Sec. 631. Thrift Savings Plan participation for members of the uniformed services
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Section 8440e of title 5, United States Code, is amended by striking subsection
(e)and inserting the following: The Secretary concerned shall make contributions to the Thrift Savings Fund, in accordance with section 8432, except to the extent the requirements under such section are modified by this subsection, for the benefit of a member who— first enters a uniformed service on or after January 1, 2018; or makes an election described in section 1409(b)(4)(B) or 12739(f) of title 10. The amount contributed under this subsection by the Secretary concerned for the benefit of a member described in paragraph
(1)for any pay period shall be not more than 5 percent of such member’s basic pay for such pay period. The Secretary concerned shall make a contribution described in section 8432(c)(1) under this subsection for the benefit of a member described in paragraph
(1)for any pay period during the period that— begins on or after the day that is 60 days after the date the member first enters a uniformed service; and ends on the day such member completes 20 years of service as a member of the uniformed services. The Secretary concerned shall make a contribution described in section 8432(c)(2) under this subsection for the benefit of a member described in paragraph
(1)for any pay period during the period that— begins on or after the day that is 2 years and 1 day after the date the member first enters a uniformed service; and ends on the day such member completes 20 years of service as a member of the uniformed services. Section 8435 shall apply to a member described in paragraph
(1)in the same manner as such section is applied to an employee or Member under such section. In this subsection the term Secretary concerned has the meaning given the term in section 101 of title 37. . Section 8432(b)(2) of title 5, United States Code, is amended— in subparagraph (D)(ii)— by striking
(ii)Members and inserting (ii)(I) Except as provided in subclause (II), members ; and by adding at the end the following: A member described in section 8440e(e)(1) shall be an eligible individual for purposes of this paragraph. ; and by adding at the end the following: Notwithstanding any other provision of this paragraph, a member described in section 8440e(e)(1) who has declined automatic enrollment into the Thrift Savings Plan shall be automatically reenrolled, on January 1 of the year succeeding the year for which the determination is made, to make contributions under subsection
(a)at the default percentage of basic pay. In this paragraph the term member has the meaning given the term in section 211 of title 37. . Section 8432(g) of title 5, United States Code, is amended— in paragraph (2)— in subparagraph (A)(iii), by striking or after the semicolon; in subparagraph (B), by striking the period and inserting ; or ; and by adding at the end the following: 2 years of service in the case of a member of the uniformed services. ; and by adding at the end the following: For purposes of this subsection, a member of the uniformed services shall be considered to have separated from Government employment if the member is discharged or released from service in the uniformed services. . Section 8438(c)(2) of title 5, United States Code, as amended by section 2(a) of the Smarter Savings Act ( Public Law 113–255 ), is amended— in subparagraph (A), by striking
(A)Consistent with the requirements of subparagraph (B), if an and inserting If an ; and by striking subparagraph (B). Section 211 of title 37, United States Code, is amended— by striking subsection (d); and by redesignating subsection
(e)as subsection (d). Section 8432b(c)(2)(B) of title 5, United States Code, is amended by striking (including pursuant to an agreement under section 211(d) of title 37) . The Secretaries concerned, the Director of the Office of Personnel Management, and the Federal Retirement Thrift Investment Board shall each and jointly take appropriate actions to ensure the full and effective commencement of the implementation of the amendments made by this section as of January 1, 2018. In this subsection, the term Secretary concerned has the meaning given that term in section 101 of title 37, United States Code. The amendment made by subsection
(a)shall take effect on the date of the enactment of this Act. The amendments made by subsections
(b)through
(e)shall take effect on January 1, 2018.
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Sec. 631
Thrift Savings Plan participation for members of the uniformed services
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