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50 U.S.C. § 2012 — Central Intelligence Agency Retirement and Disability Fund
Federal law — U.S. Code and appendices · legal_authorities
The Director shall maintain the fund in the Treasury known as the “Central Intelligence Agency Retirement and Disability Fund” (hereinafter in this chapter referred to as the “fund”), originally created pursuant to title II of the Central Intelligence Agency Retirement Act of 1964 for Certain Employees.
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Stable record: federal_law:legal_authorities:record_usc_eceabbe4044f116d99747469
Source file: Laws/federal/codes/united-states-code/title-50/section-2012-central-intelligence-agency-retirement-and-disability-fund--e6f8377708.md
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Source location: Title 50, Chapter 38, § 2012; chapter-038-central-intelligence-agency-retirement-and-disability.md
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The Director shall maintain the fund in the Treasury known as the “Central Intelligence Agency Retirement and Disability Fund” (hereinafter in this chapter referred to as the “fund”), originally created pursuant to title II of the Central Intelligence Agency Retirement Act of 1964 for Certain Employees.
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Federal law — U.S. Code and appendices · legal_authorities
### Statutory Notes
#### Codification
Section 402b, comprising section 902 of the Counterintelligence Enhancement Act of 2002, Pub. L. 107–306, title IX, and also of the Intelligence Authorization Act for Fiscal Year 2003, Pub. L. 107–306, was editorially reclassified as [section 3382 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title50-section3382&num=0&edition=prelim).
Source: Supplied U.S. Code snapshot — release unconfirmed · 50 U.S.C. § 403
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Federal law — U.S. Code and appendices · legal_authorities
When used in this chapter:
(1) **Agency** — The term “Agency” means the Central Intelligence Agency.
(2) **Director** — The term “Director” means the Director of the Central Intelligence Agency.
(3) **Qualifying service** — The term “qualifying service” means service determined by the Director to have been performed in carrying out duties described in [section 2013 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title50-section2013&num=0&edition=prelim).
(4) **Fund balance** — The term “fund balance” means the sum of—
(A) the investments of the fund calculated at par value; and
(B) the cash balance of the fund on the books of the Treasury.
(5) **Unfunded liability** — The term “unfunded liability” means the estimated amount by which—
(A) the present value of all benefits payable from the fund exceeds
(B) the sum of—
(i) the present value of deductions to be withheld from the future basic pay of participants subject to subchapter II and of future Agency contributions to be made on the behalf of such participants;
(ii) the present value of Government payments to the fund under sections 2091(c) and 2091(d) of this title; and
(iii) the fund balance as of the date on which the unfunded liability is determined.
(6) **Normal cost** — The term “normal cost” means the level percentage of payroll required to be deposited in the fund to meet the cost of benefits payable under the system (computed in accordance with generally accepted actuarial practice on an entry-age basis) less the value of retirement benefits earned under another retirement system for government employees and less the cost of credit allowed for military service.
(7) **Lump-sum credit** — The term “lump-sum credit” means the unrefunded amount consisti
Source: Supplied U.S. Code snapshot — release unconfirmed · 50 U.S.C. § 2001
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Former spouse share of participant’s annuity**
(1) **Pro rata share** — Unless otherwise expressly provided by a spousal agreement or court order under [section 2094(b) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title50-section2094/b&num=0&edition=prelim), a former spouse of a participant, former participant, or retired participant is entitled to an annuity—
(A) if married to the participant, former participant, or retired participant throughout the creditable service of the participant, equal to 50 percent of the annuity of the participant; or
(B) if not married to the participant throughout such creditable service, equal to that proportion of 50 percent of such annuity that is the proportion that the number of days of the marriage of the former spouse to the participant during periods of creditable service of such participant under this subchapter bears to the total number of days of such creditable service.
(2) **Disqualification upon remarriage before age 55** — A former spouse is not qualified for an annuity under this subsection if before the commencement of that annuity the former spouse remarries before becoming 55 years of age.
(3) **Commencement of annuity** — The annuity of a former spouse under this subsection commences on the day the participant upon whose service the annuity is based becomes entitled to an annuity under this subchapter or on the first day of the month after the divorce or annulment involved becomes final, whichever is later.
(4) **Termination of annuity** — The annuity of such former spouse and the right thereto terminate on—
(A) the last day of the month before the month in which the former spouse dies or remarries before 55 years of age; or
(B) the date on which the annuity of the pa
Source: Supplied U.S. Code snapshot — release unconfirmed · 50 U.S.C. § 2032
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Officers and employees to whom section 2051 rules apply** Notwithstanding any other provision of law, an officer or employee of the Central Intelligence Agency subject to retirement system coverage under subchapter III of chapter 83 of title 5 who—
(1) has five years of civilian service credit toward retirement under such subchapter III of chapter 83, title 5;
(2) has not been designated under [section 2013 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title50-section2013&num=0&edition=prelim) as a participant in the Central Intelligence Agency Retirement and Disability System;
(3) has become disabled during a period of assignment to the performance of duties that are qualifying toward such designation under such [section 2013 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title50-section2013&num=0&edition=prelim); and
(4) satisfies the requirements for disability retirement under [section 8337 of title 5](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title5-section8337&num=0&edition=prelim)—
shall, upon his own application or upon order of the Director, be retired on an annuity computed in accordance with the rules prescribed in [section 2051 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title50-section2051&num=0&edition=prelim), in lieu of an annuity computed as provided by [section 8337 of title 5](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title5-section8337&num=0&edition=prelim).
**(b) Survivors of officers and employees to whom section 2052 rules apply** Notwithstanding any other provision of law, in the case of an officer or employee of the Central Intelligence Agency subject to retirement system coverage under subchapter III of cha
Source: Supplied U.S. Code snapshot — release unconfirmed · 50 U.S.C. § 3519
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Federal law — U.S. Code and appendices · legal_authorities
Page 330
TITLE 50—WAR AND NATIONAL DEFENSE
§ 2011
and a natural child, but does not include a
stepchild.
(Pub. L. 88–643, title I, § 102, as added Pub. L.
102–496, title VIII, § 802, Oct. 24, 1992, 106 Stat.
3198.)
Editorial Notes
PRIOR PROVISIONS
A prior section 111 of Pub. L. 88–643, title I, Oct. 13,
1964, 78 Stat. 1043; Pub. L. 94–522, title I, § 101, Oct. 17,
1976, 90 Stat. 2467, provided definitions for Pub. L. 88–643
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.
Statutory Notes and Related Subsidiaries
EFFECTIVE DATE
Section effective on first day of fourth month begin-
ning after Oct. 24, 1992, see section 805 of Pub. L.
102–496, set out as a note under section 2001 of this title.
SUBCHAPTER II—CENTRAL INTELLIGENCE
AGENCY RETIREMENT AND DISABILITY
SYSTEM
PART A—ESTABLISHMENT OF SYSTEM
§ 2011. CIARDS system
(a) In general
(1) Establishment of system
There is a retirement and disability system
for certain employees of the Central Intel-
ligence Agency known as the Central Intel-
ligence Agency Retirement and Disability
System (hereinafter in this chapter referred to
as the ‘‘system’’), originally established pursu-
ant to title II of the Central Intelligence
Agency Retirement Act of 1964 for Certain
Employees.
(2) DCI regulations
The Director shall prescribe regulations for
the system. The Director shall submit any
proposed regulations for the system to the
congressional intelligence committees not less
than 14 days before they take effect.
(b) Administration of system
The Director shall administer the system in
accordance with regulations prescribed under
this subchapter and with the principles estab-
lished by this subchapter.
(c) F
Source: Supplied 2024 U.S. Code historical extraction · 50 U.S.C. § 2012
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