1. Short title This Act may be cited as the Annuity Safety and Security Under Reasonable Enforcement Act of 2018 or the ASSURE Act of 2018 . 2. Consideration of Federal and military pensions in extensions of credit The Truth in Lending Act ( 15 U.S.C. 1601 et seq.) is amended— (1) in section 104(3), by inserting after other than the following: payments described under section 126(a) and ; (2) by inserting after section 125 the following: 126. Payments in consideration of Federal and military pensions (a) Disclosure The Bureau shall issue regulations requiring any payment to a covered individual, whether or not such payment is an extension of credit, that diminishes the covered individual’s ability to control the payments from their Federal or military pension or Thrift Savings Plan in any way, to be treated as an extension of credit for purposes of the disclosures required under this title. (b) Interest rate cap With respect to a payment to a covered individual described under subsection (a)— (1) if such payment is an extension of consumer credit, a creditor may not impose an annual percentage rate of interest greater than the Federal funds rate plus 6 percent; and (2) if such payment is not an extension of consumer credit, the Bureau shall issue regulations requiring that the aggregate amount of cash and property paid in exchange for such payment may not exceed an amount that is equivalent to the interest rate described under paragraph (1). (c) Definitions For purposes of this section: (1) Covered individual The term covered individual means— (A) an individual who is entitled to payments under a Federal or military pension; and (B) an individual who has not less than 5 years of creditable service under section 8332 or 8411 of title 5, United States Code, in a position in the civil service, as defined in section 2101 of title 5, United States Code. (2) Federal or military pension The term Federal or military pension means— (A) an annuity described under section 8345 or 8465 of title 5, United States Code