PAY INCREASES FOR FISCAL YEARS 2001 THROUGH 2006.

SEC. 602. PAY INCREASES FOR FISCAL YEARS 2001 THROUGH 2006. (a) ECI+0.5 Percent Increase for All Members.—Section 1009(c) of title 37, United States Code, is amended— (1) by inserting “(1)” after “(c) Equal Percentage Increase for All Members.—”; and (2) by adding at the end the following new paragraph: “(2) Notwithstanding paragraph (1), but subject to subsection (d), an adjustment taking effect under this section during each of fiscal years 2001 through 2006 shall provide all eligible members with an increase in the monthly basic pay by the percentage equal to the sum of— “(A) one percent; plus “(B) the percentage calculated as provided under section 5303(a) of title 5 for that fiscal year, without regard to whether rates of pay under the statutory pay systems are actually increased during that fiscal year under that section by the percentage so calculated.”. (b) Effective Date.—The amendments made by subsection (a) shall take effect on October 1, 2000.