2011 US Code
Title 22 - Foreign Relations and Intercourse
Chapter 52 - FOREIGN SERVICE (§§ 3901 - 4226)
Subchapter VIII - FOREIGN SERVICE RETIREMENT AND DISABILITY (§§ 4041 - 4071k)
Part I - Foreign Service Retirement and Disability System (§§ 4041 - 4069c-1)
Section 4061 - Payments for future benefits

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Metadata
Publication TitleUnited States Code, 2006 Edition, Supplement 5, Title 22 - FOREIGN RELATIONS AND INTERCOURSE
CategoryBills and Statutes
CollectionUnited States Code
SuDoc Class NumberY 1.2/5:
Contained WithinTitle 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 52 - FOREIGN SERVICE
SUBCHAPTER VIII - FOREIGN SERVICE RETIREMENT AND DISABILITY
Part I - Foreign Service Retirement and Disability System
Sec. 4061 - Payments for future benefits
Containssection 4061
Date2011
Laws in Effect as of DateJanuary 3, 2012
Positive LawNo
Dispositionstandard
Source CreditPub. L. 96-465, title I, §821, Oct. 17, 1980, 94 Stat. 2121; Pub. L. 99-335, title IV, §402(a)(3), June 6, 1986, 100 Stat. 609.
Statutes at Large References94 Stat. 2121
100 Stat. 609
Public Law ReferencesPublic Law 96-465, Public Law 99-335

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22 USC § 4061 (2011)
§4061. Payments for future benefits (a) Statutes deemed to authorize appropriations to Fund to finance unfunded liability

Any statute which authorizes—

(1) new or liberalized benefits payable from the Fund under this part, including annuity increases other than under section 4065 of this title;

(2) extension of the benefits of the System to new groups of employees; or

(3) increases in salary on which benefits are computed;


is deemed to authorize appropriations to the Fund to finance the unfunded liability created by that statute, in 30 equal annual installments with interest computed at the rate used in the then most recent valuation of the System and with the first payment thereof due as of the end of the fiscal year in which each new or liberalized benefit, extension of benefits, or increase in salary is effective.

(b) Authorization of appropriations to Fund

There is authorized to be appropriated to the Fund for each fiscal year an amount equal to the amount of the Foreign Service normal cost for that year which is not met by contributions to the Fund under section 4045(a) of this title.

(Pub. L. 96–465, title I, §821, Oct. 17, 1980, 94 Stat. 2121; Pub. L. 99–335, title IV, §402(a)(3), June 6, 1986, 100 Stat. 609.)

Amendments

1986—Subsec. (a)(1). Pub. L. 99–335 inserted “under this part” after “payable from the Fund”.

Effective Date of 1986 Amendment

Amendment by Pub. L. 99–335 effective Jan. 1, 1987, see section 702(a) of Pub. L. 99–335, set out as an Effective Date note under section 8401 of Title 5, Government Organization and Employees.

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