District of Columbia Retirement Protection Improvement Act of 2004

(This measure has not been amended since it was passed by the House on September 28, 2004. The summary of that version is repeated here.) District of Columbia Retirement Protection Improvement Act of 2004 - (Sec. 2) Amends the Balanced Budget Act of 1997 to establish in the Treasury the District of Columbia Teachers, Police Officers, and Firefighters Federal Pension Fund (D.C. Federal Pension Fund) consisting of transfers of all: (1) District of Columbia Federal Pension Liability Trust Fund obligations to make Federal benefit payments; and (2) assets of such Trust Fund and the Federal Supplemental District of Columbia Pension Fund. Specifies the use of the D.C. Federal Pension Fund, including but not limited to: (1) making Federal benefit payments; and (2) financing Federal obligations for future benefits. Transfers as of October 1, 2004: (1) all obligations to make Federal benefit payments from the Trust Fund to the D.C. Federal Pension Fund; and (2) all assets of the Trust Fund and all assets of the Federal Supplemental Fund to the D.C. Federal Pension Fund. Requires the Secretary of the Treasury to make annual Federal payments into the D.C. Federal Pension Fund from the general fund of the Treasury. Provides for the administration of the D.C. Federal Pension Fund by a Pension Fund Trustee selected by the Secretary. Requires the Secretary to enter into a contract with the Pen…

Congressional Research Service · 2004-12-23