Sec. 655. REPORT ON IMPLEMENTATION OF CONTRIBUTIONS TO THE DEPARTMENT OF DEFENSE MILITARY RETIREMENT FUND BASED ON PAY COSTS PER ARMED FORCE RATHER THAN ON ARMED FORCES-WIDE BASIS
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## SEC. 655 REPORT ON IMPLEMENTATION OF CONTRIBUTIONS TO THE DEPARTMENT OF DEFENSE MILITARY RETIREMENT FUND BASED ON PAY COSTS PER ARMED FORCE RATHER THAN ON ARMED FORCES-WIDE BASIS ###
(a)Report Required ####
(1)In general Not later than April 1, 2020, the Secretary of Defense shall, in consultation with the Secretaries of the military departments, submit to the congressional defense committees a report setting forth a plan for the implementation of the amendments described in paragraph
(2)as if such amendments would apply with respect to determinations of contributions to the Department of Defense Military Retirement Fund under chapter 74 of title 10, United States Code, and payments into the Fund, beginning with fiscal year 2025. ####
(2)Covered amendments The amendments described in this paragraph are the amendments proposed to be made by section 631 of S.1790 of the 116th Congress, as reported to the Senate by the Committee on Armed Services of the Senate on June 11, 2019. ###
(b)Elements The report required by subsection
(a)shall include the following: ####
(1)A plan to implement the amendments described in paragraph
(2)of subsection
(a)in the manner described in paragraph
(1)of that subsection. ####
(2)A timeline for actions required to implement such amendments in that manner. ####
(3)An assessment of the impact of the implementation of such amendments in that manner on each of the following: #####
(A)The budgeting of the military departments. #####
(B)The efforts of the Department of Defense to achieve audits of its financial statements. #####
(C)Decisions on military manning of the Armed Forces. #####
(D)The cost and complexity of tracking contributions to the Department of Defense Military Retirement Fund.