Page:United States Statutes at Large Volume 106 Part 4.djvu/474

 106 STAT. 3210 PUBLIC LAW 102-496—OCT. 24, 1992 ual, be recomputed and paid as if the annuity had not been so reduced. "(2) ELECTION OF SURVIVOR ANNUITY UPON SUBSEQUENT MARRIAGE.— A participant who is iinmarried at the time of retirement and who later marries may irrevocably elect, in a signed writing received by the Director within one year after the marriage, to receive a reduced annuity as provided in section 221(b). Such election and reduction shall be effective on the first day of the month beginning 9 months after the date of marriage. The election voids prospectively any election previously made under paragraph (1). "(g) EFFECT OF DIVORCE AFTER RETIREMENT. — "(1) RECOMPUTATION OF RETIRED PARTICIPANT'S ANNUITY UPON DIVORCE.— An annuity which is reduced under this section (or any similar prior provision of law) to provide a survivor annuity for a spouse shall, if the marriage of the retired participant to such spouse is dissolved, be recomputed and paid for each full month during which a retired participant is not married (or is remarried if there is no election in effect under paragraph (2)) as if the annuity had not been so reduced, subject to any reduction required to provide a survivor annuity under subsection (b) or (c) of section 222 or under section 226. "(2) ELECTION OF SURVIVOR ANNUITY UPON SUBSEQUENT REMARRIAGE.— "(A) IN GENERAL. —Upon remarriage, the retired participant may irrevocably elect, by means of a signed writing received by the Director within one year after such remarriage, to receive a reduced annuity for the purpose of providing an annuity for the new spouse of the retired participant in the event such spouse survives the retired participant. Such reduction shall be equal to the reduction in effect immediately before the dissolution of the previous marriage (unless such reduction is adjusted under section 222(b)(5) or elected under subparagraph (B)). "(B) WHEN ANNUITY PREVIOUSLY NOT (OR NOT FULLY) REDUCED.— "(i) ELECTION.— If the retired participant's annuity was not reduced (or was not fully reduced) to provide a survivor annuity for the participant's spouse or former spouse as of the time of retirement, the retired participant may make an election under the first sentence of subparagraph (A) upon remarriage to a spouse other than the spouse at the time of retirement. For any remarriage that occurred before August 14, 1991, the retired participant may make such an election within 2 years after such date, "(ii) DEPOSIT REQUIRED. — " (I) The retired participant shall, within one year after the date of the remarriage (or by August 14, 1993 for any remarriage that occurred before August 14, 1991), deposit in the fund an amount determined by the Director, as nearly as may be administratively feasible, to reflect the amount by which the retired participant's annuity would have ,,, been reduced if the election had been in effect

�