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Lankford bill gives fraud protection to retirement benefits

from The Washington Post

Retirement benefits, unlike Social Security and veterans benefits, don't have legislation in place that protects against fraud. A bill sponsored by Sens. James Lankford, R-Okla., and Sen. Heidi Heitkamp, D-N.D., aims to correct that. Lankford, chairman of the Senate Homeland Security and Governmental Affairs subcommittee on Regulatory Affairs and Federal Management, told In Depth with Francis Rose his bill would impose clear penalties against financial caretakers who defraud a federal retiree. more

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