Page:United States Statutes at Large Volume 74.djvu/399

This page needs to be proofread.
[74 Stat. 359]
[74 Stat. 359]
PUBLIC LAW 86-000—MMMM. DD, 1960

74 S T A T. ]

PUBLIC LAW 8 6 - 6 0 4 - J U L Y 7, 1960

359

" (l) any such retired Member or any Member heretofore or hereafter separated w ith title to an immediate or deferred annuity who serves or has served, at any time after separation as a Member, in an appointive position in which he is or was subject to this Act shall, if he so elects, have his Member annuity computed or recomputed as if such service had been performed prior to his separation as a Member and such annuity as so computed or recomputed shall be effective (A) the day Member annuity commences, (B) the first day of the month following the date of separation from the appointive position, or (C) the first day of the first month following the date of enactment of this Act, whichever day is the latest; "(2) if such retired Member shall have become employed after December 31, 1958, in an appointive position on an intermittentservice basis, (A) his annuity shall continue during such employment and shall not be increased as a result of service performed during such employment, (B) no retirement deductions shall be withheld from his salary, (C) there shall be deducted from his salary, except for lump-sum payment purposes under the Act Stat. of December 21, 1944, a sum equal to the annuity allocable to the 58 USC 845, and 5 61b notes. period of actual employment, and (D) the amounts so deducted shall be deposited in the Treasury of the United States to the credit of the fund; "(3) if such retired Member shall have become employed after December 31, 1958, in an appointive position without compensation on a full-time, or a substantially full-time, basis, his annuity shall continue during such employment and shall not be increased as a result of service performed during such employment; and "(4) if such retired Member takes office as Member and gives notice as provided in section 2(c), his service as Member during 5 USC 2252(c). such period shall be credited in determining his right to and the amount of his subsequent annuity. This subsection shall not apply to a Member appointed by the President of the United States to a position not requiring confirmation by the Senate." SEC. 2. Section 403 of the Civil Service Retirement Act Amendments ice of 1956 (70 Stat. 760; 5 U.S.C. 2251 note) is amended by adding at the R Civile mSeenrty Act etir end thereof the following sentence: " I n the case of any Member sepa- Amendments of rated from service before October 1, 1956, with title to a deferred 1956. annuity, the deferred annuity may begin at the age of sixty years if the Member had completed at least ten years of Member service, but no annuity shall be paid under this sentence for any period prior to the first day of the first month which begins after enactment thereof." SEC. 3. (a) Section 2(2) of the Act of June 25, 1958 (Public Law 5 USC 2259 note. 8 5 ^ 6 5; 72 Stat. 219), is amended to read as follows: "(2) who (A) died before February 29, 1948, or (B), if retired under the Alaska Railroad Retirement Act of June 29, 1936, as amended, or under sections 91 to 107, inclusive, of title 2 of the 49 Stat. 2T)17. Canal Zone Code, approved June 19, 1934, as amended, died before April 1, 1948; and". (b) Section 4 of such Act of June 25, 1958, shall apply to annuities 72 Stat. 219, authorized by this section. (c) An annuity provided by this section shall commence August 1, Effective date. 1958, or on the first day of the month in which application therefor is received in the Civil Service Commission, whichever occurs later. SEC. 4. Notwithstanding any other provision of law, benefits payable Payments. by reason of the amendments made by this Act shall be paid from the civil service retirement and disability fund. Approved July 7, 1960.