((a)) ** .—** In this section, the term “member” means—

((1)) a member of the uniformed services serving on active duty; and

((2)) a member of the Ready Reserve or the Space Force in any pay status.

((b)) ** .—** Any member may participate in the Thrift Savings Plan in accordance with .

((c)) ** .—** For purposes of subchapters III and VII of chapter 84 of title 5, each of the following actions shall, in the case of a member participating in the Thrift Savings Plan in accordance with section 8440e of such title, be considered a separation from Government employment:

((1)) Release of the member from active duty, not followed, before the end of the 31-day period beginning on the day following the effective date of the release, by—

((A)) a resumption of active duty; or

((B)) an appointment to a position covered by chapter 83 or 84 of title 5 or an equivalent retirement system, as identified by the Executive Director (appointed by the Federal Retirement Thrift Investment Board) in regulations.

((2)) Transfer of the member to inactive status, or to a retired list pursuant to any provision of title 10.

((d)) ** .—** If a loan is issued to a member under from funds in the member’s account in the Thrift Savings Plan, repayment of the loan may be required on the same semi-monthly basis as authorized for contributions to the Thrift Savings Fund on behalf of the member under .