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Retirement Forfeiture for Members of Congress Turned Foreign Lobbyists Act

Source: Congress.gov  ·  1,220 words in original text
This bill says that former Members of Congress and former senior Congressional employees who work as registered lobbyists for foreign principals (outside governments or entities) cannot receive certain federal retirement and health benefits. The ban applies for any month in which they are employed as a foreign lobbyist and receiving compensation for that work. ##
- Former Senators and House Representatives who left office after this bill becomes law - Former senior Congressional employees (high-level staff) who left their jobs after this bill becomes law - The Office of Personnel Management (federal agency that oversees retirement benefits) - The Executive Director of the Thrift Savings Plan (a federal retirement savings account) ##
- Former members of Congress and senior Congressional employees who work as registered foreign lobbyists lose eligibility for covered benefits starting the month after the bill becomes law, as long as they remain employed and compensated as a foreign lobbyist (Sec. 2(a)) - Covered benefits include payments from the Civil Service Retirement System, Federal Employees Retirement System, Federal Employees Health Benefits Program, and Federal Employees' Group Life Insurance Program (Sec. 2(c)) - The ban does not prevent payment of lump-sum credits (one-time payments based on prior service) or non-forfeitable amounts already in a person's Thrift Savings Fund account as of when they become a foreign lobbyist (Sec. 2(e)) - The Office of Personnel Management must write rules to carry out this law, with the Thrift Savings Plan Executive Director handling rules specific to that program (Sec. 2(f)) ##
If this bill becomes law, former Congressional members and senior staff who register as lobbyists for foreign governments or entities will lose access to their federal retirement benefits and federal employee health insurance benefits for as long as they work in that capacity. They keep only lump-sum payments they earned before becoming foreign lobbyists and any non-forfeitable savings already in their Thrift Savings accounts. ##
- **Member of Congress:** Senators, House Representatives, House Delegates, and the Resident Commissioner from Puerto Rico - **Senior Congressional employee:** Legislative branch workers (except Government Accountability Office staff) earning at least 120 percent of the minimum pay for a GS-15 position on the federal pay scale for at least 60 days, plus one principal assistant per Member without such an employee - **Registered lobbyist:** Someone required to register under the Lobbying Disclosure Act of 1995 or registered as an agent of a foreign principal under the Foreign Agents Registration Act of 1938 - **Foreign principal:** As defined in the Foreign Agents Registration Act of 1938 ##
Not specified in bill text
Important: This plain English summary was generated by AI and is provided for informational purposes only. It is not legal advice. Always consult the official bill text on Congress.gov or a qualified attorney for legal matters.