Sec. 631. Full participation for members of the uniformed services in Thrift Savings Plan
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Section 8440e(a) of title 5, United States Code, is amended by striking paragraphs
(1)and
(2)and inserting the following new paragraphs: the term basic pay means basic pay payable under section 204 of title 37; the term full TSP member means a member described in subsection (e)(1); the term member has the meaning given the term in section 211 of title 37; and the term Secretary concerned has the meaning given the term in section 101 of title 37. . Subsection
(e)of section 8440e of title 5, United States Code, is amended to read as follows: Notwithstanding any other provision of law, the Secretary concerned shall make contributions to the Thrift Savings Fund, in accordance with section 8432 of this title (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 October 1, 2017; or who entered a uniformed service before that date, but who makes the election described in section 1409(b)(4) of title 10 to receive Thrift Savings Plan matching contributions under this subsection in exchange for the reduced multipliers described in section 1409(b)(4)(B) of title 10 for purposes of calculating the retired pay of the member. The amount contributed under this subsection by the Secretary concerned with respect to any contribution made by a full TSP member for any pay period shall be equal to such portion of the total amount of the member’s contribution as does not exceed 5 percent of the member’s basic pay for the pay period. Such amount contributed under this subsection is instead of, and not in addition to, amounts contributed under section 8432(c)(2) of this title. The Secretary concerned shall make a contribution under this subsection on behalf of a full TSP member for any pay period for the member that— begins on or after December 1, 2017; and covers any period of service by the member after the member completes two years of service. Section 8435 of this title shall apply to a full TSP member in the same manner as such section is applied to an employee or Member under such section. . Section 8432(b)(2) of title 5, United States Code, is amended— in subparagraph (D)(ii), by striking Members and inserting
(ii)Except in the case of a full TSP member (as defined in section 8440e(a) of this title), members ; in subparagraph (E), by striking 8440e(a)(1) and inserting 8440e(b)(1) ; and by adding at the end the following new subparagraph: Notwithstanding any other provision of this paragraph, if a full TSP member (as defined in section 8440e(a) of this title) has declined automatic enrollment into the Thrift Savings Plan for a year, the full TSP member shall be automatically reenrolled on January 1 of the succeeding year, with contributions under subsection
(a)at the default percentage of basic pay. . Section 8432(g)(2) of title 5, United States Code, is amended— in subparagraph (A)(iii), by striking or after the semicolon; in subparagraph (B), by striking the period at the end 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. . Section 8432(g) of title 5, United States Code, is amended by adding at the end the following new paragraph: 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, 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) .