Coast Guard Retirement Parity Act

I 116TH CONGRESS 2D SESSION H. R. 6072 To amend title 10, United States Code, to include the Coast Guard in the Department of Defense Military Retirement Fund, and for other purposes. IN THE HOUSE OF REPRESENTATIVES MARCH 4, 2020 Mr. CRIST (for himself and Mr. PALAZZO) introduced the following bill; which was referred to the Committee on Armed Services A BILL To amend title 10, United States Code, to include the Coast Guard in the Department of Defense Military Retirement Fund, and for other purposes. Be it enacted by the Senate and House of Representa- 1 tives of the United States of America in Congress assembled, 2 SECTION 1. SHORT TITLE. 3 This Act may be cited as the ‘‘Coast Guard Retire- 4 ment Parity Act’’. 5 SEC. 2. ESTABLISHMENT AND PURPOSE OF FUND; DEFINI- 6 TION. 7 Section 1461(a) of title 10, United States Code, is 8 amended by inserting ‘‘and the Coast Guard’’ after ‘‘liabil- 9 ities of the Department of Defense’’. 10 VerDate Sep 11 2014 23:42 Mar 06, 2020 Jkt 099200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\H6072.IH H6072 pamtmann on DSKBC07HB2PROD with BILLS 2 •HR 6072 IH SEC. 3. PAYMENTS FROM THE FUND. 1 Section 1463(a) of title 10, United States Code, is 2 amended— 3 (1) in paragraph (1) by striking ‘‘and Marine 4 Corps’’ and inserting ‘‘Marine Corps, and Coast 5 Guard’’; 6 (2) in paragraph (2) by striking ‘‘(other than 7 retired pay payable by the Secretary of Homeland 8 Security)’’; and 9 (3) in paragraph (4) by inserting ‘‘and the De- 10 partment of Homeland Security that’’ after ‘‘De- 11 partment of Defense’’. 12 SEC. 4. DETERMINATION OF CONTRIBUTIONS TO THE 13 FUND. 14 Section 1465 of title 10, United States Code, is 15 amended— 16 (1) in subsection (a)— 17 (A) by striking ‘‘(a) NOT’’ and inserting 18 the following: 19 ‘‘(a)(1) Not’’; and 20 (B) by adding at the end the following: 21 ‘‘(2) Not later than October 1, 2022, the Board of 22 Actuaries shall determine the amount that is the present 23 value (as of September 30, 2022) of future benefits pay- 24 able from the Fund that are attributable to service in the 25 Coast Guard performed before October 1, 2022. That 26 VerDate Sep 11 2014 23:42 Mar 06, 2020 Jkt 099200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6201 E:\BILLS\H6072.IH H6072 pamtmann on DSKBC07HB2PROD with BILLS 3 •HR 6072 IH amount is the original Coast Guard unfunded liability of 1 the Fund. The Board shall determine the period of time 2 over which the original Coast Guard unfunded liability 3 should be liquidated and shall determine an amortization 4 schedule for the liquidation of such liability over that pe- 5 riod. Contributions to the Fund for the liquidation of the 6 original Coast Guard unfunded liability in accordance with 7 such schedule shall be made as provided in section 1466(b) 8 of this title.’’; 9 (2) in subsection (b)— 10 (A) in paragraph (1)— 11 (i) in the matter preceding subpara- 12 graph (A)— 13 (I) by inserting ‘‘, in consultation 14 with the Secretary of the department 15 in which the Coast Guard is oper- 16 ating,’’ after ‘‘Secretary of Defense’’; 17 and 18 (II) by inserting ‘‘and Coast 19 Guard’’ after ‘‘Department of De- 20 fense’’; 21 (ii) in subparagraph (A)(ii) by strik- 22 ing ‘‘(other than the Coast Guard)’’ and 23 inserting ‘‘members of the Armed Forces’’; 24 and 25 VerDate Sep 11 2014 23:42 Mar 06, 2020 Jkt 099200 PO 00000 Frm 00003 Fmt 6652 Sfmt 6201 E:\BILLS\H6072.IH H6072 pamtmann on DSKBC07HB2PROD with BILLS 4 •HR 6072 IH (iii) in subparagraph (B)(ii) by strik- 1 ing ‘‘(other than the Coast Guard)’’; 2 (B) in paragraph (2) by inserting ‘‘the 3 Coast Guard Retired Pay account and the’’ 4 after ‘‘appropriated to’’; and 5 (C) in paragraph (3) by inserting ‘‘and 6 Coast Guard’’ after ‘‘Department of Defense’’; 7 (3) in subsection (c)— 8 (A) in paragraph (1)— 9 (i) in the matter preceding subpara- 10 graph (A) by inserting ‘‘, in consultation 11 with the Secretary of the department in 12 which the Coast Guard is operating,’’ after 13 ‘‘Secretary of Defense’’; 14 (ii) in subparagraph (A) by striking 15 ‘‘(other than the Coast Guard)’’ and in- 16 serting ‘‘members of the Armed Forces’’; 17 (iii) in subparagraph (B) by striking 18 ‘‘(other than the Coast Guard)’’; 19 (B) in paragraph (2) by inserting ‘‘, in 20 consultation with the Secretary of the depart- 21 ment in which the Coast Guard is operating,’’ 22 after ‘‘Secretary of Defense’’; 23 (C) in paragraph (3) by inserting ‘‘, in 24 consultation with the Secretary of the depart- 25 VerDate Sep 11 2014 23:42 Mar 06, 2020 Jkt 099200 PO 00000 Frm 00004 Fmt 6652 Sfmt 6201 E:\BILLS\H6072.IH H6072 pamtmann on DSKBC07HB2PROD with BILLS 5 •HR 6072 IH ment in which the Coast Guard is operating,’’ 1 after ‘‘Secretary of Defense’’; 2 (4) in subsection (e) by striking ‘‘Secretary of 3 Defense shall’’ and inserting ‘‘Secretary of Defense 4 and, with regard to the Coast Guard, the Secretary 5 of the department in which the Coast Guard is oper- 6 ating’’. 7 SEC. 5. PAYMENTS INTO THE FUND. 8 Section 1466 of title 10, United States Code, is 9 amended— 10 (1) in subsection (a)— 11 (A) in the matter preceding paragraph 12 (1)— 13 (i) by striking ‘‘Secretary of Defense 14 shall’’ and inserting ‘‘Secretary of Defense 15 and the Secretary of the department in 16 which the Coast Guard is operating, with 17 respect to the Coast guard, shall’’; and 18 (ii) by striking ‘‘each month as the 19 Department of Defense contribution’’ and 20 inserting ‘‘each month the respective pro 21 rata share contribution of the Secretary of 22 Defense and the Secretary of the depart- 23 ment in which the Coast Guard is oper- 24 ating’’; and 25 VerDate Sep 11 2014 23:42 Mar 06, 2020 Jkt 099200 PO 00000 Frm 00005 Fmt 6652 Sfmt 6201 E:\BILLS\H6072.IH H6072 pamtmann on DSKBC07HB2PROD with BILLS 6 •HR 6072 IH (B) in paragraph (1)(B) by striking 1 ‘‘(other than the Coast Guard)’’; and 2 (C) by striking the flush language fol- 3 lowing paragraph (1)(B) and inserting the fol- 4 lowing new subsection: 5 ‘‘(b) Amounts paid into the Fund under this sub- 6 section shall be paid from funds available for as appro- 7 priate— 8 ‘‘(1) the pay of members of the armed forces 9 under the jurisdiction of the Secretary of a military 10 department; or 11 ‘‘(2) the Retired Pay appropriation for the 12 Coast Guard.’’; 13 (2) by redesignating subsections (b) and (c) as 14 subsections (c) and (d), respectively; and 15 (3) in subsection (c) (as so redesignated)— 16 (A) in paragraph (2)(A) by striking ‘‘liabil- 17 ity of the Fund.’’ and inserting ‘‘liabilities of 18 the Fund for the Department of Defense and 19 the Coast Guard.’’; and 20 (B) in paragraph (3) by inserting ‘‘and the 21 Secretary of the Department in which the Coast 22 Guard is operating’’ before ‘‘shall promptly’’. 23 Æ VerDate Sep 11 2014 23:42 Mar 06, 2020 Jkt 099200 PO 00000 Frm 00006 Fmt 6652 Sfmt 6301 E:\BILLS\H6072.IH H6072 pamtmann on DSKBC07HB2PROD with BILLS