Page:United States Statutes at Large Volume 100 Part 1.djvu/670

 100 STAT. 634

PUBLIC LAW 99-336—JUNE 19, 1986

"(i) 10 percent of the average annual salary determined under subsection (1)(1) of this section; or "(ii) 20 percent of such average annual salary, divided by the number of children;"; (B) in paragraph (1)(C) by striking out clauses (ii) and (iii) and inserting in lieu thereof the following: "(ii) 20 percent of the average annual salary determined under subsection (1)(1) of this section; or "(iii) 40 percent of such average annual salary amount, divided by the number of children;"; and (C) in paragraph (2) by inserting immediately after "remarriage" the following: "before attaining age 55". (5) Subsection (1) is amended— (A) by striking out "IV^ percent" and inserting in lieu thereof "1.5 percent"; (B) in paragraph (2) by striking out the colon after "subsection" and inserting in lieu thereof a semicolon; and (C) by striking out the proviso and inserting in lieu thereof the following: "except that such annuity shall not exceed an amount equal to 50 percent of such average annual salary, nor be less than an amount equal to 25 percent of such average annual salary. Any annuity determined in accordance with the provisions of this subsection shall be reduced to the extent required by subsection (d) of this section.". 28 USC 376 note. (b) BENEFICIARIES.—The benefits conferred by section 376 of title 28, United States Code, by reason of the amendments made by this section shall apply only to individuals who become eligible for annuities under such section on or after the effective date of this section, except that— (1) such annuities shall be computed in accordance with the provisions of section 376 of title 28, United States Code, as amended by this section, notwithstanding contributions or deposits made in accordance with applicable law at lower rates; and (2) no additional liability shall be created with respect to deposits made in accordance with applicable law before the effective date of this section, or after such effective date pursuant to an agreement entered into before such effective date. 28 USC 376 note. (c) REVOCATION.—(1) Within 180 days after the effective date of this section, any judicial official who, before such effective date, made an election under section 376 of title 28, United States Code, to come within the purview of that section, shall be entitled to revoke that election. Such revocation shall constitute a complete withdrawal from the judicial survivors' annuities program provided for in such section 376. No such revocation shall be effective unless it is submitted in writing to the Director of the Administrative Office of the United States Courts, and until such writing is received by the Director. Upon receipt by the Director of such writing, any rights to survivorship benefits for the survivors of such judicial official shall terminate, and all amounts credited to the individual account of such judicial official under section 376(e), together with interest at 3 percent per annum, compounded on December 31 of each year to such date of revocation, shall be returned to that judicial official in a lump-sum payment. (2) Any judicial official who makes a revocation under paragraph (1) of this subsection and who thereafter becomes eligible to make an

�