FOREIGN SERVICE PENSION SYSTEM.

SEC. 5002. FOREIGN SERVICE PENSION SYSTEM. (a) Definition.—Section 852 of the Foreign Service Act of 1980 (22 U.S.C. 4071a) is amended— (1) by redesignating paragraphs (7), (8), and (9) as paragraphs (8), (9), and (10), respectively; and (2) by inserting after paragraph (6) the following: “(7) the term ‘revised annuity participant’ means any individual who— “(A) on December 31, 2012— “(i) is not a participant; “(ii) is not performing service which is creditable service under section 854; and “(iii) has less than 5 years creditable service under section 854; and “(B) after December 31, 2012, becomes a participant performing service which is creditable service under section 854;” . (b) Deductions and Withholdings From Pay.—Section 856(a)(2) of the Foreign Service Act of 1980 (22 U.S.C. 4071e(a)(2)) is amended— (1) by striking “The applicable percentage under this subsection” and inserting “(A) The applicable percentage for a participant other than a revised annuity participant”; and (2) by adding at the end the following: “(B) The applicable percentage for a revised annuity participant shall be as follows: ``9.85After December 31, 2012''.