Page:United States Statutes at Large Volume 117.djvu/1534

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[117 STAT. 1515]
PUBLIC LAW 107-000—MMMM. DD, 2003
[117 STAT. 1515]

PUBLIC LAW 108–136—NOV. 24, 2003

117 STAT. 1515

(1) Sections 1413(g) and 1413a(h) of title 10, United States Code, are each amended— (A) by inserting before ‘‘Payments under’’ the following new sentence: ‘‘Payments under this section for a member of the Army, Navy, Air Force, or Marine Corps shall be paid from the Department of Defense Military Retirement Fund.’’; and (B) by inserting ‘‘for any other member’’ before ‘‘for any fiscal year’’. (2) Section 1463(a)(1) of such title is amended by inserting before the semicolon the following: ‘‘and payments under section 1413, 1413a, or 1414 of this title paid to such members’’. (3) Section 1465(b) of such title is amended by adding at the end the following new paragraph: ‘‘(3) At the same time that the Secretary of Defense makes the determination required by paragraph (1) for any fiscal year, the Secretary shall determine the amount of the Treasury contribution to be made to the Fund for the next fiscal year under section 1466(b)(2)(D) of this title. That amount shall be determined in the same manner as the determination under paragraph (1) of the total amount of Department of Defense contributions to be made to the Fund during that fiscal year under section 1466(a) of this title, except that for purposes of this paragraph the Secretary, in making the calculations required by subparagraphs (A) and (B) of that paragraph, shall use the single level percentages determined under subsection (c)(4), rather than those determined under subsection (c)(1).’’. (4) Section 1465(c) of such title is amended— (A) in paragraph (1)— (i) in subparagraph (A), by inserting before the semicolon at the end the following: ‘‘, to be determined without regard to section 1413, 1413a, or 1414 of this title’’; (ii) in subparagraph (B), by inserting before the period at the end the following: ‘‘, to be determined without regard to section 1413, 1413a, or 1414 of this title’’; and (iii) in the sentence following subparagraph (B), by striking ‘‘subsection (b)’’ and inserting ‘‘subsection (b)(1)’’; (B) by redesignating paragraph (4) as paragraph (5); and (C) by inserting after paragraph (3) the following new paragraph (4): ‘‘(4) Whenever the Secretary carries out an actuarial valuation under paragraph (1), the Secretary shall include as part of such valuation the following: ‘‘(A) A determination of a single level percentage determined in the same manner as applies under subparagraph (A) of paragraph (1), but based only upon the provisions of sections 1413, 1413a, and 1414 of this title. ‘‘(B) A determination of a single level percentage determined in the same manner as applies under subparagraph (B) of paragraph (1), but based only upon the provisions of sections 1413, 1413a, and 1414 of this title. Such single level percentages shall be used for the purposes of subsection (b)(3).’’.

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