PUBLIC LAW 108–133—NOV. 22, 2003
117 STAT. 1387
exceed the amount that would have been deducted and withheld under this Act from basic pay during the period of creditable service if the member had not performed the period of military service. ‘‘(ii) Any deposit made under clause (i) more than 2 years after the later of— ‘‘(I) October 1, 2004; or ‘‘(II) the date on which the member making the deposit first becomes a member following the period of military service for which such deposit is due, shall include interest on such amount computed and compounded annually beginning on the date of the expiration of the 2-year period. The interest rate that is applicable in computing interest in any year under this paragraph shall be equal to the interest rate that is applicable for such year under paragraph (5)(B). ‘‘(iii) The Secretary of Defense, the Secretary of Transportation, the Secretary of Commerce, or the Secretary of Health and Human Services, as appropriate, shall furnish such information to the Mayor as the Mayor may determine to be necessary for the administration of this subsection. ‘‘(iv) Effective with respect to any period of military service after November 10, 1996, the percentage of basic pay under section 204 of title 37, United States Code, payable under clause (i) shall be equal to the same percentage as would be applicable under subsection (d) of this section for that same period for service as a member subject to clause (i)(II).’’.
Effective date.
SEC. 3. ADJUSTMENT IN FEDERAL BENEFIT PAYMENTS TO CERTAIN POLICE AND FIRE RETIREES TO TAKE MILITARY SERVICE ADJUSTMENT INTO ACCOUNT.
(a) IN GENERAL.—Section 11012 of the National Capital Revitalization and Self-Government Improvement Act of 1997 (sec. 1– 803.02, D.C. Official Code) is amended by adding at the end the following new subsection: ‘‘(f) TREATMENT OF MILITARY SERVICE CREDIT PURCHASED BY CERTAIN POLICE AND FIRE RETIREES.—For purposes of subsection (a), in determining the amount of a Federal benefit payment made to an officer or member, the benefit payment to which the officer or member is entitled under the District Retirement Program shall include any amounts which would have been included in the benefit payment under such Program if the amendments made by the District of Columbia Military Retirement Equity Act of 2003 had taken effect prior to the freeze date.’’. (b) CONFORMING AMENDMENT.—Section 11003(5) of such Act (sec. 1–801.02(5), D.C. Official Code) is amended by inserting ‘‘and (f)’’ after ‘‘section 11012(e)’’.
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