About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline
LOG IN
LOG IN

1 H.R. 3303, First Responder Fair RETIRE Act 1 (June 13, 2018)

handle is hein.congrec/frfrta0001 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE June 13, 2018 H.R. 3303 First Responder Fair RETIRE Act As ordered reported by the House Committee on Oversight and Government Reform on March 15, 2018 SUMMARY H.R. 3303 would allow certain federal employees who are covered by provisions of enhanced retirement and who become ill or injured while performing the duties of their position to return to work and remain covered by enhanced retirement. That provision would apply even if those workers return to work in a position that would otherwise not be covered. Under the bill, people in covered positions include law enforcement officers, fire fighters, customs and border protection agents, air traffic controllers, nuclear materials couriers, members of the U.S. Capitol Police, members of the Supreme Court Police, Central Intelligence Agency agents, and special agents under the Foreign Service Act of 1980. Classifying some federal positions as covered under enhanced retirement when they otherwise would not be would have several budgetary effects, including: Increased direct spending for benefit payments because of earlier retirements that are calculated under a more generous formula, Increased revenues from additional retirement contributions paid by employees, and Increased retirement contributions paid by employing agencies out of their discretionary appropriations. On net, CBO estimates that enacting H.R. 3303 would increase deficits by $8 million over the 2019-2028 period. That amount comprises an increase in direct spending of $11 million and an increase in revenues of $3 million. Because enacting H.R. 3303 would affect direct spending and revenues, pay-as-you-go procedures apply. In addition, CBO

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Short-term subscription options include 24 hours, 48 hours, or 1 week to HeinOnline.

Purchase Access

Contact us for annual subscription options:

Contact Us

Already a HeinOnline Subscriber?

Log In

profiles profiles most