annuity increases for alien employees

annuity increases for alien employees Sec. 112. Section 444(a) of the Foreign Service Act of 1946 is amended— (1) by inserting “(1)” immediately after “(a)”; and (2) by inserting the following new paragraph at the end thereof: “(2) The Secretary may, under such regulations as he may prescribe, make supplemental payments, out of funds appropriated after the date of enactment of (his subparagraph for salaries and expenses, to any civil service annuitant who is a former alien employee of the Service, (or is a survivor of a former alien employee of the Service) in order to offset exchange rate losses, if the annuity being paid such annuitant is based on (A) a salary that was fixed in a foreign currency that has appreciated in value in terms of the United States dollar, and (B) service in a country in which (as determined by the Secretary) the average retirement benefits being received by those who have retired from competitive local organizations are superior to the local currency value of civil service annuities plus any other retirement benefits payable to alien employees who have retired during similar time periods and after comparable careers with the United States Government.”.