Section 1 Short title
This Act may be cited as the “Retired Civil Servant Military Service Restoration Act of 2015”.
Retired Civil Servant Military Service Restoration Act of 2015
A BILL
To amend title 5, United States Code, to clarify the timing of deposits relating to the Civil Service Retirement System with respect to crediting military service, and for other purposes.
Sec. 2 Retroactive military service deposit under Civil Service Retirement System
Timing of deposit— Section 8334(j) of title 5, United States Code, is amended by adding at the end the following:
“(6)
“(A) A deposit described under paragraph (1) may be made by an employee or Member at any time before or after the date of separation on which the entitlement to any annuity under this subchapter is based.
“(B) With respect to a deposit made after such date pursuant to subparagraph (A)—
“(i) the deposit shall include interest computed in accordance with subsection (e); and
“(ii) the annuity or lump-sum payable after such deposit is made shall include interest computed in accordance with this subchapter.”
Effective date— The amendment made by subsection (a) shall apply with respect to any employee or Member (as such terms are defined in section 8331 of title 5, United States Code) who retires on or after September 8, 1982.
Retirement counseling— Section 8350(c)(1) of such title is amended by striking “title, and” and inserting “title, shall ensure that employees and Members who served in the Armed Forces are made aware of crediting military service pursuant to sections 8332 and 8334 of this title, and”.