USE OF “NORMAL-COST PERCENTAGE”.

SECTION 1. USE OF “NORMAL-COST PERCENTAGE”.Section 307 of the Federal Employees’ Retirement System Act of 1986 (Public Law 99–335; 100 Stat. 607) is amended to read as follows: “SEC. 307. USE OF ‘NORMAL-COST PERCENTAGE’. “Notwithstanding any other provision of law, the normal-cost percentage (as defined by section 8401(23) of title 5, United States Code, as added by this Act) of the Federal Employees’ Retirement System shall be used to value the cost of such System to the Civil Service Retirement and Disability Fund for all purposes in which the cost of the System is required to be determined by the Federal Government. For any comparisons between the cost of performing commercial activities under the contract with commercial sources and the cost of performing such activities using Government facilities and personnel, the cost of the System shall include the cost of such System to the Civil Service Retirement and Disability Fund as specified in the preceding sentence, the cost of the thrift savings plan under subchapter III of chapter 84 of title 5, United States Code, and the cost of social security.”.