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10 U.S.C. § 1462 — Assets of Fund
Federal law — U.S. Code and appendices · legal_authorities
There shall be deposited into the Fund the following, which shall constitute the assets of the Fund:
(1) Amounts paid into the Fund under [section 1466 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title10-section1466&num=0&edition=prelim).
(2) Any amount appropriated to the Fund.
(3) Any return on investment of the assets of the Fund.
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Stable record: federal_law:legal_authorities:record_usc_83bf967646ed2a1593021048
Source file: Laws/federal/codes/united-states-code/title-10/section-1462-assets-of-fund--ab6e895d52.md
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Source location: Title 10, Chapter 74, § 1462; chapter-074-department-of-defense-military-retirement-fund.md
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There shall be deposited into the Fund the following, which shall constitute the assets of the Fund:
(1) Amounts paid into the Fund under [section 1466 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title10-section1466&num=0&edition=prelim).
(2) Any amount appropriated to the Fund.
(3) Any return on investment of the assets of the Fund.
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Federal law — U.S. Code and appendices · legal_authorities
**(a)** The Secretary of Defense and the Secretary of the department in which the Coast Guard is operating, with respect to the Coast Guard, shall pay into the Fund at the end of each month the respective pro rata share contribution of the Secretary of Defense and the Secretary of the department in which the Coast Guard is operating to the Fund for that month the amount that is the sum of the following:
(1) The product of—
(A) the level percentage of basic pay determined using all the methods and assumptions approved for the most recent (as of the first day of the current fiscal year) actuarial valuation under [section 1465(c)(1)(A) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title10-section1465/c/1/A&num=0&edition=prelim) (except that any statutory change in the military retirement and survivor benefit systems that is effective after the date of that valuation and on or before the first day of the current fiscal year shall be used in such determination); and
(B) the total amount of basic pay accrued for that month for active duty (other than the Coast Guard) and for full-time National Guard duty (other than full-time National Guard duty for training only), but excluding the amount expected to be paid for any duty that would be excluded for active-duty end strength purposes by [section 115(i) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title10-section115/i&num=0&edition=prelim).
(2) The product of—
(A) the level percentage of basic pay and of compensation (paid pursuant to [section 206 of title 37](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title37-section206&num=0&edition=prelim)) determined using all the methods and assumptions approved for the most recent (as of the first day
Source: Supplied U.S. Code snapshot — release unconfirmed · 10 U.S.C. § 1466
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Federal law — U.S. Code and appendices · legal_authorities
Page 1388
TITLE 10—ARMED FORCES
[§§ 1456 to 1460b
fits to any person by reason of the enactment of such
title VII for any period before Mar. 1, 1986, see section
731 of Pub. L. 99–145, set out as a note under section 1447
of this title.
[SUBCHAPTER III—REPEALED]
[§§ 1456 to 1460b. Repealed. Pub. L. 108–375, div.
A, title VI, § 644(b)(2), Oct. 28, 2004, 118 Stat.
1961]
Section 1456, added Pub. L. 101–189, div. A, title XIV,
§ 1404(a)(1), Nov. 29, 1989, 103 Stat. 1580, related to sup-
plemental spouse coverage: establishment of plan; defi-
nitions.
Section 1457, added Pub. L. 101–189, div. A, title XIV,
§ 1404(a)(1), Nov. 29, 1989, 103 Stat. 1580; amended Pub. L.
102–190, div. A, title VI, § 653(b)(1), Dec. 5, 1991, 105 Stat.
1388; Pub. L. 103–337, div. A, title X, § 1070(e)(5), Oct. 5,
1994, 108 Stat. 2859; Pub. L. 108–375, div. A, title VI,
§ 644(b)(1), Oct. 28, 2004, 118 Stat. 1960, related to supple-
mental spouse coverage: payment of annuity; amount.
Section 1458, added Pub. L. 101–189, div. A, title XIV,
§ 1404(a)(1), Nov. 29, 1989, 103 Stat. 1581; amended Pub. L.
102–190, div. A, title VI, § 653(c)(1), Dec. 5, 1991, 105 Stat.
1388; Pub. L. 108–136, div. A, title VI, § 645(b)(2), Nov. 24,
2003, 117 Stat. 1519; Pub. L. 108–375, div. A, title X,
§ 1084(d)(10), Oct. 28, 2004, 118 Stat. 2061, related to sup-
plemental spouse coverage: eligible participants; elec-
tions of coverage.
Section 1459, added Pub. L. 101–189, div. A, title XIV,
§ 1404(a)(1), Nov. 29, 1989, 103 Stat. 1584, related to
former spouse coverage: special rules.
Section 1460, added Pub. L. 101–189, div. A, title XIV,
§ 1404(a)(1), Nov. 29, 1989, 103 Stat. 1584; amended Pub. L.
102–190, div. A, title VI, § 653(b)(2), Dec. 5, 1991, 105 Stat.
1388; Pub. L. 110–181, div. A, titl
Source: Supplied 2024 U.S. Code historical extraction · 10 U.S.C. § 1462
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