[Congressional Record (Bound Edition), Volume 157 (2011), Part 8]
[House]
[Page 10870]
[From the U.S. Government Publishing Office, www.gpo.gov]




                       CONGRESSIONAL PENSION PLAN

  The SPEAKER pro tempore. The Chair recognizes the gentleman from 
North Carolina (Mr. Coble) for 5 minutes.
  Mr. COBLE. This week, Madam Speaker, I will introduce a bill that 
will amend the rules applicable to participation in the congressional 
pension plan. Under the present plan, upon completion of 5 years' 
service, a Member's pension vests. I believe a Member should make a 
more firm commitment than 5 years to become eligible to participate in 
the plan.
  My bill, Madam Speaker, will increase the eligibility requirement 
from 5 years to 12 years. The bill, if enacted, will become effective 
at the convening of the 113th Congress. A Member could serve six 2-year 
House terms, two 6-year Senate terms or a combination thereof to become 
eligible to participate in the congressional pension plan.
  If any colleagues are interested in my proposal, I will welcome 
cosponsors to the bill.

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