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31 U.S.C. § 9501 — Purpose

Federal law — U.S. Code and appendices · legal_authorities

31 U.S.C. § 9501 — Purpose

The purpose of this chapter is to protect the interests of the United States and of the participants and their beneficiaries in Government pension plans by requiring complete disclosure of the financial condition of those plans.

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Stable record: federal_law:legal_authorities:record_usc_0ae2da58a747ed6b57442f86
Source file: Laws/federal/codes/united-states-code/title-31/section-9501-purpose--bd6bfb2df1.md
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Source location: Title 31, Chapter 95, § 9501; chapter-095-government-pension-plan-protection.md

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The purpose of this chapter is to protect the interests of the United States and of the participants and their beneficiaries in Government pension plans by requiring complete disclosure of the financial condition of those plans.

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Federal law — U.S. Code and appendices · legal_authorities

31 U.S.C. § 9504 — Review and recommendations

When necessary or when requested by either House of Congress or a committee of Congress, the Comptroller General shall— (1) review financial and actuarial statements provided under [section 9503 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title31-section9503&num=0&edition=prelim) to decide whether the reporting requirements of section 9503 are adequate to carry out [section 9501 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title31-section9501&num=0&edition=prelim); and (2) submit to Congress recommendations for legislation necessary to carry out [section 9501 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title31-section9501&num=0&edition=prelim).

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Federal law — U.S. Code and appendices · legal_authorities

31 U.S.C. § 9501 — Purpose

Page 586 TITLE 31—MONEY AND FINANCE § 9310 § 9310. Individual sureties If another applicable Federal law or regulation permits the acceptance of a bond from a surety that is not subject to sections 9305 and 9306 and is based on a pledge of assets by the surety, the assets pledged by such surety shall— (1) consist of eligible obligations described under section 9303(a); and (2) be submitted to the official of the Gov- ernment required to approve or accept the bond, who shall deposit the obligations as de- scribed under section 9303(b). (Added Pub. L. 114–92, div. A, title VIII, § 874(a)(1), Nov. 25, 2015, 129 Stat. 940.) Statutory Notes and Related Subsidiaries EFFECTIVE DATE Section effective 1 year after Nov. 25, 2015, see section 874(c) of Pub. L. 114–92, set out as an Effective Date of 2015 Amendment note under section 694b of Title 15, Commerce and Trade. CHAPTER 95—GOVERNMENT PENSION PLAN PROTECTION Sec. 9501. Purpose. 9502. Definitions. 9503. Reports about Government pension plans. 9504. Review and recommendations. § 9501. Purpose The purpose of this chapter is to protect the interests of the United States and of the partici- pants and their beneficiaries in Government pension plans by requiring complete disclosure of the financial condition of those plans. (Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 1050.) HISTORICAL AND REVISION NOTES Revised Section Source (U.S. Code) Source (Statutes at Large) 9501 ......... 31:68. Sept. 12, 1950, ch. 946, 64 Stat. 832, § 120; added Nov. 4, 1978, Pub. L. 95–595, § 1, 92 Stat. 2541. The words ‘‘United States’’ are substituted for ‘‘Na- tion’’ for clarity and consistency. The words ‘‘and cer- tain other pension plans’’ are omitted as unnecessary. § 9502. Definitions In this chapter— (1) ‘

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