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Paul R.
Republican WI 1

About Rep. Paul
  • Continuing Appropriations Resolution, 2014

    by Representative Paul Ryan

    Posted on 2013-12-12

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    RYAN of wisconsin in the house of representatives Thursday, December 12, 2013 Mr. RYAN of Wisconsin. Mr. Speaker, Section 401 creates a new category of employee called a ``Further Revised Annuity Employee'' and would require Further Revised Annuity Employees to contribute additional amounts into the CRSDF. It is the intent of Congress for OPM to create a new normal cost for the Further Revised Annuity Employees, and to ensure that the retirement plan not be underfunded.



    Additionally, it is the intent that for the new Further Revised Annuity Employee Plan that the only determinant of whether an individual is a FERS employee or Member, as opposed to a FERS Revised Annuity Employee or FERS Further Revised Annuity Employee, is through application of the FERS Revised Annuity Employee test. And that the new Further Revised Annuity Employee test only differentiates between FERS Revised Annuity Employee coverage and new FERS Further Revised Annuity Employee coverage.

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