PUBLIC LAW 100-659—NOV. 15, 1988 102 STAT. 3913

deductions from salary which are made under paragraph (1).
Payment of such salary less such deductions (and any deduc-
tions made under section 376 of this title) is a full and complete
discharge and acquittance of all claims and demands for all
services rendered by such bankruptcy judge or magistrate
during the period covered by such payment, except the right to
those benefits to which the bankruptcy judge or magistrate is
entitled under this section (and section 376).
"(k) DEPOSITS FOR PRIOR SERVICE.—Each bankruptcy judge or
magistrate who makes an election under subsection (£) may deposit,
for service performed before such election for which contributions
may be made under this section, an amount equal to 1 percent of the
salary received for that service. Credit for any period covered by
that service may not be allowed for purposes of an annuity under
this section until a deposit under this subsection has been made for
that period.

"(1) INDIVIDUAL RETIREMENT RECORDS.—The amounts deducted
and withheld under subsection (j), a.nd the amounts deposited under
subsection (k), shall be credited to individual accounts in the name
of each bankruptcy judge or magistrate from whom such amounts
are received, for credit to the Judicial Officers' Retirement Fund.
"(m) ANNUITIES AFFECTED IN CERTAIN CASES.—
"(1) PRACTICING LAW AFTER RETIREMENT.—

"(A) FORFEITURE OF ANNUITY.—Subject to subparagraph
(B), any bankruptcy judge or magistrate who retires under
this section and who thereafter practices law shall forfeit
all rights to an annuity under this section for all periods
beginning on or after the first day on which he or she so
practices law.

"(B) FORFEITURE NOT TO APPLY WHERE INDIVIDUAL ELECTS
TO FREEZE AMOUNT OF ANNUITY.—(i) If a bankruptcy judge
or magistrate makes an election to practice law after retire-
ment under this section—

"(I) subparagraph (A) shall not apply to such bank-
ruptcy judge or magistrate beginning on the date such
election takes effect, and

"(II) the annuity payable under this section to such
bankruptcy judge or magistrate, for periods beginning
on or after the date such election takes effect, shall be
equal to the annuity to which such bankruptcy judge or
magistrate is entitled on the day before such effective
date,
"(ii) An election under clause (i)—

"(I) may be made by a bankruptcy judge or mag-
istrate eligible for retirement under this section, and
"(II) shall be filed with the Director of the Adminis-
trative Office of the United States Courts.
Such an election, once it takes effect, shall be irrevocable,
"(iii) Any election under this subparagraph shall take
effect on the first day of the first month following the
month in which the election is made.

"(2) RECALL NOT PERMITTED.—Any bankruptcy judge or mag-
istrate who retires under this section and who thereafter prac-
tices law shall not be eligible for recall under section 155(b), 375,
or 636(h) of this title.

"(3) ACCEPTING OTHER EMPLOYMENT.—Any bankruptcy judge
or magistrate who retires under this section and thereafter