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2023 District of Columbia Code
Title 1 - Government Organization
Chapter 8 - District of Columbia Retirement Funds
Subchapter VI - Financing of Benefit Payments After Depletion of Trust Fund
§ 1–811.05. Special requirements upon discontinuation of Trust Fund

Universal Citation:
DC Code § 1–811.05 (2023)
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§ 1–811.05. Special requirements upon discontinuation of Trust Fund.

(a) Successor to Trustee. — If the Secretary determines that the Trust Fund shall be discontinued after it has been depleted of assets, the Secretary shall appoint a successor to the Trustee to administer the requirements of this chapter, with the same powers and subject to the same conditions as were applicable to the Trustee.

(b) Continuing application of terms and conditions. — The methodology selected by the Secretary under § 1-811.04(b), and the payment of benefits pursuant to such methodology, shall be subject to the same arrangements, terms, and conditions as were applicable under this chapter to the Trust Fund and the benefits paid under the Trust Fund (including provisions relating to the treatment of the Trust Fund under certain laws).

(Aug. 5, 1997, 111 Stat. 727, Pub. L. 105-33, § 11055.)

Prior Codifications

1981 Ed., § 1-766.5.

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