Page:United States Statutes at Large Volume 99 Part 1.djvu/697

 PUBLIC LAW 99-145—NOV. 8, 1985

99 STAT. 675

not made in a lump sum, the widow or widower shall pay interest on the amount to be repaid commencing on the date on which the first such payment is due and applied over the period during which any part of the repayment remains to be paid. The manner in which such repayment shall be made, and the rate of any such interest, shall be prescribed in regulations under section 1455 of this title. An amount repaid under this paragraph (including any such interest) received by the Secretary of Defense shall be deposited into the Department of Defense Military Retirement Fund. Any other amount repaid under this paragraph shall be deposited into the Treasury as miscellaneous receipts.".

10 USC 1455.

SEC. 718. EFFECTIVE DATE OF DIC OFFSET

Section 1450(c) of title 10, United States Code, is amended by adding at the end thereof the following new sentence: "A reduction in an annuity under this section required by the preceding sentence shall be effective on the date of the commencement of the period of payment of such compensation under title 38.". SEC. 719. TECHNICAL AMENDMENTS TO SBP STATUTE Subchapter II of chapter 73 of title 10, United States Code, is amended as follows: (1) Section 1447 is amended by adding at the end thereof the lo USC 1447. following new paragraphs: "(11) 'Retired pay' includes retainer pay. "(12) 'Standard annuity' means an annuity provided by virtue of eligibility under section 1448(a)(1)(A) of this title. lo USC 1448. "(13) 'Reserve-component annuity' means an annuity provided by virtue of eligibility under section 1448(a)(l)(B) of this title.". (2) Section 1447(2)(C) is amended— 10 USC 1447. (A) by striking out "an annuity by virtue of eligibility under section 1448(a)(1)(A) of this title" in subclause (i) and inserting in lieu thereof "a standard annuity"; and (B) by striking out "an annuity by virtue of eligibility under section 1448(a)(1)(B) of this title" in subclause (ii) and inserting in lieu thereof "a reserve-component annuity". (3) Paragraphs (1) and (2) of section 1448(b) are each amended Ante, p. 674. by striking out "an annuity under this paragraph by virtue of eligibility under subsection (a)(1)(B)" and inserting in lieu thereof "a reserve-component annuity". (4) Section 1450(b) is amended by striking out "under this lo USC 1450. section" and inserting in lieu thereof "under the Plan". (5) Section 1450(j) is amended by striking out "any person Ante, p. 672. providing an annuity by virtue of eligibility under section 1448(a)(1)(B) of this title" and inserting in lieu thereof "a person providing a reserve-component annuity". (6) Section 1450(1) is amended— 98 Stat. 2546. (A) by striking out "the plan" both places it appears in the first sentence of paragraph (1) and inserting in lieu thereof "the Plan"; and (B) by striking out "the provision o f in paragraph (2). (7) Section 1452(c) is amended— 10 USC 1452. (A) by striking out "the annuity by virtue of eligibility under section 1448(aKlKA) of this title" and inserting in lieu thereof "a standard annuity";

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