Last updated on June 8, 2016
Listed below are current legislative items affecting the District of Columbia Retirement Board (DCRB). For more information on each piece of legislation, view, and download the corresponding PDF from the list below.
- Proposed Bill 21-464, "Public School Teachers Income Exclusion Act of 2015": For purposes of District taxes, this bill would exclude from gross income the annual salary of a District of Columbia Public School System (DCPS) teacher who taught a full academic year prior to the tax year in which the teacher applies for the exclusion.
- Proposed Bill 21-465, "Pension or Other Retirement Income Exclusion from Income Tax Amendment Act of 2015": The bill would increase the amount of pension income excluded from District taxes from $3,000 to $10,000 for annuitants age 62-64 and would exclude up to $20,000 for annuitants age 65 and older.
- Proposed Bill 21-467, "Fossil Fuel Divestment Act of 2015": This legislation would require DCRB to divest investments from certain companies holding the 100 largest fossil fuel reserves and prohibit investments in the same companies.
- DC Act 21-356, “Neighborhood Engagement Achieves Results Act of 2015”: Title II, Subtitle J of this act amends the Retired Police Officer Redeployment Amendment Act of 1992 (D.C. Code § 5-761) to add that retired police officers may be rehired by the Department of Forensic Sciences without losing their retirement benefit or being subject to the Police and Firefighters’ Retirement Plan salary offset provision (D.C. Code § 5-723(e)).