ONE-TIME SHIFT OF MILITARY RETIREMENT PAYMENTS.

SEC. 1002. ONE-TIME SHIFT OF MILITARY RETIREMENT PAYMENTS.(a) Reduction of Payments.—Notwithstanding any other provision of law, any amounts that would otherwise be payable from the fund to individuals for the month of August 2013 (with 122 STAT. 4582 disbursements scheduled for September 2013) shall be reduced by 1 percent.(b) Reversion.—Beginning on September 1, 2013 (with disbursements beginning in October 2013), amounts payable to individuals from the fund shall revert back to amounts as specified in law as if the reduction in subsection (a) did not take place.(c) Refund.—Any individual who has a payment reduced under subsection (a) shall receive a one-time payment, from the fund, in an amount equal to the amount of such reduction. This one-time payment shall be included with disbursements from the fund scheduled for October 2013.(d) Fund.—In this section, the term “fund” refers to the Department of Defense Military Retirement Fund established by section 1461 of title 10, United States Code.(e) Transfer.—Not later than 60 days after the date of the enactment of this Act, the Secretary of Defense shall transfer $40,000,000 from the unobligated balances of the National Defense Stockpile Transaction Fund to the Miscellaneous Receipts Fund of the United States Treasury to offset estimated costs arising from section 702 and the amendments made by such section.