10-U.S.C.-1461
§1461 – Establishment and Purpose of Fund; Definition
Pathway
Title 10 > Subtitle A > Part II > Chapter 74 > Section 1461
Details
- Reference: Section 1461
- Legend: §1461 – Establishment and Purpose of Fund; Definition
- USCode Year: 2013
Provision Content
(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 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.
(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.)
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
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,.
U.S. Encyclopedia of Law Coverage
10-U.S.C.-1436A in the Legal Encyclopedia: General Military Law
In this entry about 10-U.S.C.-1436A, find legal reference material, bibliographies and premiere content related to general military law in the American Encyclopedia of Law, presenting a comprehensive view of the United States general military law-specific issues, written by authorities in the field.
10-U.S.C.-1461 in the Legal Encyclopedia: Retirement
In this entry about 10-U.S.C.-1461, find legal reference material, bibliographies and premiere content related to retirement in the American Encyclopedia of Law, presenting a comprehensive view of the United States retirement-specific issues, written by authorities in the field.
Subchapter I – Common Supply and Service Activities in the Legal Encyclopedia: Department of Defense
In this entry about Subchapter I – Common Supply and Service Activities, find legal reference material, bibliographies and premiere content related to department of defense in the American Encyclopedia of Law, presenting a comprehensive view of the United States department of defense-specific issues, written by authorities in the field.
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