
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 22USC4061]

 
               TITLE 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


(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, Sec. 821, Oct. 17, 1980, 94 Stat. 2121; Pub. 
L. 99-335, title IV, Sec. 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.

                  Section Referred to in Other Sections

    This section is referred to in sections 4044, 4062 of this title.
