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31 U.S.C. § 9504 — Review and recommendations
Federal law — U.S. Code and appendices · legal_authorities
Page 587
TITLE 31—MONEY AND FINANCE
§ 9504
ganization Plan of November 25, 2002, as modified, set
out as a note under section 542 of Title 6.
§ 9503. Reports about Government pension plans
[(a) Repealed. Pub. L. 105–362, title XV,
§ 1501(a), Nov. 10, 1998, 112 Stat. 3294.]
(b) This chapter does not prevent a Govern-
ment pension plan from using the services of an
enrolled actuary employed by an agency admin-
istering the plan.
(c) The requirements of this section are satis-
fied with respect to the Thrift Savings Plan de-
scribed under subchapter III of chapter 84 of
title 5, by preparation and transmission of the
report described under section 8439(b) of such
title.
(Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 1050; Pub.
L. 104–66, title II, § 2081, Dec. 21, 1995, 109 Stat.
729; Pub. L. 105–362, title XV, § 1501(a), Nov. 10,
1998, 112 Stat. 3294.)
HISTORICAL AND REVISION NOTES
Revised
Section
Source (U.S. Code)
Source (Statutes at Large)
9503(a) .....
31:68a(a), (b).
Sept. 12, 1950, ch. 946, 64 Stat.
832, § 121; added Nov. 4, 1978,
Pub. L. 95–595, § 1, 92 Stat.
2541.
9503(b) .....
31:68a(c).
In subsection (a), before clause (1), the words ‘‘Not-
withstanding any other provision of law or any admin-
istrative determination to the contrary . . . Federal’’
are omitted as unnecessary. The words ‘‘and each plan
described in section 68c(b) of this title’’ are omitted as
unnecessary because of the restatement. In clause (1),
before subclause (A), the words ‘‘required by such sec-
tion’’ are omitted as unnecessary because of the re-
statement. In subclause (A), the word ‘‘information’’ is
substituted for ‘‘information and data’’ because it is in-
clusive and for consistency. In clause (4), the words
‘‘and shall not supersede’’ are omitted as surplus
Source: Supplied 2024 U.S. Code historical extraction · 31 U.S.C. § 9504
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Source location: USCODE-2024-title31-subtitleVI-chap95-sec9504.pdf
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Page 587
TITLE 31—MONEY AND FINANCE
§ 9504
ganization Plan of November 25, 2002, as modified, set
out as a note under section 542 of Title 6.
§ 9503. Reports about Government pension plans
[(a) Repealed. Pub. L. 105–362, title XV,
§ 1501(a), Nov. 10, 1998, 112 Stat. 3294.]
(b) This chapter does not prevent a Govern-
ment pension plan from using the services of an
enrolled actuary employed by an agency admin-
istering the plan.
(c) The requirements of this section are satis-
fied with respect to the Thrift Savings Plan de-
scribed under subchapter III of chapter 84 of
title 5, by preparation and transmission of the
report described under section 8439(b) of such
title.
(Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 1050; Pub.
L. 104–66, title II, § 2081, Dec. 21, 1995, 109 Stat.
729; Pub. L. 105–362, title XV, § 1501(a), Nov. 10,
1998, 112 Stat. 3294.)
HISTORICAL AND REVISION NOTES
Revised
Section
Source (U.S. Code)
Source (Statutes at Large)
9503(a) .....
31:68a(a), (b).
Sept. 12, 1950, ch. 946, 64 Stat.
832, § 121; added Nov. 4, 1978,
Pub. L. 95–595, § 1, 92 Stat.
2541.
9503(b) .....
31:68a(c).
In subsection (a), before clause (1), the words ‘‘Not-
withstanding any other provision of law or any admin-
istrative determination to the contrary . . . Federal’’
are omitted as unnecessary. The words ‘‘and each plan
described in section 68c(b) of this title’’ are omitted as
unnecessary because of the restatement. In clause (1),
before subclause (A), the words ‘‘required by such sec-
tion’’ are omitted as unnecessary because of the re-
statement. In subclause (A), the word ‘‘information’’ is
substituted for ‘‘information and data’’ because it is in-
clusive and for consistency. In clause (4), the words
‘‘and shall not supersede’’ are omitted as surplus. In
clause (5), the words ‘‘the Comptroller General deems’’
are omitted as unnecessary. The words ‘‘under section
1023 of title 29’’ are omitted as unnecessary because of
the restatement.
In subsection (b), the words ‘‘This chapter does not
prevent’’ are substituted for ‘‘Nothing in this chapter
shall preclude’’ for clarity. The words ‘‘or agencies’’ are
omitted as unnecessary because of 1:1.
Editorial Notes
AMENDMENTS
1998—Subsec. (a). Pub. L. 105–362 struck out subsec.
(a) which required Government pension plans to be sub-
ject to 29 U.S.C. 1023, except for officers or employees
of the Central Intelligence Agency unless the President
specifically approves application of the requirements of
section 1023 in writing for such officers and employees.
1995—Subsec. (c). Pub. L. 104–66 added subsec. (c).
Executive Documents
EX. ORD. NO. 12177. DELEGATION OF FUNCTIONS TO DIREC-
TOR OF OFFICE OF MANAGEMENT AND BUDGET AND SEC-
RETARY OF THE TREASURY
Ex. Ord. No. 12177, Dec. 10, 1979, 44 F.R. 71805, pro-
vided:
By the authority vested in me as President of the
United States of America by Section 121(a)(1) of the
Budget and Accounting Procedures Act of 1950, as
amended (92 Stat. 2541, Public Law 95–595, 31 U.S.C. 68a)
[31 U.S.C. 9503] and Section 301 of Title 3 of the United
States Code, and in order to provide consistency among
the financial and actuarial statements of Federal Gov-
ernment pension plans, it is hereby ordered as follows:
1–101. All the functions vested in the President by
Section 121(a) of the Budget and Accounting Procedures
Act of 1950, as amended (31 U.S.C. 68a) [31 U.S.C. 9503],
are delegated to the Director of the Office of Manage-
ment and Budget. The Director may, from time to
time, designate other officers or agencies of the Fed-
eral Government to perform any or all of the functions
hereby delegated to the Director, subject to such in-
structions, limitations, and directions as the Director
deems appropriate.
1–102. The head of an Executive agency responsible
for the administration of any Federal Government pen-
sion plan within the meaning of Section 123(a) of the
Budget and Accounting Procedures Act of 1950, as
amended (31 U.S.C. 68c) [31 U.S.C. 9502(1)], except sub-
sections (a)(9) and (b), shall ensure that the administra-
tors of those plans comply with the form, manner, and
time of filing as required by the Director of the Office
of Management and Budget.
1–103. Subject to the provisions of Section 1–101 of
this Order, and in the absence of any contrary delega-
tion or direction by the Director, the Secretary of the
Treasury, with respect to the development of the form
and content of the annual reports, shall perform the
functions set forth in Section 121(a) of the Budget and
Accounting Procedures Act of 1950, as amended (31
U.S.C. 68a) [31 U.S.C. 9503]. In performing this function,
the Secretary shall also be responsible for consulting
with the Comptroller General.
JIMMY CARTER.
§ 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 to de-
cide whether the reporting requirements of
section 9503 are adequate to carry out section
9501 of this title; and
(2) submit to Congress recommendations for
legislation necessary to carry out section 9501
of this title.
(Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 1051.)
HISTORICAL AND REVISION NOTES
Revised
Section
Source (U.S. Code)
Source (Statutes at Large)
9504 .........
31:68b.
Sept. 12, 1950, ch. 946, 64 Stat.
832, § 122; added Nov. 4, 1978,
Pub. L. 95–595, § 1, 92 Stat.
2542.
The word ‘‘When’’ is substituted for ‘‘If’’ in both
places as being more precise. The word ‘‘deemed’’ is
omitted as unnecessary because of the restatement.
The words ‘‘the General Accounting Office’’ are omit-
ted as unnecessary because of the restatement and be-
cause the authority to act is vested in the Comptroller
General.
CHAPTER 97—MISCELLANEOUS
Sec.
9701.
Fees and charges for Government services and
things of value.
9702.
Investment of trust funds.
9703.
Managerial accountability and flexibility.
9704.
Pilot projects for managerial accountability
and flexibility.
9705.
Department of the Treasury Forfeiture Fund.
Editorial Notes
AMENDMENTS
2015—Pub. L. 114–22, title I, § 105(c)(2)(B), May 29, 2015,
129 Stat. 238, amended analysis generally, substituting
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) Publication and filing**
(1)
(A) An annual report shall be published with respect to every employee benefit plan to which this part applies. Such report shall be filed with the Secretary in accordance with [section 1024(a) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title29-section1024/a&num=0&edition=prelim), and shall be made available and furnished to participants in accordance with [section 1024(b) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title29-section1024/b&num=0&edition=prelim).
(B) The annual report shall include the information described in subsections (b) and (c) and where applicable subsections (d), (e), (f), and (g) and shall also include—
(i) a financial statement and opinion, as required by paragraph (3) of this subsection, and
(ii) an actuarial statement and opinion, as required by paragraph (4) of this subsection.
(2) If some or all of the information necessary to enable the administrator to comply with the requirements of this subchapter is maintained by—
(A) an insurance carrier or other organization which provides some or all of the benefits under the plan, or holds assets of the plan in a separate account,
(B) a bank or similar institution which holds some or all of the assets of the plan in a common or collective trust or a separate trust, or custodial account, or
(C) a plan sponsor as defined in [section 1002(16)(B) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title29-section1002/16/B&num=0&edition=prelim),
such carrier, organization, bank, institution, or plan sponsor shall transmit and certify the accuracy of such information to the administrator within 120 days after the end of the plan year (or such other date as
Source: Supplied U.S. Code snapshot — release unconfirmed · 29 U.S.C. § 1023
Stored review status: release_metadata_unconfirmed. The source passage cites 29 U.S.C. § 1023. This identifies an authority to review, not proof of applicability.
Federal law — U.S. Code and appendices · legal_authorities
Page 387
TITLE 29—LABOR
§ 1023
ployee benefit plan shall be prepared on forms pre-
scribed by the Secretary, and shall be filed with the
Secretary as required by section 1024(a)(1) of this title.
Any material modification in the terms of the plan and
any change in the information described in subsection
(b)
shall
be
filed
in
accordance
with
section
1024(a)(1)(D) of this title.’’
Subsec. (b). Pub. L. 105–34, § 1503(b)(2)(A), substituted
‘‘The summary plan description shall contain’’ for
‘‘The plan description and summary plan description
shall contain’’.
1996—Subsec. (b). Pub. L. 104–204 made technical
amendment to references in original act which appear
in text as references to section 1191b of this title.
Pub. L. 104–191 inserted ‘‘in the case of a group health
plan (as defined in section 1191b(a)(1) of this title),
whether a health insurance issuer (as defined in section
1191b(b)(2) of this title) is responsible for the financing
or administration (including payment of claims) of the
plan and (if so) the name and address of such issuer;’’
after ‘‘type of administration of the plan;’’ and ‘‘includ-
ing the office at the Department of Labor through
which participants and beneficiaries may seek assist-
ance or information regarding their rights under this
chapter and the Health Insurance Portability and Ac-
countability Act of 1996 with respect to health benefits
that are offered through a group health plan (as defined
in section 1191b(a)(1) of this title)’’ after ‘‘presenting
claims for benefits under the plan’’.
Statutory Notes and Related Subsidiaries
EFFECTIVE DATE OF 2009 AMENDMENT
Amendment by Pub. L. 111–3 effective Apr. 1, 2009, and
applicable to child health assistance and medical as-
sistance provided on or after that date, with
Source: Supplied 2024 U.S. Code historical extraction · 29 U.S.C. § 1023
Stored review status: historical_2024_not_currentness_verified. The source passage cites 29 U.S.C. § 1023. This identifies an authority to review, not proof of applicability.
Federal law — U.S. Code and appendices · legal_authorities
In this chapter—
(1) “Government pension plan”—
(A) means a pension, annuity, retirement, or similar plan (except a plan covered under the Employee Retirement Income Security Act of 1974 ([29 U.S.C. 1001](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title29-section1001&num=0&edition=prelim) et seq.) or a plan or program financed by contributions required under chapter 21 or 22 of the Internal Revenue Code of 1986 ([26 U.S.C. 3101](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title26-section3101&num=0&edition=prelim) et seq., 3201 et seq.)) established or maintained by an agency, for any of its officers or employees, regardless of the number of participants covered by the plan; and
(B) includes—
(i) the Civil Service Retirement System.
(ii) the Coast Guard Retirement System.
(iii) the Commissioned Corps of the Public Health Service Retirement System.
(iv) the Farm Credit District Retirement Plans.
(v) the Federal Home Loan Bank Board Retirement Systems.
(vi) the Federal Home Loan Mortgage Corporation Plan.
(vii) the Federal Reserve Employees Retirement Plans.
(viii) the Foreign Service Retirement and Disability System.
(ix) judicial plans.
(x) the Military Retirement System.
(xi) the National Oceanic and Atmospheric Administration Retirement System.
(xii) nonappropriated fund plans.
(xiii) the Tennessee Valley Authority Retirement System.
(2) “plan year” means the calendar, policy, or fiscal year chosen by the Government pension plan on which the records of the plan are kept.
Source: Supplied U.S. Code snapshot — release unconfirmed · 31 U.S.C. § 9502
Stored review status: release_metadata_unconfirmed. The source passage cites 31 U.S.C. § 9502. This identifies an authority to review, not proof of applicability.
Federal law — U.S. Code and appendices · legal_authorities
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) ‘
Source: Supplied 2024 U.S. Code historical extraction · 31 U.S.C. § 9502
Stored review status: historical_2024_not_currentness_verified. The source passage cites 31 U.S.C. § 9502. This identifies an authority to review, not proof of applicability.
Federal law — U.S. Code and appendices · legal_authorities
**(a)** Repealed. Pub. L. 105–362, title XV, § 1501(a), Nov. 10, 1998, 112 Stat. 3294.]
**(b)** This chapter does not prevent a Government pension plan from using the services of an enrolled actuary employed by an agency administering the plan.
**(c)** The requirements of this section are satisfied with respect to the Thrift Savings Plan described under subchapter III of chapter 84 of title 5, by preparation and transmission of the report described under section 8439(b) of such title.
Source: Supplied U.S. Code snapshot — release unconfirmed · 31 U.S.C. § 9503
Stored review status: release_metadata_unconfirmed. The source passage cites 31 U.S.C. § 9503. This identifies an authority to review, not proof of applicability.
Federal law — U.S. Code and appendices · legal_authorities
Page 587
TITLE 31—MONEY AND FINANCE
§ 9504
ganization Plan of November 25, 2002, as modified, set
out as a note under section 542 of Title 6.
§ 9503. Reports about Government pension plans
[(a) Repealed. Pub. L. 105–362, title XV,
§ 1501(a), Nov. 10, 1998, 112 Stat. 3294.]
(b) This chapter does not prevent a Govern-
ment pension plan from using the services of an
enrolled actuary employed by an agency admin-
istering the plan.
(c) The requirements of this section are satis-
fied with respect to the Thrift Savings Plan de-
scribed under subchapter III of chapter 84 of
title 5, by preparation and transmission of the
report described under section 8439(b) of such
title.
(Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 1050; Pub.
L. 104–66, title II, § 2081, Dec. 21, 1995, 109 Stat.
729; Pub. L. 105–362, title XV, § 1501(a), Nov. 10,
1998, 112 Stat. 3294.)
HISTORICAL AND REVISION NOTES
Revised
Section
Source (U.S. Code)
Source (Statutes at Large)
9503(a) .....
31:68a(a), (b).
Sept. 12, 1950, ch. 946, 64 Stat.
832, § 121; added Nov. 4, 1978,
Pub. L. 95–595, § 1, 92 Stat.
2541.
9503(b) .....
31:68a(c).
In subsection (a), before clause (1), the words ‘‘Not-
withstanding any other provision of law or any admin-
istrative determination to the contrary . . . Federal’’
are omitted as unnecessary. The words ‘‘and each plan
described in section 68c(b) of this title’’ are omitted as
unnecessary because of the restatement. In clause (1),
before subclause (A), the words ‘‘required by such sec-
tion’’ are omitted as unnecessary because of the re-
statement. In subclause (A), the word ‘‘information’’ is
substituted for ‘‘information and data’’ because it is in-
clusive and for consistency. In clause (4), the words
‘‘and shall not supersede’’ are omitted as surplus
Source: Supplied 2024 U.S. Code historical extraction · 31 U.S.C. § 9503
Stored review status: historical_2024_not_currentness_verified. The source passage cites 31 U.S.C. § 9503. This identifies an authority to review, not proof of applicability.
Federal law — U.S. Code and appendices · legal_authorities
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).
Source: Supplied U.S. Code snapshot — release unconfirmed · 31 U.S.C. § 9504
Stored review status: release_metadata_unconfirmed. Same stored citation; legal effect and authority still require review.