To amend the Internal Revenue Code of 1986 to make inapplicable the 10 percent additional tax on early distributions from certain pension plans of public safety employees.

H.R. 134/S. 37, which added Kentucky to the list of those States permitted to operate a separate retirement system for certain public employees, a reform needed following the 2003 merger of the local governments of Louisville and Jefferson County; H.R. 594/S. 349, the "Social Security Fairness Act," would repeal both the "Windfall Elimination Provision" and the "Government Pension Offset" in current Social Security law; H.R. 743, the "Social Security Protection Act,"enhances efforts to end fraud and abuse in Social Security programs by strengthening protections for vulnerable recipients dependent on representative payees to manage their financial affairs, by prohibiting fugitive felons and probation/parole violators from receiving Social Security disability benefits, and by enhancing the ability of the Inspector General to fight fraud; H.R. 782/S. 748, eliminates the ten percent (10%) early withdrawal penalty for public safety employees participating in Deferred Retirement Option Plans (DROP); H.R. 3055, the "Social Security Solvency Act," contains a provision which would mandate participation in Social Security for all newly hired State and local employees; H.R. 4391/S. 2455, the "Public Servant Retirement Protection Act," would repeal the Windfall Elimination Provision (WEP) and replace it with a more equitable, individualized calculation of Social Security benefits;