HR 1323 United States House · 118th Congress

LEO Fair Retirement Act of 2023

The LEO Fair Retirement Act of 2023 would allow federal law enforcement officers to include unpaid overtime hours toward their retirement benefits. Currently, these officers work significant overtime that isn't compensated due to pay caps, meaning they don't receive full credit for those hours in retirement calculations. The bill would amend retirement systems to include this unpaid overtime in retirement calculations, but officers would need to make a lump-sum payment to cover the difference between what they would have contributed to retirement if paid for the overtime versus what they actually contributed. This applies to specific federal law enforcement roles including criminal investigators, federal air marshals, special agents in the Diplomatic Security Service, probation officers, and pretrial services officers. The changes would take effect one year after the bill's enactment.

Issues: ✓ Labor & Employment

Bill status in committee 1 of 4 stages cleared

Introduction

Mar 2023

Committee Review

Floor Vote

President

Introduced Mar 1, 2023 Last action Mar 1, 2023

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Committee

Mar 1, 2023

Committee

Referred to the Committee on Oversight and Accountability, and in addition to the Committee on Ways and Means, 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.

lower

Mar 1, 2023

Introduced

Introduced in House

lower

1 primary · 20 co-sponsors