
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 23, 2000]
[Document not affected by Public Laws enacted between
  January 23, 2000 and December 4, 2001]
[CITE: 50USC2091]

 
                   TITLE 50--WAR AND NATIONAL DEFENSE
 
    CHAPTER 38--CENTRAL INTELLIGENCE AGENCY RETIREMENT AND DISABILITY
 
  SUBCHAPTER II--CENTRAL INTELLIGENCE AGENCY RETIREMENT AND DISABILITY 
                                 SYSTEM
 
                             Part G--Moneys
 
Sec. 2091. Estimate of appropriations needed


(a) Estimates of annual appropriations

    The Director shall prepare the estimates of the annual 
appropriations required to be made to the fund.

(b) Actuarial valuations

    The Director shall cause to be made actuarial valuations of the fund 
at such intervals as the Director determines to be necessary, but not 
less often than every five years.

(c) Changes in law affecting actuarial status of fund

    Any statute which authorizes--
        (1) new or increased benefits payable from the fund under this 
    subchapter, including annuity increases other than under section 
    2131 of this title;
        (2) extension of the coverage of this subchapter to new groups 
    of employees; or
        (3) increases in pay on which benefits are computed;

is deemed to authorize appropriations to the fund in order to provide 
funding for 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 such new or liberalized 
benefit, extension of coverage, or increase in pay is effective.

(d) Authorization

    There is hereby authorized to be appropriated to the fund for each 
fiscal year such amounts as may be necessary to meet the amount of 
normal cost for each year that is not met by contributions under section 
2021(a) of this title.

(e) Unfunded liability; credit allowed for military service

    There is hereby authorized to be appropriated to the fund for each 
fiscal year such sums as may be necessary to provide 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 
    that the Director estimates is attributable to credit allowed for 
    military service,

less an amount determined by the Director to be appropriate to reflect 
the value of the deposits made to the credit of the fund under section 
2082(h) of this title.

(Pub. L. 88-643, title II, Sec. 261, as added Pub. L. 102-496, title 
VIII, Sec. 802, Oct. 24, 1992, 106 Stat. 3234.)


                            Prior Provisions

    A prior section 261 of Pub. L. 88-643, title II, Oct. 13, 1964, 78 
Stat. 1052; Pub. L. 94-522, title I, Sec. 102, Oct. 17, 1976, 90 Stat. 
2467; Ex. Ord. No. 12443, Sec. 12, Sept. 27, 1983, 48 F.R. 44754; Pub. 
L. 99-335, title V, Sec. 501(2), (3), June 6, 1986, 100 Stat. 622, 
related to estimate of appropriations needed and was set out as a note 
under section 403 of this title prior to the general amendment of Pub. 
L. 88-643 by section 802 of Pub. L. 102-496.

                  Section Referred to in Other Sections

    This section is referred to in section 2001 of this title.
