Page:United States Statutes at Large Volume 107 Part 1.djvu/438

 107 STAT. 412 PUBLIC LAW 103-66 —AUG. 10, 1993 by any future termination of the marriage. Such reduction shall be independent of and in addition to the reduction required under subparagraph (A).". (3) DEPOSITS. —Section 8334(h) of title 5, United States Code, is amended by striking "and by section 8339(j)(5)(C) and the last sentence of section 8339(k)(2) of this title", (b) FEDERAL EMPLOYEES' RETIREMENT SYSTEM.— Section 8418 of title 5, United States Code, is amended— (1) in subsection (a)(1) by striking ", before the expiration of the 2-year period involved,; and (2) by amending subsection (b) to read as follows: "(b) The Office shall, by regulation, provide for payment of the deposit required under subsection (a) by a reduction in the annuity of the employee or Member. The reduction shall, to the extent practicable, be designed so that the present value of the future reduction is actuarially equivalent to the deposit required under subsection (a), except that the total reductions in the annuity of an employee or Member to pay deposits required by this section shall not exceed 25 percent of the annuity computed under section 8415 or section 8452, including adjustments under section 8462. The reduction required by this subsection, which shall be effective at the same time as the election under section 8416(b) and (c) or section 8417(b), shall be permanent and imaffected by any future termination of the marriage or the entitlement of the former spouse. Such reduction shall be independent of and in addition to the reduction required under section 8416(b) and (c) or section 8417(b).''. 5 USC 8339 note. (c) EFFECTIVE DATE.— (1) IN GENERAL.— The amendments made by this section shall take effect on the first day of the first month beginning at least 30 days after the date of the enactment of this Act and shall apply to all deposits required under section 8339(j) (3) or (5), 8339(k)(2), or 8418 of title 5, United States Code, on which no payment has been made prior to such effective date. (2) PARTIAL DEPOSIT. — For any deposit required under section 83390)(3) or (5), 8339(k)(2), or 8418 of title 5, United States Code, or section 4(b) or (c) of the Civil Service Retirement Spouse Equity Act of 1984 (5 U.S.C. 8341 note) that has been partially, but not fully, paid before the effective date of this Act, the Office shall by regulation provide for determining the remaining portion of the deposit and for payment of the remaining portion of the deposit by a prospective reduction in the annuity of the employee or Member. The reduction shall be similar to the reductions provided pursuant to the amendments made under this section. SEC. 11005. TEMPORARY EXTENSION AND MODIFICATION OF THE METHOD FOR DETERMINING GOVERNMENT CONTRIBU- TIONS UNDER FEHBP IN THE ABSENCE OF A GOVERN- MENT-WIDE INDEMNITY BENEFIT PLAN. Public Law 101-76 (5 U.S.C. 8906 note) is amended by striking the matter after the enacting clause and before paragraph (2) of subsection (a) and inserting the following: "That (a)(1) in the administration of chapter 89 of title 5, United States Code, for each of contract years 1990 through 1998 (inclusive), in order to compute the average subscription charges under

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