fic] has ! mean+ giv5 
! t]m qualifi$ public safety employee 9 

section #gb7t77#aj7 ( ! ,int]nal ,rev5ue
 ,code ( #aihf4  4  7#b7 ,cl>ification )
 respect to annuity limit ,! limitation 
provid$ 9 section #hcci7;f7 ( title #e1 
,unit$ ,/ates ,code1 %all apply to any  
annuity calculat$ pursuant to subsection
 7v7 ( su* section 7z add$ by p>agraph  
7#a774  7b7 ,,f]s ,section #hdae ( title
 #e1 ,unit$ ,/ates ,code1 is am5d$ by   
add+ at ! end ! foll[+3  7o7 7#a7       
,not)/&+ any o!r provision ( ?is title1 
includ+ sections #eede;a & #eedg1 &     
consi/5t ) ! requirem5ts ( p>agraph     
7#b71 any premium pay describ$ 9 section
 #eedg7;a7 t w\ld h be5 receiv$ by a law
 en=cem5t (fic] b = ! limitation provid$
 9 su* section %all be includ$ 9 !      
av]age pay ( su* (fic] = purposes (     
comput+ ! annuity ( su* (fic] "u ?is    
section4  7#b7 ,p>agraph 7#a7 %all n    
apply unless ! law en=cem5t (fic] makes 
a lump-sum paym5t to ! ,(fice 9 ! same  
mann] z prescrib$ "u section            
#hcci7v77#b74  7#c7 ,9 ?is subsection1 !
 t]m law en=cem5t (fic] has ! mean+ giv5

 ! t]m qualifi$ public safety employee 9
 section #gb7t77#aj7 ( ! ,int]nal       
,rev5ue ,code ( #aihf4  4  7c7          
,application ,! am5dm5ts made by        
subsection 7a7 & 7b7 %all apply to any  
applicable annuity calculat$ on or aft] 
! date t is "o ye> aft] ! date (        
enactm5t ( ?is ,act4  7d7 ,regulations  
7#a7 ,9 g5]al ,n lat] ?an #a ye> aft] ! 
date ( enactm5t ( ?is ,act1 ! ,director 
( ! ,(fice ( ,p]sonnel ,managem5t %all  
promulgate regulations to c>ry out      
sections #hcci7v7 & #hdae7o7 ( title #e1
 ,unit$ ,/ates ,code1 z add$ by         
subsections 7a7 & 7b74  7#b7 ,lump-sum  
paym5t ,su* regulations %all include--  
7,a7 proc$ures "u :i* any law en=cem5t  
(fic] cov]$ by su* sections may make !  
lump-sum paym5t z describ$ "u sections  
#hcci7v77#b7 & #hdae7o77#b7 ( title #e1 
,unit$ ,/ates ,code1 z add$ by          
subsections 7a7 & 7b71 f am\nts )9 !    
(fic]'s ,?rift ,sav+s ,fund acc\nt2 &   
7,b7 proc$ures1 promulgat$ 9            
consultation ) ! ,?rift ,sav+s ,bo>d1 "u

 :i* a transf] may be made f su* acc\nt 
to ! ,(fice ( ,p]sonnel ,managem5t4     
7#c7 ,solicitation ( payroll in=mation  
,su* regulations %all include-- 7,a7    
guidance = ag5cies employ+ law en=cem5t 
(fic]s = prop] ret5tion ( payroll       
in=mation requir$ to c>ry out ! am5dm5ts
 made by subsection 7a7 & 7b71 includ+1 
= ea* cr$itable ye> ( s]vice1 ! diff]5ce
 betwe5 ! am\nt ! law en=cem5t (fic]    
receiv$ 9 gross comp5sation & ! am\nt t 
w\ld h be5 receiv$ z gross comp5sation b
 = ! application ( ! premium pay caps 9 
section #eedg ( title #e1 ,unit$ ,/ates 
,code2 &  7,b7 proc$ures = ! ,director  
to solicit suffici5t payroll in=mation f
 ! head ( ea* applicable ag5cy to       
provide = ! computations requir$ by !   
am5dm5ts made by ?is ,act4  #c4         
,eligibility = availability pay = ,po/al
 ,inspectors  7a7 ,9 g5]al ,section     
#eede;a ( title #e1 ,unit$ ,/ates ,code1
 is am5d$ by add+ at ! end ! foll[+3    
7l7 ,! provisions ( subsections 7a7-7h7 
provid+ = availability pay %all apply to

 a ,po/al ,inspector4 ,= ! purpose ( ?is
 section1 section #eedb7;d7 ( ?is title1
 & section #ac7;a77#af7 & 7b77#cj7 ( !  
,fair ,labor ,/&>ds ,act ( #aich 7#bi   
,u4,s4,c4 #bac7;a77#af7 & 7b77#cj771 a  
,po/al ,inspector %all be deem$ to be a 
crim9al inve/igator z def9$ 9 ?is       
section4 ,= purposes ( ?is subsection1 !
 t]m ,po/al ,inspector has ! mean+ giv5 
su* t]m "u section #ajjc7;c7 ( title    
#ci4  4  7b7 ,con=m+ am5dm5t ,section   
#daj7;b77#aa7 ( title #ci1 ,unit$ ,/ates
 ,code1 is am5d$ by /rik+ ,section      
#eebj;a & ins]t+ ,sections #eebj;a &    
#eede;a4  #d4 ,cr$it = c]ta9 lump-sum   
paym5ts ( uncomp5sat$ law en=cem5t      
premium pay  7a7 ,9 g5]al ,9 ! case ( an
 individual1 !re %all be all[$ z a cr$it
 aga9/ ! tax impos$ by *apt] #a ( !     
,int]nal ,rev5ue ,code ( #aihf = !      
taxable ye> an am\nt equal to ! sum ( ! 
lump-sum paym5ts made by ! individual   
dur+ su* taxable ye> pursuant to section
 #hcci7v77#b7 or #hdae7o77#b7 ( title   
#e1 ,unit$ ,/ates ,code1 ) respect to an

 annuity ( su* individual4  7b7 ,treat$ 
z non-,refundable p]sonal cr$it ,=      
purposes ( ! ,int]nal ,rev5ue ,code (   
#aihf1 ! cr$it all[$ "u subsection 7a7  
%all be treat$ z a cr$it all[$ "u subp>t
 ,a ( "p ,,iv ( sub*apt] ,a ( *apt] #a (
 su* ,code4