PUBLIC LAW 100-659—NOV. 15, 1988 102 STAT. 3919

the Director of the Administrative Office of the United States
Courts) is amended—

(1) in paragraph (7) by inserting "bankruptcy judges, United
States magistrates," after "United States/';

(2) by redesignating paragraph (18) as paragraph (19); and

(3) by inserting after paragraph (17) the following:

"(18) Regulate and pay annuities to bankruptcy judges and
United States magistrates in accordance with section 377 of this
title and paragraphs (1)(B) and (2) of section 2(c) of the Retire-
ment and Survivors' Annuities for Bankruptcy Judges and
Magistrates Act of 1988;".

(b) CIVIL SERVICE RETIREMENT SYSTEM.—Section 8334(i) of title 5,
United States Code, is amended by adding at the end the following
new paragraph:

"(4) Notwithstanding any other provision of law, a bankruptcy
judge or magistrate who is covered by section 377 of title 28 or
section 2(c) of the Retirement and Survivors' Annuities for Bank-
ruptcy Judges and Magistrates Act of 1988 shall not be subject to
deductions and contributions to the Fund, if the judge or magistrate
notifies the Director of the Administrative Office of the United
States Courts of an election of a retirement annuity under those
provisions. Upon such an election, the judge or magistrate shall be
entitled to a lump-sum credit under section 8342(a) of this title/'.

(c) FEDERAL EMPLOYEES RETIREMENT SYSTEM.—Section 8402 of title
5, United States Code, is amended by adding at the end the following
new subsection:

"(e) A bankruptcy judge or magistrate who is covered by section
377 of title 28 or section 2(c) of the Retirement and Survivors'
Annuities for Bankruptcy Judges and Magistrates Act of 1988 shall
be excluded from the operation of this chapter, other than sub-
chapters III and VII of such chapter, if the judge or magistrate
notifies the Director of the Administrative Office of the United
States Courts of an election of a retirement annuity under those
provisions. Upon such election, the judge or magistrate shall be
entitled to a lump-sum credit under section 8424 of this title.".

SEC. 7. THRIFT SAVINGS PLAN.

(a) PARTICIPATION IN THE PLAN.—Subchapter III of chapter 84 of
title 5, United States Code, is amended by adding at the end the
following:

"§ 8440a. Bankruptcy judges and magistrates

"(a)(l) A bankruptcy judge or magistrate who is covered by section
377 of title 28 or section 2(c) of the Retirement and Survivors'
Annuities for Bankruptcy Judges and Magistrates Act of 1988 may
elect to contribute an amount of such individual's basic pay to the
Thrift Savings Fund.

"(2) An election may be made under paragraph (1) only during a
period provided under section 8432(b) for individuals subject to this
chapter.

"(b)(l) Except as otherwise provided in this subsection, the provi-
sions of this subchapter and subchapter VII shall apply with respect
to bankruptcy judges and magistrates who make contributions to
the Thrift Savings Fund under subsection (a) of this section.

"(2) The amount contributed by a bankruptcy judge or magistrate
for any pay period shall not exceed 5 percent of basic pay for such
pay period.