
From the U.S. Code Online via GPO Access
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[Laws in effect as of January 23, 2000]
[Document not affected by Public Laws enacted between
  January 23, 2000 and December 4, 2001]
[CITE: 38USC5123]

 
                      TITLE 38--VETERANS' BENEFITS
 
               PART IV--GENERAL ADMINISTRATIVE PROVISIONS
 
            CHAPTER 51--CLAIMS, EFFECTIVE DATES, AND PAYMENTS
 
                   SUBCHAPTER III--PAYMENT OF BENEFITS
 
Sec. 5123. Rounding down of pension rates

    The monthly or other periodic rate of pension payable to an 
individual under section 1521, 1541, or 1542 of this title or under 
section 306(a) of the Veterans' and Survivors' Pension Improvement Act 
of 1978 (Public Law 95-588), if not a multiple of $1, shall be rounded 
down to the nearest dollar.

(Added Pub. L. 97-253, title IV, Sec. 403(a)(1), Sept. 8, 1982, 96 Stat. 
802, Sec. 3023; renumbered Sec. 5123, Pub. L. 102-40, title IV, 
Sec. 402(b)(1), May 7, 1991, 105 Stat. 238; amended Pub. L. 102-83, 
Sec. 5(c)(1), Aug. 6, 1991, 105 Stat. 406.)

                       References in Text

    Section 306(a) of the Veterans' and Survivors' Pension Improvement 
Act of 1978 (Public Law 95-588), referred to in text, is section 306(a) 
of Pub. L. 95-588, title III, Nov. 4, 1978, 92 Stat. 2508, which is set 
out as a note under section 1521 of this title.


                            Prior Provisions

    Prior sections 5201 to 5228 were renumbered sections 8501 to 8528 of 
this title, respectively.


                               Amendments

    1991--Pub. L. 102-40 renumbered section 3023 of this title as this 
section.
    Pub. L. 102-83 substituted ``1521, 1541, or 1542'' for ``521, 541, 
or 542''.


                             Effective Date

    Section 403(b) of Pub. L. 97-253, as amended by Pub. L. 98-21, title 
I, Sec. 111(e), Apr. 20, 1983, 97 Stat. 73; Pub. L. 98-369, div. B, 
title VI, Sec. 2662(j), July 18, 1984, 98 Stat. 1160, provided that:
    ``(1) Except as provided in paragraph (2), the amendment made by 
subsection (a)(1) [enacting this section] shall apply with respect to 
amounts payable for periods beginning after May 31, 1983.
    ``(2) In the cases of individuals to whom pension is payable under 
sections 521, 541, and 542 [now 1521, 1541, and 1542] of title 38, 
United States Code, the amendment made by subsection (a)(1) shall take 
effect on the first day after May 31, 1983, that an increase is made in 
maximum annual rates of pension pursuant to section 3112 [now 5312] of 
title 38, United States Code.''
