,,ii  #aag? ,,congress  #b;d ,session   
,s4 #cfei  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,febru>y #af1 #bjbb    
,ms4 ,coll9s 7= h]self1 ,mr4 ,br[n1 ,mr4
 ,cassidy1 & ,mr4 ,casey7 introduc$ !   
foll[+ bill2 :i* 0 read twice & ref]r$  
to ! ,committee on ,f9ance  ,a ,,bill   
,to exempt premium pay receiv$ by       
semi-retir$ work]s dur+ ! ,,covid-#ai   
p&emic f ! ,social ,security retirem5t  
e>n+s te/4  #a4 ,%ort title ,?is ,act   
may be cit$ z ! ,support+ ,ess5tial     
,work]s 9 ,retirem5t ,act4  #b4         
,exemption ( premium pay receiv$ by     
work]s dur+ ! ,,covid-#ai p&emic f !    
,social ,security retirem5t e>n+s te/   
7a7 ,9 g5]al ,= purposes ( subsection   
7b7 ( section #bjc ( ! ,social ,security
 ,act 7#db ,u4,s4,c4 #djc71 ! am\nt (   
any additional e>n+s receiv$ by an      
individual t is attributable to !       
individual's receipt ( premium pay %all 
n be includ$ 9 ! det]m9ation ( !        
individual's excess e>n+s "u subsection 
7f77#c7 ( su* section = any taxable ye>4

  7b7 ,def9itions ,9 ?is section3 7#a7  
,,covid-#ai em]g5cy p]iod ,! t]m        
,,covid-#ai em]g5cy p]iod means ! p]iod 
t beg9s on ,m>* #ac1 #bjbj1 & ends on   
,decemb] #ca1 #bjba4  7#b7 ,ess5tial "w 
,! t]m ess5tial "w means any "w t-- 7,a7
 is p]=m$ dur+ ! ,,covid-#ai em]g5cy    
p]iod2 &  7,b7 is ne$$ to ma9ta9        
cont9uity ( op]ations ( ess5tial        
critical infra/ructure sectors &        
additional sectors z ea* ,gov]nor ( a   
,/ate or t]ritory1 or ea* ,tribal       
gov]nm5t1 may h designat$ z critical to 
protect ! heal? & well-be+ ( ! resid5ts 
( _! ,/ate1 t]ritory1 or ,tribal        
gov]nm5t pursuant to section            
#fjb7;g77#b7 ( ! ,social ,security ,act 
7#db ,u4,s4,c4 #hjb7;g77#b774  7#c7     
,premium pay ,! t]m premium pay means-- 
7,a7 a high] rate ( pay to work]s1      
beyond normal comp5sation1 = p]=m+      
ess5tial "w dur+ ! ,,covid-#ai em]g5cy  
p]iod2 or  7,b7 comp5sation paid to a   
work] = h\rs ( ess5tial "w p]=m$ 9      
addition to ! work]'s normal "w s*$ule t

 results 9 ! work] receiv+ a high]      
av]age weekly comp5sation comp>$ to !   
av]age weekly comp5sation receiv$ by !  
work] = "w p]=m$ 9 ! same position = !  
same employ] dur+ ! p]iod t beg9s on    
,janu>y #a1 #bjbj1 & ends on ,m>* #ac1  
#bjbj1 or1 if less1 ! av]age weekly     
comp5sation receiv$ by ! work] = "w     
p]=m$ 9 ! same position = ! same employ]
 dur+ any portion ( su* p]iod t is n    
less ?an #ad consecutive days4  7c7     
,employ] ,v]ification  7#a7 ,9 g5]al ,n 
lat] ?an #cj days aft] ! date ( !       
enactm5t ( ?is ,act1 ! ,commission] (   
,social ,security %all issue guidance   
provid+ = ! v]ification by employ]s (   
record = employees :o p]=m$ ess5tial "w 
dur+ ! ,,covid-#ai em]g5cy p]iod (      
premium pay disburs$ to su* employees   
us+ ,=m ,,ssa-#aca1 ,employ] ,report (  
,special ,paym5ts4  7#b7 ,notice to     
employees ,n lat] ?an #ij days aft] !   
date ( issuance ( su* guidance1 employ]s
 %all in=m employees :o p]=m$ ess5tial  
"w dur+ ! ,,covid-#ai em]g5cy p]iod ( _!

 eligibility to elect to h _! premium   
pay exclud$ 9 ! det]m9ation ( !         
individual's excess e>n+s "u section    
#bjc7;f77#c7 ( ! ,social ,security ,act 
7#db ,u4,s4,c4 #djc7;f77#c77 = any      
taxable ye>4