Browse Arkansas Code titles and sections
5 U.S.C. § 8471 — Definitions
Federal law — U.S. Code and appendices · legal_authorities
For the purposes of this subchapter—
(1) the term “beneficiary” means an individual (other than a participant) entitled to payment from the Thrift Savings Fund under subchapter III of this chapter;
(2) the term “Council” means the Employee Thrift Advisory Council established under [section 8473 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title5-section8473&num=0&edition=prelim);
(3) the term “participant” means an individual for whom an account has been established under [section 8439 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title5-section8439&num=0&edition=prelim);
(4) the term “person” means an individual, partnership, joint venture, corporation, mutual company, joint-stock company, trust, estate, unincorporated organization, association, or labor organization; and
(5) the term “Thrift Savings Fund” means the Thrift Savings Fund established under [section 8437 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title5-section8437&num=0&edition=prelim).
Source: Supplied U.S. Code snapshot — release unconfirmed · 5 U.S.C. § 8471
Stored review status: release_metadata_unconfirmed. A text match is a research starting point; applicability is not established.
Original supplied file — preserved unchanged
Download original Markdown file
File SHA-256: 9eca1651d9da49a853dfd5f0698af7d89e64544a0bc574999a90a3f33f7f27d6. The original may include catalog metadata, neighboring provisions, or embedded records outside this collection's scope. Search shows only the selected federal record. Historical editions and unverified snapshots are not a statement of current law.
Authority boundary: historical or unconfirmed source not current law verified.
Open the recorded source website ↗
Record provenance
Stable record: federal_law:legal_authorities:record_usc_acd5572092fb83dfef8493b7
Source file: Laws/federal/codes/united-states-code/title-5/section-8471-definitions--7632e9d6f9.md
Pages: Not recorded – Not recorded
Passage SHA-256: 593ef978a855eb66b67003608a3c58e5eafad83817028a10c6711b60343e3a29
Source location: Title 5, Chapter 84, § 8471; chapter-084-federal-employees-retirement-system.md
Stored source content
For the purposes of this subchapter—
(1) the term “beneficiary” means an individual (other than a participant) entitled to payment from the Thrift Savings Fund under subchapter III of this chapter;
(2) the term “Council” means the Employee Thrift Advisory Council established under [section 8473 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title5-section8473&num=0&edition=prelim);
(3) the term “participant” means an individual for whom an account has been established under [section 8439 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title5-section8439&num=0&edition=prelim);
(4) the term “person” means an individual, partnership, joint venture, corporation, mutual company, joint-stock company, trust, estate, unincorporated organization, association, or labor organization; and
(5) the term “Thrift Savings Fund” means the Thrift Savings Fund established under [section 8437 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title5-section8437&num=0&edition=prelim).
Cross-references
Connections may be documented source relationships, shared citations or nearby passages. Each explains its basis; a connection alone does not establish applicability to your situation.
Federal law — U.S. Code and appendices · legal_authorities
**(a)** There is established in the Treasury of the United States a Thrift Savings Fund.
**(b)** The Thrift Savings Fund consists of the sum of all amounts contributed under [section 8432 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title5-section8432&num=0&edition=prelim) and all amounts deposited under [section 8479(b) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title5-section8479/b&num=0&edition=prelim), increased by the total net earnings from investments of sums in the Thrift Savings Fund or reduced by the total net losses from investments of the Thrift Savings Fund, and reduced by the total amount of payments made from the Thrift Savings Fund (including payments for administrative expenses).
**(c)** The sums in the Thrift Savings Fund are appropriated and shall remain available without fiscal year limitation—
(1) to invest under [section 8438 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title5-section8438&num=0&edition=prelim);
(2) to pay benefits or purchase annuity contracts under this subchapter;
(3) to pay the administrative expenses of the Federal Retirement Thrift Investment Management System prescribed in subchapter VII of this chapter;
(4) to make distributions for the purposes of [section 8440(b) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title5-section8440/b&num=0&edition=prelim);
(5) to make loans to employees and Members as authorized under [section 8433(g) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title5-section8433/g&num=0&edition=prelim); and
(6) to purchase insurance as provided in [section 8479(b)(2) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title5
Source: Supplied U.S. Code snapshot — release unconfirmed · 5 U.S.C. § 8437
Stored review status: release_metadata_unconfirmed. Explicit cross-reference supplied in source Markdown; currentness and applicability require review.
Federal law — U.S. Code and appendices · legal_authorities
For the purpose of this chapter—
(1) the term “account” means an account established and maintained under [section 8439(a) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title5-section8439/a&num=0&edition=prelim);
(2) the term “annuitant” means a former employee or Member who, on the basis of that individual’s service, meets all requirements for title to an annuity under subchapter II or V of this chapter and files claim therefor;
(3) the term “average pay” means the largest annual rate resulting from averaging an employee’s or Member’s rates of basic pay in effect over any 3 consecutive years of service or, in the case of an annuity under this chapter based on service of less than 3 years, over the total service, with each rate weighted by the period it was in effect;
(4) the term “basic pay” has the meaning given such term by section 8331(3);
(5) the term “Board” means the Federal Retirement Thrift Investment Board established by [section 8472(a) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title5-section8472/a&num=0&edition=prelim);
(6) the term “Civil Service Retirement and Disability Fund” or “Fund” means the Civil Service Retirement and Disability Fund under section 8348;
(7) the term “court” means any court of any State, the District of Columbia, the Commonwealth of Puerto Rico, Guam, the Northern Mariana Islands, or the Virgin Islands, and any Indian court;
(8) the term “Director” means the Director of the Office of Personnel Management;
(9) the term “dynamic assumptions” means economic assumptions that are used in determining actuarial costs and liabilities of a retirement system and in anticipating the effects of long-term future—
(A) investment yields;
(B) increases in rates of basic p
Source: Supplied U.S. Code snapshot — release unconfirmed · 5 U.S.C. § 8401
Stored review status: release_metadata_unconfirmed. Explicit cross-reference supplied in source Markdown; currentness and applicability require review.
Federal law — U.S. Code and appendices · legal_authorities
**(a)** The Board shall establish an Employee Thrift Advisory Council. The Council shall be composed of 15 members appointed by the Chairman of the Board in accordance with subsection (b).
**(b)** The Chairman shall appoint 15 members of the Council, of whom—
(1) 4 shall be appointed to represent the respective labor organizations representing (as exclusive representatives) the first, second, third, and fourth largest numbers of individuals subject to chapter 71 of this title;
(2) 2 shall be appointed to represent the respective labor organizations which have been accorded exclusive recognition under [section 1203(a) of title 39](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title39-section1203/a&num=0&edition=prelim) representing the largest and second largest numbers of individuals employed by the United States Postal Service;
(3) 1 shall be appointed to represent the labor organization which has been accorded exclusive recognition under [section 1203(a) of title 39](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title39-section1203/a&num=0&edition=prelim) representing the largest number of individuals employed by the United States Postal Service as rural letter carriers;
(4) 2 shall be appointed to represent the respective managerial organizations (other than an organization described in paragraph (5)) which consult with the United States Postal Service under [section 1004(b) of title 39](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title39-section1004/b&num=0&edition=prelim) and which represent the largest and second largest numbers of individuals employed by the United States Postal Service as managerial personnel;
(5) 1 shall be appointed to represent the supervisors’ organization as defined in [section 1004(h) of
Source: Supplied U.S. Code snapshot — release unconfirmed · 5 U.S.C. § 8473
Stored review status: release_metadata_unconfirmed. Explicit cross-reference supplied in source Markdown; currentness and applicability require review.
Federal law — U.S. Code and appendices · legal_authorities
**(a)**
(1) The Executive Director shall establish and maintain an account for each individual who makes contributions or for whom contributions are made under [section 8432 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title5-section8432&num=0&edition=prelim) or who makes contributions to the Thrift Savings Fund.
(2) The balance in an individual’s account at any time is the excess of—
(A) the sum of—
(i) all contributions made to the Thrift Savings Fund by the individual;
(ii) all contributions made to such Fund for the benefit of the individual; and
(iii) the total amount of the allocations made to and reductions made in the account pursuant to paragraph (3), over
(B) the amounts paid out of the Thrift Savings Fund with respect to such individual under this subchapter.
(3) Pursuant to regulations prescribed by the Executive Director, the Executive Director shall allocate to each account an amount equal to a pro rata share of the net earnings and net losses from each investment of sums in the Thrift Savings Fund attributable to sums credited to such account, reduced by an appropriate share of the administrative expenses paid out of the net earnings under [section 8437(d) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title5-section8437/d&num=0&edition=prelim), as determined by the Executive Director.
**(b)**
(1) For the purposes of this subsection, the term “qualified public accountant” shall have the same meaning as provided in section 103(a)(3)(D) of the Employee Retirement Income Security Act of 1974 ([29 U.S.C. 1023(a)(3)(D)](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title29-section1023/a/3/D&num=0&edition=prelim)).
(2) The Executive Director shall annually enga
Source: Supplied U.S. Code snapshot — release unconfirmed · 5 U.S.C. § 8439
Stored review status: release_metadata_unconfirmed. Explicit cross-reference supplied in source Markdown; currentness and applicability require review.
Federal law — U.S. Code and appendices · legal_authorities
Page 1191
TITLE 5—GOVERNMENT ORGANIZATION AND EMPLOYEES
§ 8471
see section 529 [title III, § 305] of Pub. L. 101–509, set out
as an Effective Date of 1990 Amendment note under sec-
tion 5301 of this title.
EFFECTIVE DATE OF 1988 AMENDMENT
Pub. L. 100–238, title I, § 134(d), Jan. 8, 1988, 101 Stat.
1765, provided that:
‘‘(1) GENERALLY.—The amendments made by this sec-
tion [amending this section and provisions set out as
notes under section 8331 of this title] shall take effect
on the date of the enactment of this Act [Jan. 8, 1988],
and as provided in paragraph (2), shall apply with re-
spect to any individual who becomes a reemployed an-
nuitant on or after such date.
‘‘(2) EXCEPTION.—The amendment made by subsection
(b) [amending provisions set out as a note under section
8331 of this title] shall apply with respect to any elec-
tion made by a reemployed annuitant on or after the
date of the enactment of this Act [Jan. 8, 1988].’’
CONSTRUCTION OF 2009 AMENDMENT
Nothing in amendment by section 1122 of Pub. L.
111–84 to be construed to authorize the waiver of the
hiring preferences under chapter 33 of this title in se-
lecting annuitants to employ in an appointive or elec-
tive position, see section 1122(c) of Pub. L. 111–84, set
out as a note under section 8344 of this title.
ANNUAL REPORT TO CONGRESS
Each agency in legislative branch to submit to
Speaker of House of Representatives and Committee on
Rules and Administration of Senate, for each calendar
year, a written report on how authority made available
as result of amendment by Pub. L. 102–190 was used by
such agency during the period covered by such report,
see section 655(d) of Pub. L. 102–190, set out as a note
under section 8344 of this title.
§ 8469. Withholding of State income taxes
Source: Supplied 2024 U.S. Code historical extraction · 5 U.S.C. § 8471
Stored review status: historical_2024_not_currentness_verified. Same stored citation; legal effect and authority still require review.