Pub. L. 105-61, tit. VI, sec. 642

Pub. L. 105-61, tit. VI, sec. 642

EnactedYear: 1997Length: 329 wordsOfficial source
Sec. 642. (a) This section may be cited as the “Federal Employees’ Retirement System Open Enrollment Act of 1997”. (b) Any individual who, as of January 1, 1998, is employed by the Federal Government, and on such date is subject to subchapter III of chapter 83 of title 5, United States Code, may elect to become subject to chapter 84 of such title in accordance with regulations promulgated under subsection (c). (c) The Office of Personnel Management shall promulgate regulations to carry out the provisions of this section. Such regulations shall— (1)(A) subject to subparagraph (B), provide for an election under subsection (b) to be made not before July 1, 1998, or after December 31, 1998; and (B) with respect to a Member of Congress, provide for— (i) an election under subsection (b) to be made not before July 1, 1998, or after October 31, 1998; and (ii) such an election to take effect not before January 4, 1999; (2) provide notice and information to individuals who may make such an election, including information on a comparison of benefits an individual would receive from coverage under chapter 83 or 84 of title 5, United States Code; and111 STAT. 1319 (3) provide for treatment of such an election similar to the applicable provisions of title III of the Federal Employees’ Retirement System Act of 1986 (Public Law 99–335; 100 Stat. 599 et seq.). (d)(1) Section 210(a)(5)(H)(i) of the Social Security Act (42 U.S.C. 410(a)(5)(H)(i)) is amended— (A) by striking “or” after “1986” and inserting a comma; and (B) by inserting “or the Federal Employees’ Retirement System Open Enrollment Act of 1997” after “(50 U.S.C. 2157),”. (2) Section 3121(b)(5)(H)(i) of the Internal Revenue Code of 1986 is amended— (A) by striking “or” after “1986” and inserting a comma; and (B) by inserting “or the Federal Employees’ Retirement System Open Enrollment Act of 1997” after “(50 U.S.C. 2157),”. This Act may be cited as the “Treasury and General Government Appropriations Act, 1998”.