Page:United States Statutes at Large Volume 100 Part 3.djvu/122

 100 STAT. 1930

PUBLIC LAW 99-509—OCT. 21, 1986

under subparagraph (A) is the amount equal to 15 percent of such individual's basic pay for such pay period.". Ante, p. 541. (2) Section 8432(c) of title 5, United States Code, is amended— (A) in paragraph (1)— (i) by inserting "(A)" after "(c)(1)"; and (ii) by adding at the end thereof the following new subparagraphs: "(B) In the case of each employee or Member who is an employee or Member on January 1, 1987, and continues as an employee or Member without a break in service through April 1, 1987, the employing agency shall contribute to the Thrift Savings Fund for the benefit of such employee or Member the amount equal to 1 percent of the total basic pay paid to such employee or Member for that period of service. "(C) If an employee or Member— "(i) is an employee or Member on January 1, 1987; "(ii) separates from Government employment before April 1, \- 1987; and .i "(iii) before separation, completes the number of years of civilian service applicable to such employee or Member under subparagraph (A) or (B) of subsection (g)(2), the employing agency shall contribute to the Thrift Savings Fund for the benefit of such employee or Member the amount equal to 1 percent of the total basic pay paid to such employee or Member for service performed on or after January 1, 1987, and before the date of the separation."; and (B) in paragraph (2), by inserting after subparagraph (B) the following: "(C) Notwithstanding subparagraph (B), the amount contributed under subparagraph (A) by an employing agency with respect to any contribution made by an employee or Member during any pay period which begins after the date on which such employee or Member makes an election under subsection (b)(4) and before July 1, 1987, shall be the amount equal to the sum of— "(i) two times such portion of the total amount of the employee's or Member's contribution as does not exceed 3 percent of such employee's or Member's basic pay for such pay period; ., and "(ii) such portion of the total amount of the employee's or / "'*' Member's contributions as exceeds 3 percent, but does not exceed 5 percent, of such employee's or Member's basic pay for such pay period.". 5 USC 8432 note. (3) The contributions required to be made to the Thrift Savings Fund under paragraphs (1)(B), (1)(C), and (3) of section 8432(c) of title 5, United States Code, shall be made as soon as practicable during the 15-day period which begins on April 1, 1987. 5 USC 8351 note. (b) PARTICIPANTS IN THE CiVIL SERVICE RETIREMENT AND DISABILITY SYSTEM.—Section 206(b) of the Federal Employees' Retirement Ante, p. 593. System Act of 1986 (Public Law 99-335) is amended to read as follows: "(b)(1) An election may first be made by an employee of the Federal Government or a Member of Congress under subsection (a)(2) of section 8351 of title 5, United States Code (as added by Ante, p. 593. subsection (a)(1)), during an election period prescribed for the purposes of this subsection by the Executive Director of the Federal Retirement Thrift Investment Board. Such period shall begin on April 1, 1987.

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