Sec. 1002. Calculations for payments into Department of Defense Military Retirement Fund using single level percentage of basic pay determined on Armed Force-wide rather than Armed Forces-wide basis
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Section 1465 of title 10, United States Code, is amended— in subsection (c)(1), in the flush matter at the end of paragraph (1), by striking Such single level and inserting Except as otherwise provided in subsection (d), such single level ; by redesignating subsections
(d)and
(e)as subsections
(e)and (f), respectively; and by inserting after subsection
(c)the following new subsection (d): Notwithstanding subsection (c), in any actuarial valuation of Department of Defense military retirement and survivor benefits programs for purposes of a fiscal year beginning after fiscal year 2018— the determination made pursuant to subsection (c)(1)(A) shall be a single level percentage of basic pay for active duty for each armed force (other than the Coast Guard) and for each of the Army National Guard and the Air National Guard for full-time National Guard duty (rather than the single level percentage of basic pay otherwise required by that subsection); and the determination made pursuant to subsection (c)(1)(B) shall be a single level percentage of basic pay and of compensation for members of the Selected Reserve of each armed force (other than the Coast Guard) (rather than the single level percentage of basic pay and of compensation otherwise required by that subsection). In making calculations for purposes of subsection (b)(1) for fiscal years after fiscal year 2018— the Secretary of Defense— shall not use the single level percentage of basic pay determined under subsection (c)(1)(A) as provided for in subsection (b)(1)(A)(i); but shall use for purposes of subsection (b)(1)(A)(i) each separate single level percentage of basic pay determined under paragraph (1)(A) for each armed force and for each of the Army National Guard and the Air National Guard; and the Secretary of Defense— shall not use the single level percentage of basic pay and of compensation determined under subsection (c)(1)(B) as provided for in subsection (b)(1)(B)(i); but shall use for purposes of subsection (b)(1)(B)(i) each separate single level percentage of basic pay and of compensation determined under paragraph (1)(B) for each armed force. In making calculations for purposes of section 1466(a) of this title for purposes of deposits into the Fund for months in fiscal years after fiscal year 2018— the Secretary of Defense— shall not use the single level percentage of basic pay determined under subsection (c)(1)(A) as provided for in section 1466(a)(1)(A) of this title; but shall use for purposes of section 1466(a)(1)(A) of this title each separate single level percentage of basic pay determined under paragraph (1)(A) for each armed force and for each of the Army National Guard and the Air National Guard; and the Secretary of Defense— shall not use the single level percentage of basic pay and of compensation determined under subsection (c)(1)(B) as provided for in section 1466(a)(2)(A) of this title; but shall use for purposes of section 1466(a)(2)(A) each separate single level percentage of basic pay and of compensation determined under paragraph (1)(B) for each armed force. .