116TH CONGRESS
I 116TH CONGRESS 1ST SESSION H. R. 408 To require the Comptroller General of the United States to submit a report to Congress regarding the pension system of the United States Virgin Islands. IN THE HOUSE OF REPRESENTATIVES JANUARY 9, 2019 Ms. PLASKETT introduced the following bill; which was referred to the Committee on Natural Resources A BILL To require the Comptroller General of the United States to submit a report to Congress regarding the pension system of the United States Virgin Islands. 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 ‘‘Sustainable Pension 4 Plan Act of 2019’’. 5 SEC. 2. STUDY AND REPORT REGARDING VIRGIN ISLANDS 6 PENSION SYSTEM. …
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I 116TH CONGRESS 1ST SESSION H. R. 408 To require the Comptroller General of the United States to submit a report to Congress regarding the pension system of the United States Virgin Islands. IN THE HOUSE OF REPRESENTATIVES JANUARY 9, 2019 Ms. PLASKETT introduced the following bill; which was referred to the Committee on Natural Resources A BILL To require the Comptroller General of the United States to submit a report to Congress regarding the pension system of the United States Virgin Islands. 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 ‘‘Sustainable Pension 4 Plan Act of 2019’’. 5 SEC. 2. STUDY AND REPORT REGARDING VIRGIN ISLANDS 6 PENSION SYSTEM. 7 (a) STUDY.—The Comptroller General of the United 8 States shall conduct a study of the pension system of the 9 United States Virgin Islands established by law for em- 10 VerDate Sep 11 2014 02:20 Jan 20, 2019 Jkt 089200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\H408.IH H408 pbinns on DSK79D2C42PROD with BILLS 2 •HR 408 IH ployees of the Government of the United States Virgin Is- 1 lands (otherwise known as the Government Employees Re- 2 tirement System), including— 3 (1) an analysis of— 4 (A) the benefits provided under such sys- 5 tem, including in comparison to those offered to 6 private employees; and 7 (B) whether such system is adequately 8 funded; and 9 (2) recommendations on actions that may be 10 necessary to ensure that such system can be 11 sustainably maintained and funded by the Govern- 12 ment of the United States Virgin Islands for the 20- 13 year period beginning on the date of enactment of 14 this Act. 15 (b) REPORT.—The Comptroller General of the 16 United States shall, not later than 1 year after the date 17 of enactment of this Act, report to Congress the results 18 of the study conducted under subsection (a), including any 19 recommendations for legislative or administrative actions 20 or changes with respect to the pension system considered 21 in the study. 22 Æ VerDate Sep 11 2014 02:20 Jan 20, 2019 Jkt 089200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6301 E:\BILLS\H408.IH H408 pbinns on DSK79D2C42PROD with BILLS