Page:United States Statutes at Large Volume 100 Part 1.djvu/653

 PUBLIC LAW 99-335—JUNE 6, 1986

100 STAT. 617

"(b)(1) A participant who has received a refund of retirenient deductions under subchapter I with respect to any service described in subsection (a)(3) may not be allowed credit for such service under this subchapter unless such participant deposits into the Fund an amount equal to 1.3 percent of basic pay for such service, with interest. "(2) A participant may not be allowed credit under this subchapter for any service described in subsection (a)(3) for which retirement deductions under subchapter I have not been made, unless such participant deposits into the Fund an amount equal to 1.3 percent of basic pay for such service, with interest. "(3) Interest under paragraph (1) or (2) shall be computed in accordance with section 805(d) and regulations issued by the Secretary of State. "(c) Credit shall be given under this System to a participant for a period of prior satisfactory service as— "(1) a volunteer or volunteer leader under the Peace Corps Act (22 U.S.C. 2501 et seq.), "(2) a volunteer under part A of title VIII of the Economic Opportunity Act of 1964, or "(3) a full-time volunteer for a period of service of at least one year's duration under part A, B, or C of title I of the Domestic Volunteer Service Act of 1973 (42 U.S.C. 4951 et seq.), if the participant makes a payment to the Fund equal to 3 percent of pay received for the volunteer service (as determined in accordance with regulations of the Secretary of State consistent with regulations for making corresponding determinations under chapter 83, title 5, United States Code) together with interest determined under regulations issued by the Secretary of State. "(d) Credit shall be given under this System to a participant for a period of prior service under the Federal Employees' Retirement System (described in chapter 84 of title 5, United States Code) or under title III of the Central Intelligence Agency Retirement Act of 1964 for Certain Employees if the participant waives credit under the other retirement system and makes a payment to the Fund equal to the amount which would have been deducted from pay under section 856(a) had the individual been a participant during the prior creditable service under the other retirement system together with interest on such amount computed in accordance with regulations issued by the Secretary of State.

Voluntarism.

42 USC 2991 and note.

Post, p. 624.

22 USC 4071d. be retired under the conditions specified in section 811 and shall be 22 USC 4051. retired under the conditions specified in sections 812 and 813 and 22 USC 4052, 4053. receive benefits under this subchapter. SEC. 855. ENTITLEMENT TO ANNUITY.—(a)(1) Any participant may

"(2) For the purposes of this subsection— "(A) the term 'participant', as used in the sections referred to in paragraph (1), means a participant in the Foreign Service Pension System; and "(B) the term 'System', as used in those sections, means the Foreign Service Pension System. "(b)(1) Any participant who retires voluntarily or mandatorily under section 607, 608, 811, 812, or 813 under conditions authorizing an immediate annuity for participants in the Foreign Service Retirement and Disability System and who has completed at least 5 years of service subject to this chapter shall be entitled to an immediate annuity computed under paragraph (2). "(2) An annuity under paragraph (1) shall be computed—

22 USC 4007, 4008.

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