I 112th CONGRESS 2d Session H. R. 5737 IN THE HOUSE OF REPRESENTATIVES May 11, 2012 Mr. Israel introduced the following bill; which was referred to the Committee on House Administration, and in addition to the Committee on Oversight and Government Reform, 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 A BILL To provide that a former Member of Congress receiving compensation as a highly paid lobbyist shall be ineligible to concurrently receive Federal retirement benefits.

1.

Short title

This Act may be cited as the Congressional Double Dipping Pension Prevention Act.

2.

Prohibition on taxpayer-funded pensions for Members of Congress who become highly paid lobbyists

(a)

In general

Any former Member of Congress who is registered as a lobbyist, and whose annual income from lobbying activities exceeds $1,000,000, shall not be eligible to receive benefits under either the Civil Service Retirement System or the Federal Employees' Retirement System for the period of time during which such former Member is employed as such a lobbyist and receiving from lobbying activities an annual income that exceeds $1,000,000. (b)

Definition

For purposes of this section, the term former Member of Congress means an individual who becomes a former Member of Congress after the date of the enactment of this Act.