Page:United States Statutes at Large Volume 107 Part 1.djvu/938

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107 STAT. 912 PUBLIC LAW 103-82—SEPT. 21, 1993 from service occurring on or after the effective date of this subtitle. (ii) RULES RELATING TO ANNUITIES BASED ON EAR- LIER SEPARATIONS. — An annuity under subchapter III of chapter 83 of title 5, United States Code, payable to an individual based on a separation from service occurring before the effective date of this subtitle shall be subject to the provisions of paragraph (2). (B) AMENDMENTS RELATING TO FERS. — (i) IN GENERAL.— The amendments made by subsection (b) shall apply with respect to any individual entitled to an annuity on the basis of a separation from service occiirring before, on, or after the effective date of this subtitle, subject to clause (ii). (ii) RULE RELATING TO ANNUITIES BASED ON EAR- LIER SEPARATIONS.— In the case of any in^vidual whose entitlement to an annuity is based on a separation from service occurring before the effective date of this subtitle, any increase in such individual's annuity on the basis of a deposit made under section 8442(f) of title 5, United States Code, as amended by subsection (b)(2), shall be effective beginning with the annuity payment payable for the first calendar month beginning after the effective date of this subtitle. (2) SPECIAL RULES.— (A) OLD-AGE OR SURVIVORS INSURANCE BENEFITS.— Subject to subparagraph (B), in any case in which an individual described in paragraph (l)(A)(ii) is also entitled to oldage or survivors insurance benefits under section 202 of the Social Security Act (or would be entitled to such benefite upon filing an application therefor), the amount of the annuity to which such individual is entitled under subchapter III of chapter 83 of title 5, United States Code (after taking into account any crediteble service as a volunteer or volunteer leader under the Economic Opportunity Act of 1964, the Domestic Volunteer Service Act of 1973, or the Peace Corps Act) which is payable for any month shall be reduced by an amount determined by midtiplying the amount of such old-age or survivors insurance benefit for the determination month by a fraction— (i) the numerator of which is the totel of the wages (within the meaning of section 209 of the Social Security Act) for service as a volunteer or volimteer leader under the Economic Opportunity Act of 1964, the Domestic Volunteer Service Act of 1973, or the Peace Corps Act of such individual credited for years before the calendar year in which the determination month occurs, up to the contribution and benefit base determined under section 230 of the Social Security Act (or other applicable maximum annual amount referred to in section 215(e)(1) of such Act for each such year); and (ii) the denominator of which is the totel of all wages described in clause (i), plus all other wages (within the meaning of section 209 of such Act) and all self-employment income (within the meaning of section 211(b) of such Act) of such individual credited