Sec. 5002. FOREIGN SERVICE PENSION SYSTEM
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## 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''. >
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