110th CONGRESS
1st Session
H. R. 1848
To amend title 5, United States Code, to exempt certain individuals
under the Civil Service Retirement System from the requirement to pay interest
on the repayment of amounts received as refunds of retirement contributions
as a condition of receiving credit under such System for the service covered
by the refund.
IN THE HOUSE OF REPRESENTATIVES
March 29, 2007
Mr. VAN HOLLEN 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 exempt certain individuals
under the Civil Service Retirement System from the requirement to pay interest
on the repayment of amounts received as refunds of retirement contributions
as a condition of receiving credit under such System for the service covered
by the refund.
Be it enacted by the Senate and House of Representatives of the United
States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the `CSRS Retirement Repayment Technical Correction
Act of 2007'.
SEC. 2. EXEMPTION OF CERTAIN INDIVIDUALS FROM REQUIREMENT TO PAY INTEREST
ON REPAYMENT OF RETIREMENT CONTRIBUTION REFUNDS UNDER CSRS.
(a) In General- Section 8334(d)(1) of title 5, United States Code, is amended
by striking `with interest' and inserting the following: `with interest,
except that an employee or Member who received a refund during the period
beginning on October 1, 1990, and ending on February 28, 1991, may deposit
the amount received without interest'.
(b) Effective Date- The amendment made by subsection (a) shall take effect
as if included in the enactment of the Omnibus Budget Reconciliation Act
of 1990 (Public Law 101-508).
END
