100 STAT. 2760
PUBLIC LAW 99-514—OCT. 22, 1986 "(A) 10 percent of the average annual salary of such judge (determined in accordance with subsection (m)), or "(B) 20 percent of such average annual salary, divided by the n u m b e r of such children; or". (B) A N N U I T Y WHERE N O SURVIVING S P O U S E. — Paragraph
(3) of section 7448(h) is amended by striking o u t all that follows "equal to " and inserting in lieu thereof the following: i
" the lesser of— ' "(A) 20 percent of the average annual salary of such judge (determined in accordance with subsection (m)), or ', "(B) 40 percent of such average annual salary, divided by the n u m b e r of such children." (c) AUTHORITY TO ELECT TERMINATION OF PARTICIPATION I N S U R VI VOR A N N U I T Y P R O G R A M. —
(1) IN GENERAL.—Subsection (g) of section 7448 is amended by inserting "or if any judge ceases to be m a r r i e d after making the election under subsection (b) and revokes (in a writing filed as provided in subsection (b)) such election" after "1939". (2) CONFORMING AMENDMENT. — The subsection
heading
for
such subsection (g) is amended by striking o u t " O F SERVICE". (d) EFFECTIVE D A T E. — (1) SALARY DEDUCTIONS.—
(A) The amendment m a d e by subsection (a)(1)(A) shall t < \ apply to a m o u n t s paid after November 1, 1986. r Jt (B) The amendment m a d e by subsection (a)(1)(B) shall apply to service after November 1, 1986.
- .
(2) APPROPRIATIONS.—The amendments m a d e by subsection ? (a)(2) shall apply to fiscal year s beginning after 1986. (3) COMPUTATION OF A N N U I T I E S. — The amendments m a d e by
subsection (b) shall apply to a n n u i t i e s the s t a r t i n g date of which is after November 1, 1986. (4) OPPORTUNITY TO REVOKE SURVIVOR ANNUITY ELECTION.—
I •'
is-
(A) IN GENERAL.—Any individual who before November 1, 1986, m a d e a n election under subsection (b) of section 7448 of the I n t e r n a l Revenue Code of 1954 may revoke such election. Such a revocation shall constitute a complete withd r a w a l from the survivor a n n u i t y program provided for in such section and shall be filed a s provided for elections under such subsection. (B)
EFFECT
O F REVOCATION.—Any
revocation
under
subparagraph (A) shall have the s a m e effect a s if the r e were a termination to which section 7448(g) of such Code applies on the date such revocation is filed. (C)
PERIOD
REVOCATION
PERMITTED.—Any
revocation
under subparagraph (A) may be m a d e only during the 180day period beginning on the date of the e n a c t m e n t of this Act. •,
(5) OPPORTUNITY TO ELECT SURVIVOR ANNUITY W H E R E PRIOR
REVOCATION.—Any individual who under paragraph (4) revoked a n election under subsection (b) of section 7448 of such Code
- may thereafter m a k e such a n election only if such individual
deposits to the credit of the survivors a n n u i t y fund under subsection (c) of such section the e n t i r e a m o u n t paid to such individual under paragraph (4), together with i n t e r e s t computed as provided in subsection (d) of such section.
�
