Page:United States Statutes at Large Volume 106 Part 4.djvu/481

 PUBLIC LAW 102-496—OCT. 24, 1992 106 STAT. 3217 "(1) If the participant or former participant has not retired under such system on or before November 15, 1982, an election under this section may be made at any time before retirement. "(2) If the participant or former participant has retired under such system on or before November 15, 1982, an election under this section may be made within such period after November 15, 1982, as the Director may prescribe. "(3) For the pmposes of applying this title, any such election shall be treated in the same manner as if it were a spousal agreement under section 264(b). "(c) BASE FOR ANNUITY. —An election under this section may provide for a survivor annuity based on all or any portion of that part of the annuity of the participant which is not designated or committed as a base for a survivor annuity for a spouse or any other former spouse of the participant. The participant and the participant's spouse may make an election under section 221(b)(l)(B) before the time of retirement for the purpose of allowing an election to be made under this section. " (1) COMPUTATION.— The amount of the reduction in the participant's annuity shall be determined in accordance with section 221(b)(2). "(2) EFFECTIVE DATE OF REDUCTION. —Such reduction shall be effective as of— "(A) the commencing date of the participant's annuity, in the case of an election under subsection (bKl); or "(B) November 15, 1982, in the case of an election under subsection (b)(2). "SEC. 224. SURVIVOR ANNUITY FOR CERTAIN OTHER FORMER 50 USC 2034. SPOUSES. "(a) SURVIVOR ANNUITY.— "(1) IN GENERAL. —An individual who was a former spouse of a participant or retired participant on November 15, 1982, shall be entitled, except to the extent such former spouse is disqualified under subsection (b), to a survivor annuity equal to 55 percent of the greater of— "(A) the unreduced amount of the participant's or retired participant's annuity, as computed under section 221(a); or "(B) the unreduced amount of what such annuity as so computed would be if the participant, former participant, or retired participant had not elected payment of the lumpsum credit under section 294. "(2) REDUCTION IN SURVIVOR ANNUITY.—A survivor annuity payable under this section shall be reduced by an amount equal to any survivor annuity payments made to the former spouse under section 223. "(b) LIMITATIONS. — ^A former spouse is not entitled to a survivor annuity under this section if— "(1) the former spouse remarries before age 55, except that the entitlement of the former spouse to such a survivor annuity shall be restored on the date such remarriage is dissolved by death, annulment, or divorce; or "(2) the former spouse is less than 50 years of age. "(c) COMMENCEMENT AND TERMINATION OF ANNUITY. — 59-194 O—93 16: QL 3 (Pt. 4)
 * (d) REDUCTION IN PARTICIPANT'S ANNUITY.—

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