Page:United States Statutes at Large Volume 100 Part 1.djvu/627

 PUBLIC LAW 99-335—JUNE 6, 1986

100 STAT. 591

"(4) The Office shall prescribe regulations to carry out this subsection. "(c) For the purpose of this section, the term 'Federal service' means service which is employment for the purposes of title II of the Social Security Act and chapter 21 of the Internal Revenue Code of 1954 by reason of the amendments made by section 101 of the Social Security Amendments of 1983.". (2) The analysis for chapter 83 of title 5, United States Code, is amended by adding at the end thereof the following new item: "8349. Offset relating to certain benefits under the Social Security Act.". (c) CREDITABILITY OF INTERIM SERVICE.—Section 8334(c) of title 5,

United States Code, is amended by adding at the end thereof the following: "Notwithstanding the preceding provisions of this subsection and any provision of section 206(b)(3) of the Federal Employees' Retirement Contribution Temporary Adjustment Act of 1983, the percentage of basic pay required under this subsection in the case of an individual described in section 8402(b)(2) shall, with respect to any covered service (as defined by section 203(a)(3) of such Act) performed by such individual after December 31, 1983, and before January 1, 1987, be equal to 1.3 percent.".

Regulations

42 USC 401. 26 USC 3101 et seq. 26 USC 3121 and 3121 note; 42 USC 409-410 note.

5 USC 8331 note. 5 USC 8331 note.

SEC. 202. NON-APPLICABILITY OF CIVIL SERVICE RETIREMENT SYSTEM TO INDIVIDUALS UNDER FEDERAL EMPLOYEES' RETIREMENT SYSTEM.

(a) EMPLOYEES.—Section 8331(1) of title 5, United States Code, is amended— (1) by amending clause (ii) to read as follows: "(ii) an employee subject to another retirement system for Government employees (other than an employee described in clause (x);"; (2) by striking "or" at the end of clause (viii); (3) by striking the period at the end of clause (ix) and inserting in lieu thereof "; or"; and (4) by adding after clause (ix) the following: "(x) an employee subject to the Federal Employees' Retirement System.. (b) MEMBERS OF CONGRESS.—Section 8331(2) of title 5, United States Code, is amended by striking the semicolon and inserting in lieu thereof ", but does not include any such Member of Congress who is subject to the Federal Employees' Retirement System or who makes an election under section 8401(20) of this title not to be subject to such System;". SEC. 203. PAY FOR THE EXECUTIVE DIRECTOR OF THE FEDERAL RETIREMENT THRIFT INVESTMENT BOARD.

Section 5314 of title 5, United States Code, is amended by adding at the end thereof the following: "Executive Director, Federal Retirement Thrift Investment Board.". SEC. 204. ALTERNATIVE FORMS OF ANNUITIES.

(a) IN GENERAL.—Title 5, United States Code, is amended by inserting after section 8343 the following: "§ 8343a. Alternative forms of annuities Regulations. "(a) The Office of Personnel Management shall prescribe regulations under which an employee or Member may, at the time of

�