ANNUITY COMPUTATIONS FOR THE FEDERAL EMPLOYEES’ RETIREMENT SYSTEM.

SEC. 131. ANNUITY COMPUTATIONS FOR THE FEDERAL EMPLOYEES’ RETIREMENT SYSTEM. (a) Survivor Reduction Computation.— Section 8419(a) of title 5, United States Code, is amended— (1) in paragraph (1) by striking out “, shall be reduced” and inserting in lieu thereof “or one-half of the annuity, if jointly designated for this purpose by the employee or Member and the spouse of the employee or Member under procedures prescribed by the Office of Personnel Management, shall be reduced”; and (2) in paragraph (2)(A) by striking out “, shall be reduced” and inserting in lieu thereof “or one-half of the annuity, if jointly designated for this purpose by the employee or Member and the 101 STAT. 1760spouse of the employee or Member under procedures prescribed by the Office of Personnel Management, shall be reduced”. (b) Survivor Benefits.— Section 8442 of title 5, United States Code, is amended— (1) in subsection (a)(1) by inserting after “with respect to the annuitant,” the following: “(or one-half thereof, if designated for this purpose under section 8419 of this title),”; and (2) in subsection (g)(1) by inserting after “paragraph (2)” the following: “(or one-half thereof if designated for this purpose under section 8419 of this title)”.