Continuity for Operators with Necessary Training Required for ATC Contract Towers Act of 2021 or the CONTRACT Act of 2021
This bill exempts certain air traffic controllers from a required reduction in their retirement annuity payment on account of earnings from certain work performed while entitled to such annuity.
Under current law, retired Federal Aviation Administration air traffic controllers receive an annuity payment during the period between the mandatory retirement age of 56 and the Social Security minimum age of 62. Such annuity payment is required to be reduced by a certain percentage of any excess earnings during this period.
The bill exempts from such reduction in annuity payments an air traffic controller who participates in the Air Traffic Control Contract Program (a public-private partnership for air traffic control services) following mandatory retirement.
To amend title 5, United States Code, to provide for a full annuity 
            supplement for certain air traffic controllers.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Continuity for Operators with 
Necessary Training Required for ATC Contract Towers Act of 2021'' or 
the ``CONTRACT Act of 2021''.

SEC. 2. ANNUITY SUPPLEMENT.

    Section 8421a(c) of title 5, United States Code, is amended--
            (1) by striking ``as an air traffic'' and inserting the 
        following: ``as an--
            ``(1) air traffic'';
            (2) in paragraph (1), as so designated, by striking the 
        period at the end and inserting ``; or''; and
            (3) by adding at the end the following:
            ``(2) air traffic controller pursuant to a contract made 
        with the Secretary of Transportation under section 47124 of 
        title 49.''.
                                                       Calendar No. 651

117th CONGRESS

  2d Session

                                 S. 419

                          [Report No. 117-260]

_______________________________________________________________________
CONTRACT Act of 2021
A bill to amend title 5, United States Code, to provide for a full annuity supplement for certain air traffic controllers.
CONTRACT Act of 2021
Continuity for Operators with Necessary Training Required for ATC Contract Towers Act of 2021
CONTRACT Act of 2021
Continuity for Operators with Necessary Training Required for ATC Contract Towers Act of 2021
Sen. Inhofe, James M.