A bill to amend the Bankruptcy Act and civil service retirement law with respect to the tenure and retirement of referees in bankruptcy.

Provides that the term of a full-time referee in bankruptcy shall be 12 years (previously 6 years), and the term of a part-time referee shall be 6 years.

Requires the automatic separation from the Civil Service of a referee in bankruptcy upon attaining 70 years of age with 5 years of service. (Adds 5 U.S.C. 8335(b))