,i  #aag? ,,congress  #a/ ,session  ,h4 
,r4 #dgcj  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,july #bg1 #bjba,mr4  
,waltz 7= himself & ,mr4 ,panetta7      
introduc$ ! foll[+ bill2 :i* 0 ref]r$ to
 ! ,committee on ,arm$ ,s]vices  ,a     
,,bill  ,to e/abli%1 = c]ta9            
individuals1 an op5 enrollm5t p]iod = ! 
,survivor ,b5efit ,plan "u sub*apt] ,,ii
 ( *apt] #gc ( title #aj1 ,unit$ ,/ates 
,code4  #a4 ,%ort title ,?is ,act may be
 cit$ z ! ,! ,po/-,wid[s ,tax ,repeal   
,,sbp ,op5 ,enrollm5t = ,s]vice-,disabl$
 ,vet]ans ,act4  #b4 ,survivor b5efit   
plan op5 enrollm5t p]iod  7a7 ,p]sons n 
curr5tly p>ticipat+ 9 survivor b5efit   
plan  7#a7 ,election ( ,,sbp cov]age ,an
 eligible retir$ or =m] memb] may elect 
to p>ticipate 9 ! ,survivor ,b5efit     
,plan dur+ ! op5 enrollm5t p]iod        
specifi$ 9 subsection 7d74  7#b7        
,eligible retir$ or =m] memb] ,=        
purposes ( p>agraph 7#a71 an eligible   
retir$ or =m] memb] is a memb] or =m]   
memb] ( ! uni=m$ s]vices :o1 on ! day   

be=e ! fir/ day ( ! op5 enrollm5t p]iod1
 discont9u$ p>ticipation 9 ! ,survivor  
,b5efit ,plan "u section #adeb7;g7 (    
title #aj1 ,unit$ ,/ates ,code1 &-- 7,a7
 is entitl$ to retir$ pay2 or  7,b7 w\ld
 be entitl$ to retir$ pay "u *apt] (    
title #aj1 ,unit$ ,/ates ,code 7or *apt]
 #fg ( su* title z 9 effect be=e ,octob]
 #e1 #aiid71 b = ! fact t su* memb] or  
=m] memb] is "u #fj ye>s ( age4  7#c7   
,/atus "u ,,sbp ( p]sons mak+ elections 
7,a7 ,/&>d annuity ,a p]son mak+ an     
election "u p>agraph 7#a7 by reason (   
eligibility "u p>agraph 7#b77;,a7 %all  
be treat$ = all purposes z provid+ a    
/&>d annuity "u ! ,survivor ,b5efit     
,plan4  7,b7 ,res]ve-compon5t annuity ,a
 p]son mak+ an election "u p>agraph 7#a7
 by reason ( eligibility "u p>agraph    
7#b77;,b7 %all be treat$ = all purposes 
z provid+ a res]ve-compon5t annuity "u !
 ,survivor ,b5efit ,plan4  7b7 ,mann] ( 
mak+ elections  7#a7 ,9 g5]al ,an       
election "u ?is section mu/ be made 9   
writ+1 sign$ by ! p]son mak+ ! election1

 & receiv$ by ! ,secret>y conc]n$ be=e !
 end ( ! op5 enrollm5t p]iod4 ,except z 
provid$ 9 p>agraph 7#b71 any su*        
election %all be made subject to ! same 
conditions1 & ) ! same opportunities =  
designation ( b5efici>ies &             
specification ( base am\nt1 t apply "u !
 ,survivor ,b5efit ,plan4 ,a p]son mak+ 
an election "u subsection 7a7 to provide
 a res]ve-compon5t annuity %all make a  
designation describ$ 9 section #addh7;e7
 ( title #aj1 ,unit$ ,/ates ,code4  7#b7
 ,election mu/ be volunt>y ,an election 
"u ?is section is n effective unless !  
p]son mak+ ! election decl>es ! election
 to be volunt>y4 ,an election to        
p>ticipate 9 ! ,survivor ,b5efit ,plan  
"u ?is section may n be requir$ by any  
c\rt4 ,an election to p>ticipate or n to
 p>ticipate 9 ! ,survivor ,b5efit ,plan 
is n subject to ! concurr5ce ( a sp\se  
or =m] sp\se ( ! p]son4  7c7 ,effective 
date = elections ,any su* election %all 
be effective z ( ! fir/ day ( ! fir/    
cal5d> mon? foll[+ ! mon? 9 :i* !       

election is receiv$ by ! ,secret>y      
conc]n$4  7d7 ,op5 enrollm5t p]iod def9$
 ,! op5 enrollm5t p]iod is ! p]iod      
beg9n+ on ! date ( ! enactm5t ( ?is ,act
 & end+ on ,janu>y #a1 #bjbc4  7e7      
,applicability ( c]ta9 provisions ( law 
,! provisions ( sections #addi1 #adec1 &
 #aded ( title #aj1 ,unit$ ,/ates ,code1
 are applicable to a p]son mak+ an      
election1 & to an election1 "u ?is      
section 9 ! same mann] z if ! election 7
 made "u ! ,survivor ,b5efit ,plan4  7f7
 ,premiums = op5 enrollm5t election     
7#a7 ,premiums to be *>g$ ,! ,secret>y (
 ,def5se %all prescribe 9 regulations   
premiums :i* a p]son elect+ "u ?is      
section %all be requir$ to pay =        
p>ticipat+ 9 ! ,survivor ,b5efit ,plan  
pursuant to ! election4 ,! total am\nt (
 ! premiums to be paid by a p]son "u !  
regulations %all be equal to ! sum (--  
7,a7 ! total am\nt by :i* ! retir$ pay (
 ! p]son w\ld h be5 r$uc$ be=e !        
effective date ( ! election if ! p]son  
_h elect$ to p>ticipate 9 ! ,survivor   

,b5efit ,plan 7= ! same base am\nt      
specifi$ 9 ! election7 at ! fir/        
opportunity t 0 af=d$ ! memb] to        
p>ticipate "u *apt] #gc ( title #aj1    
,unit$ ,/ates ,code2  7,b7 int]e/ on !  
am\nts by :i* ! retir$ pay ( ! p]son    
w\ld h be5 s r$uc$1 comput$ f ! dates on
 :i* ! retir$ pay w\ld h be5 s r$uc$ at 
su* rate or rates & accord+ to su*      
me?odology z ! ,secret>y ( ,def5se      
det]m9es reasonable2 &  7,c7 any        
additional am\nt t ! ,secret>y det]m9es 
necess>y to protect ! actu>ial s\ndness 
( ! ,dep>tm5t ( ,def5se ,milit>y        
,retirem5t ,fund aga9/ any increas$ risk
 = ! fund t is associat$ ) ! election4  
7#b7 ,premiums to be cr$it$ to retirem5t
 fund ,premiums paid "u ! regulations   
%all be cr$it$ to ! ,dep>tm5t ( ,def5se 
,milit>y ,retirem5t ,fund4  7g7         
,def9itions ,9 ?is section3 7#a7 ,! t]m 
,survivor ,b5efit ,plan means ! program 
e/abli%$ "u sub*apt] ,,ii ( *apt] #gc ( 
title #aj1 ,unit$ ,/ates ,code4  7#b7 ,!
 t]m retir$ pay includes reta9] pay paid

 "u section #hccj ( title #aj1 ,unit$   
,/ates ,code4  7#c7 ,! t]ms uni=m$      
s]vices & ,secret>y conc]n$ h ! mean+s  
giv5 ^? t]ms 9 section #aja ( title #cg1
 ,unit$ ,/ates ,code4  7#d7 ,! t]m      
,dep>tm5t ( ,def5se ,milit>y ,retirem5t 
,fund means ! ,dep>tm5t ( ,def5se       
,milit>y ,retirem5t ,fund e/abli%$ "u   
section #adfa7;a7 ( title #aj1 ,unit$   
,/ates ,code4