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10 U.S.C. § 1461 — Establishment and purpose of Fund; defi-

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

10 U.S.C. § 1461 — Establishment and purpose of Fund; defi-

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 [SUBCHAPTER III—REPEALED] [§§ 1456 to 1460b. Repealed.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

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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 [SUBCHAPTER III—REPEALED] [§§ 1456 to 1460b. Repealed.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, title IX, § 906(c)(2), Jan. 28, 2008, 122 Stat. 277, related to supplemental spouse cov- erage: reductions in retired pay. Section 1460a, added Pub. L. 101–189, div. A, title XIV, § 1404(a)(1), Nov. 29, 1989, 103 Stat. 1585; amended Pub. L. 101–510, div. A, title XIV, § 1484(k)(5), Nov. 5, 1990, 104 Stat. 1719, related to incorporation of certain adminis- trative provisions. Section 1460b, added Pub. L. 101–189, div. A, title XIV, § 1404(a)(1), Nov. 29, 1989, 103 Stat. 1585, related to regu- lations. Statutory Notes and Related Subsidiaries EFFECTIVE DATE OF REPEAL Pub. L. 108–375, div. A, title VI, § 644(b)(2), Oct. 28, 2004, 118 Stat. 1961, provided that the repeal of this sub- chapter by section 644(b)(2) is effective Apr. 1, 2008. CHAPTER 74—DEPARTMENT OF DEFENSE MILITARY RETIREMENT FUND Sec. 1461. Establishment and purpose of Fund; defini- tion. 1462. Assets of Fund. 1463. Payments from the Fund. [1464. Repealed.] 1465. Determination of contributions to the Fund. 1466. Payments into the Fund. 1467. Investment of assets of Fund. Editorial Notes AMENDMENTS 2008—Pub. L. 110–181, div. A, title IX, § 906(b)(1)(B), Jan. 28, 2008, 122 Stat. 277, struck out item 1464 ‘‘Board of Actuaries’’. § 1461. Establishment and purpose of Fund; defi- nition (a) There is established on the books of the Treasury a fund to be known as the Department of Defense Military Retirement Fund (herein- after in this chapter referred to as the ‘‘Fund’’), which shall be administered by the Secretary of the Treasury. The Fund shall be used for the ac- cumulation of funds in order to finance on an actuarially sound basis liabilities of the Depart- ment of Defense and the Coast Guard under military retirement and survivor benefit pro- grams. (b) In this chapter, the term ‘‘military retire- ment and survivor benefit programs’’ means— (1) the provisions of this title creating enti- tlement to, or determining the amount of, re- tired or retainer pay; (2) the programs under the jurisdiction of the Department of Defense providing annuities for survivors of members and former members of the armed forces, including chapter 73 of this title, section 4 of Public Law 92–425, and section 5 of Public Law 96–402; and (3) the authority provided in section 1408(h) of this title. (Added Pub. L. 98–94, title IX, § 925(a)(1), Sept. 24, 1983, 97 Stat. 644; amended Pub. L. 101–189, div. A, title XVI, § 1622(e)(7), Nov. 29, 1989, 103 Stat. 1605; Pub. L. 102–484, div. A, title VI, § 653(b)(1), Oct. 23, 1992, 106 Stat. 2428; Pub. L. 116–283, div. G, title LVXXXII [LXXXII], § 8222, Jan. 1, 2021, 134 Stat. 4658.) Editorial Notes REFERENCES IN TEXT Section 4 of Public Law 92–425, referred to in subsec. (b)(2), is set out as a note under section 1448 of this title. Section 5 of Public Law 96–402, referred to in subsec. (b)(2), is set out as a note under section 1448 of this title. AMENDMENTS 2021—Subsec. (a). Pub. L. 116–283 inserted ‘‘and the Coast Guard’’ after ‘‘liabilities of the Department of Defense’’. 1992—Subsec. (b)(3). Pub. L. 102–484 added par. (3). 1989—Subsec. (b). Pub. L. 101–189 inserted ‘‘the term’’ after ‘‘In this chapter,’’. § 1462. Assets of Fund There shall be deposited into the Fund the fol- lowing, which shall constitute the assets of the Fund: (1) Amounts paid into the Fund under sec- tion 1466 of this title. (2) Any amount appropriated to the Fund. (3) Any return on investment of the assets of the Fund. (Added Pub. L. 98–94, title IX, § 925(a)(1), Sept. 24, 1983, 97 Stat. 645.) Statutory Notes and Related Subsidiaries TRANSFER OF APPROPRIATIONS Pub. L. 98–94, title IX, § 925(b)(3), Sept. 24, 1983, 97 Stat. 648, required transfer into the Fund on Oct. 1, 1984, of any unobligated balances of appropriations made to the Department of Defense that had been cur- rently available for retired pay, and provided that amounts so transferred would be deemed part of the as- sets of the Fund. § 1463. Payments from the Fund (a) There shall be paid from the Fund—

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

10 U.S.C. § 1461 — Establishment and purpose of Fund; definition

**(a)** There is established on the books of the Treasury a fund to be known as the Department of Defense Military Retirement Fund (hereinafter in this chapter referred to as the “Fund”), which shall be administered by the Secretary of the Treasury. The Fund shall be used for the accumulation of funds in order to finance on an actuarially sound basis liabilities of the Department of Defense and the Coast Guard under military retirement and survivor benefit programs. **(b)** In this chapter, the term “military retirement and survivor benefit programs” means— (1) the provisions of this title creating entitlement to, or determining the amount of, retired or retainer pay; (2) the programs under the jurisdiction of the Department of Defense providing annuities for survivors of members and former members of the armed forces, including chapter 73 of this title, section 4 of Public Law 92–425, and section 5 of Public Law 96–402; and (3) the authority provided in [section 1408(h) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title10-section1408/h&num=0&edition=prelim).

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