2010 US Code
Title 45 - RAILROADS
CHAPTER 9 - RETIREMENT OF RAILROAD EMPLOYEES
SUBCHAPTER IV - RAILROAD RETIREMENT ACT OF 1974
Sec. 231v - Computation and certification of account benefit ratios
View Metadata| Publication Title | United States Code, 2006 Edition, Supplement 4, Title 45 - RAILROADS |
| Category | Bills and Statutes |
| Collection | United States Code |
| SuDoc Class Number | Y 1.2/5: |
| Contained Within | Title 45 - RAILROADS CHAPTER 9 - RETIREMENT OF RAILROAD EMPLOYEES SUBCHAPTER IV - RAILROAD RETIREMENT ACT OF 1974 Sec. 231v - Computation and certification of account benefit ratios |
| Contains | section 231v |
| Date | 2010 |
| Laws in Effect as of Date | January 7, 2011 |
| Positive Law | No |
| Disposition | standard |
| Source Credit | Aug. 29, 1935, ch. 812, §23, as added Pub. L. 107-90, title I, §108(b), Dec. 21, 2001, 115 Stat. 890. |
| Statutes at Large References | 97 Stat. 438 102 Stat. 2517 115 Stat. 890 |
| Public Law References | Public Law 98-76, Public Law 100-504, Public Law 107-90 |
§231v. Computation and certification of account benefit ratios (a) Initial computation and certification
On or before November 1, 2003, the Railroad Retirement Board shall—
(1) compute the account benefits ratios for each of the most recent 10 preceding fiscal years, and
(2) certify the account benefits ratios for each such fiscal year to the Secretary of the Treasury.
(b) Computations and certifications after 2003On or before November 1 of each year after 2003, the Railroad Retirement Board shall—
(1) compute the account benefits ratio for the fiscal year ending in such year, and
(2) certify the account benefits ratio for such fiscal year to the Secretary of the Treasury.
(c) DefinitionAs used in this section, the term “account benefits ratio” has the meaning given that term in section 3241(c) of the Internal Revenue Code of 1986 [26 U.S.C. 3241(c)].
(Aug. 29, 1935, ch. 812, §23, as added Pub. L. 107–90, title I, §108(b), Dec. 21, 2001, 115 Stat. 890.)
Prior ProvisionsA prior section 231v, act Aug. 29, 1935, ch. 812, §23, as added Aug. 12, 1983, Pub. L. 98–76, title IV, §418, 97 Stat. 438, provided that for purposes of Inspector General Act of 1978, the Railroad Retirement Board is an “establishment” and the Chairman of such Board the “head of the establishment”, prior to repeal by Pub. L. 100–504, title I, §§102(e)(3), 113, Oct. 18, 1988, 102 Stat. 2517, 2530, effective 180 days after Oct. 18, 1988.
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