AVAILABILITY OF PANAMA CANAL REVOLVING FUND FOR SEVERANCE PAY FOR CERTAIN EMPLOYEES SEPARATED BY PANAMA CANAL AUTHORITY AFTER CANAL TRANSFER DATE.

SEC. 3528. AVAILABILITY OF PANAMA CANAL REVOLVING FUND FOR SEVERANCE PAY FOR CERTAIN EMPLOYEES SEPARATED BY PANAMA CANAL AUTHORITY AFTER CANAL TRANSFER DATE. (a) Availability of Revolving Fund.—Section 1302(a) (22 U.S.C. 3712(a)) is amended' by adding at the end the following new paragraph: “(10) Payment to the Panama Canal Authority, not later than the Canal Transfer Date, of such amount as is computed by the Commission to be the future amount of severance pay to be paid by the Panama Canal Authority to employees whose employment with the Authority is terminated, to the extent that such severance pay is attributable to periods of service performed with the Commission before the Canal Transfer Date ad assuming for purposes of such computation that the Panama Canal Authority, in paying severance pay to terminated employees, will provide for crediting of periods of service with the Commission).”. (b) Stylistic Amendments.—Such section is further amended— (1) by striking out “for—” in the matter preceding paragraph (1) and inserting in lieu thereof “for the following purposes:”; (2) by capitalizing the initial letter of the first word in each of paragraphs (1) through (9);111 STAT. 2070 (3) by striking out the semicolon at the end of each of paragraphs (1) through (7) and inserting in lieu thereof a period; and (4) by striking out and” at the end of paragraph (8) and inserting in lieu thereof a period.