Page:United States Statutes at Large Volume 101 Part 2.djvu/1070

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101 STAT. 1330-276
PUBLIC LAW 100-000—MMMM. DD, 1987
101 STAT. 1330-276

101 STAT. 1330-276

PUBLIC LAW 100-203—DEC. 22, 1987

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(1) 60 percent of the lump-sum credit shall be payable on the date on which, but for the enactment of this section, the full amount of the lump-sum credit would otherwise be payable. (2) The remainder of the lump-sum credit shall be payable on ,i f the date which occurs 12 months after the date described in paragraph (1). An amount payable in accordance with paragraph (2) shall be payable with interest, computed using the rate under section 8334(e)(3) of title 5, United States Code. Regulations. (c) EXCEPTIONS.—The Office of Personnel Management shall prescribe regulations under which this section shall not apply— (1) in the case of any individual who is separated from f' Government service involuntarily, other than for cause on charges of misconduct or delinquency; and (2) in the case of any individual as to whom the application of this section would be against equity and good conscience, due to a life-threatening affliction or other critical medical condition affecting such individual. (d) ANNUITY BENEFITS NOT AFFECTED.—Nothing in this section shall affect the commencement date, the amount, or any other aspect of any annuity benefits payable under section 8343a or section 8420a of title 5, United States Code. (e) DEFINITIONS.—For purposes of this section, the terms "lumpsum credit", "employee, and "Member" each has the meaning given such term by section 8331 or section 8401 of title 5, United States Code, as appropriate. 39 USC 2003 no<^e.

SEC. 6002. CONTRIBUTIONS BY THE UNITED STATES POSTAL SERVICE TO THE CIVIL SERVICE RETIREMENT AND DISABILITY FUND. (a) ESTABLISHMENT OF POSTAL SERVICE ESCROW FUND.—There is

established as a separate account in the United States Treasury, the "Postal Service Escrow Fund".'^ Such Fund shall— (1) have such amounts described under subsection (b)(2) deposited no later than October 31, 1988; (2) not be available for expenditures of any amounts therein during the existence of such Fund; and (3) cease to exist on October 1, 1989, and on such date all amounts deposited in such Fund under subsection (b)(2) shall be deposited in the Postal Service Fund established under section 2003 of title 39, United States Code. (b) DEPOSIT OF CERTAIN SAVINGS IN CERTAIN FUNDS.— (1) FISCAL YEAR 1988.—From all funds available to

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the United States Postal Service in fiscal year 1988, the Postal Service shall deposit into the Civil Service Retirement and Disability Fund established under section 8348 of title 5, United States Code, an amount of $350,000,000 in fiscal year 1988, in addition to any amount deposited pursuant to subsection (h) of such section. (2) FISCAL YEAR 1989.—From all funds available to the United States Postal Service in fiscal year 1989, the Postal Service shall deposit into the Postal Service Escrow Fund an amount of $465,000,000 no later than October 31, 1988. (c) CAPITAL LIMITATIONS FOR FISCAL YEARS 1988 AND 1989.— (1) The United States Postal Service may not make any commitment or obligation to expend any monies deposited in the Postal Service Fund established under section 2003 of title 39, United States Code, for the capital investment program— (A) in excess of $625,000,000 in fiscal year 1988; and "• Copy read "Fund." ".