
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: 22USC4062]

 
               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. 4062. Unfunded liability obligations


(a) Notice of interest and military service credit

    At the end of each fiscal year, the Secretary of State shall notify 
the Secretary of the Treasury of the amount equivalent to--
        (1) interest on the unfunded liability computed for that year at 
    the interest rate used in the then most recent valuation of the 
    System, and
        (2) that portion of disbursement for annuities for that year 
    which the Secretary of State estimates is attributable to credit 
    allowed for military and naval service, less an amount determined by 
    the Secretary of State to be appropriate to reflect the value of the 
    deposits made to the credit of the Fund under section 4045(e) of 
    this title.

(b) Credit to Fund

    Before closing the accounts for each fiscal year, the Secretary of 
the Treasury shall credit such amounts to the Fund, as a Government 
contribution, out of any money in the Treasury of the United States not 
otherwise appropriated.

(c) Reports to Congress

    Requests for appropriations to the Fund under section 4061(b) of 
this title shall include reports to the Congress on the sums credited to 
the Fund under this section.

(Pub. L. 96-465, title I, Sec. 822, Oct. 17, 1980, 94 Stat. 2121; Ex. 
Ord. No. 12446, Sec. 4(d), Oct. 17, 1983, 48 F.R. 48445.)


                               Amendments

    1983--Subsec. (a)(2). Ex. Ord. No. 12446 inserted ``, less an amount 
determined by the Secretary of State to be appropriate to reflect the 
value of the deposits made to the credit of the Fund under section 
4045(e) of this title''.


                    Effective Date of 1983 Amendment

    Amendment by Ex. Ord. No. 12446 effective Oct. 17, 1983, see section 
4(e) of Ex. Ord. No. 12446, set out under section 4067 of this title.


                  Termination of Reporting Requirements

    For termination, effective May 15, 2000, of provisions of law 
requiring submittal to Congress of any annual, semiannual, or other 
regular periodic report listed in House Document No. 103-7 (in which a 
report required under subsec. (c) of this section is listed on page 
127), see section 3003 of Pub. L. 104-66, as amended, set out as a note 
under section 1113 of Title 31, Money and Finance.
