
From the U.S. Code Online via GPO Access
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[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 22USC4071e]

 
               TITLE 22--FOREIGN RELATIONS AND INTERCOURSE
 
                       CHAPTER 52--FOREIGN SERVICE
 
       SUBCHAPTER VIII--FOREIGN SERVICE RETIREMENT AND DISABILITY
 
                 Part II--Foreign Service Pension System
 
Sec. 4071e. Deductions and withholdings from pay


(a) Basic pay

    (1) The employing agency shall deduct and withhold from the basic 
pay of each participant the applicable percentage of basic pay specified 
in paragraph (2) of this subsection minus the percentage then in effect 
under section 3101(a) of title 26 (relating to the rate of tax for old 
age, survivors, and disability insurance).
    (2) The applicable percentage under this subsection shall be as 
follows:


                                          7.5....................  Before Janua
ry 1, 1999.
                                          7.75...................  January 1, 1
999, to December 31, 1999.
                                          7.9....................  January 1, 2
000, to December 31, 2000.
                                          7.5....................  After Decemb
er 31, 2000.


(b) Consent to deductions; discharge of claims

    Each participant is deemed to consent and agree to the deductions 
under subsection (a) of this section. Notwithstanding any law or 
regulation affecting the pay of a participant, payment less such 
deductions is a full and complete discharge and acquittance of all 
claims and demands for regular services during the period covered by the 
payment, except the right to any benefits under this part based on the 
service of the participant.

(c) Deposit of amounts

    Amounts deducted and withheld under this section shall be deposited 
in the Treasury of the United States to the credit of the Fund under 
such procedures as the Comptroller General of the United States may 
prescribe.

(d) Entry on individual retirement records

    Under such regulations as the Secretary of State may issue, amounts 
deducted under subsection (a) of this section shall be entered on 
individual retirement records.

(Pub. L. 96-465, title I, Sec. 856, as added Pub. L. 99-335, title IV, 
Sec. 415, June 6, 1986, 100 Stat. 618; amended Pub. L. 99-514, Sec. 2, 
Oct. 22, 1986, 100 Stat. 2095; Pub. L. 105-33, title VII, 
Sec. 7001(e)(1)(A), Aug. 5, 1997, 111 Stat. 661; Pub. L. 106-346, 
Sec. 101(a) [title V, Sec. 505(e)(1)], Oct. 23, 2000, 114 Stat. 1356, 
1356A-53.)


                               Amendments

    2000--Subsec. (a)(2). Pub. L. 106-346, in table, substituted item 
relating to applicable percentage after December 31, 2000, for items 
relating to applicable percentages from January 1, 2001, to December 31, 
2002; and after December 31, 2002.
    1997--Subsec. (a). Pub. L. 105-33 amended subsec. (a) generally. 
Prior to amendment, subsec. (a) read as follows: ``The employing agency 
shall deduct and withhold from basic pay of each participant a 
percentage of basic pay equal to 7\1/2\ percent minus the percentage 
then in effect under section 3101(a) of title 26 (relating to the rate 
of tax for old age, survivors and disability insurance).''
    1986--Subsec. (a). Pub. L. 99-514 substituted ``Internal Revenue 
Code of 1986'' for ``Internal Revenue Code of 1954'', which for purposes 
of codification was translated as ``title 26'' thus requiring no change 
in text.


                    Effective Date of 2000 Amendment

    Amendment by Pub. L. 106-346 effective upon the close of calendar 
year 2000 and applicable thereafter, see section 101(a) [title V, 
Sec. 505(i)] of Pub. L. 106-346, set out as a note under section 8334 of 
Title 5, Government Organization and Employees.


                    Effective Date of 1997 Amendment

    Amendment by Pub. L. 105-33 effective Oct. 1, 1997, see section 
7001(f) of Pub. L. 105-33, set out as a note under section 8334 of Title 
5, Government Organization and Employees.

                  Section Referred to in Other Sections

    This section is referred to in sections 4045, 4071a of this title; 
title 5 section 5545a.
