Page:United States Statutes at Large Volume 100 Part 3.djvu/161

 PUBLIC LAW 99-509—OCT. 21, 1986

100 STAT. 1969

ment shortfall. Such term shall not include the Department of Defense Military Retirement Fund. (c) INTEREST PAYMENT SHORTFALX..—For purposes of this section, the term "interest payment shortfall" means, with respect to any fund, the reduction in the interest which would have been earned by such fund during the period beginning with September 30, 1986, and ending with the date of the enactment of this Act as the result of noninvestments, redemptions, and disinvestments with respect to such fund which occurred during such period and which would not have occurred if H.J. Res. 668 (99th Congress, 2d Session), as passed by the House of Representatives on June 26, 1986, had been enacted into law on September 30, 1986. Such amount shall be reduced by any payment to such fund under any other provision of law in respect of such lost interest. SEC. 8203. RESTORATION OF DEPARTMENT OF DEFENSE MILITARY RETIREMENT FUND.

The Secretary of the Treasury shall immediately issue to the Department of Defense Military Retirement Fund obligations under chapter 31 of title 31, United States Code, which such Secretary, in 31 USC 3101 et consultation with the Secretary of Defense, determines would have seq. been issued to such fund on October 1, 1986, if H.J. Res. 668 (99th Congress, 2d session), as passed by the House of Representatives on June 26, 1986, had been enacted into law on September 30, 1986. Such obligations shall be market-based special obligations issued at prices, including accrued interest, prevailing for such obligations on October 1, 1986. Such obligations shall be issued as of October 1, 1986, and the fund shall earn interest on such obligations beginning on October 1, 1986. Such obligations shall be substituted for obligations which are held by such fund on the date of the enactment of this Act (and any uninvested balance on such date in such fund shall be reduced) in a manner which will ensure that, after such substitution (and reduction), the holdings of such fund will replicate to the maximum extent practicable the holdings which would have been held by such fund on such date if such H.J. Res. 668 had been enacted into law on September 30, 1986.

TITLE IX—INCOME SECURITY, MEDICARE, MEDICAID, AND MATERNAL AND CHILD HEALTH PROGRAMS Subtitle A—OASDI provisions Subtitle B—Provisions relating to public assistance Subtitle C—Older Americans pension benefits Subtitle D—Provisions relating to medicare Subtitle E—Medicaid and matemeil and child health Subtitle F—Provision relating to access to health care

Subtitle A—OASDI Provisions SEC. 9001. ELIMINATION OF 3-PERCENT TRIGGER FOR COST-OF-LIVING INCREASES. (a) EuMiNATiON OF TRIGGER.—Section 215(i)(l)(B) of the Social Security Act is amended by striking out "with respect to which the 42 USC 415. applicable increase percentage is 3 percent or more" and inserting

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