22 U.S.C. § 4058 — Estimate of appropriations needed
submitted 46 years ago by Pub. L. 96-465 to r/title-22-FOREIGN-RELATIONS-AND-INTERCOURSE · 72 words · no verdicts yet
The Treasury Secretary must estimate the annual appropriations needed for the Fund and value the System actuarially at least every five years. The State Secretary may spend up to $5,000 each year on incidental administration expenses, including actuarial advice.
The Secretary of the Treasury must prepare estimates of the annual appropriations needed for the Fund and must make actuarial valuations of the System at intervals of no more than 5 years. The Secretary of State may spend no more than $5,000 each year from Fund money on incidental expenses needed to administer this part, including actuarial advice.
The Secretary of the Treasury shall prepare the estimates of the annual appropriations required to be made to the Fund, and shall make actuarial valuations of the System at intervals of not more than five years. The Secretary of State may expend from money to the credit of the Fund an amount not exceeding $5,000 per year for the incidental expenses necessary in administering the provisions of this part, including actuarial advice.
Source credit: (Pub. L. 96–465, title I, § 818, Oct. 17, 1980, 94 Stat. 2120; Pub. L. 99–335, title IV, § 402(a)(2), June 6, 1986, 100 Stat. 609.)
- 1980Enacted · Pub. L. 96-465 · 94 Stat. 2120
- 1986Amended · Pub. L. 99-335 · 100 Stat. 609
A history note hasn’t been published yet. The record shows enactment by Pub. L. 96-465 on 1980-10-17.
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