45-U.S.C.-231F-1
§231F-1 – §231F-1. Annual Actuarial Report
Pathway
Title 45 > Chapter 9 > Subchapter IV > Section 231f-1
Details
- Reference: Section 231f-1
- Legend: §231F-1 – §231F-1. Annual Actuarial Report
- USCode Year: 2013
Provision Content
As part of the annual report required under section 231u(a) of this title, the Railroad Retirement Board shall submit to the Congress a report on the actuarial status of the railroad retirement system under various economic and employment assumptions. Such report shall include any recommendation for financing changes which might be advisable, including—
(1) any adjustment the Railroad Retirement Board recommends regarding the rates of taxes imposed by sections 3201(b), 3211(a)(2), and 3221(b) of the Internal Revenue Code of 1986 [26 U.S.C. 3201(b), 3211(a)(2), 3221(b)], and
(2) if there are sufficient reserves in the Railroad Retirement Account, whether—
(A) the rates of such taxes should be reduced, or
(B) any part of the tax imposed by section 3221(b) of such Code should be diverted to the Railroad Unemployment Insurance Account to aid in the repayment of its debt to the Railroad Retirement Account.
(Pub. L. 98–76, title V, §502, Aug. 12, 1983, 97 Stat. 440; Pub. L. 99–514, §2, Oct. 22, 1986, 100 Stat. 2095; Pub. L. 104–66, title II, §2221(a), Dec. 21, 1995, 109 Stat. 733.)
Codification
Section was enacted as part of the Railroad Retirement Solvency Act of 1983, and not as part of the Railroad Retirement Act of 1974 which comprises this subchapter.
Amendments
1995—Pub. L. 104–66 which directed the amendment of this section by substituting As part of the annual report required under section 231u(a) of this title for On or before July 1, 1985, and each calendar year thereafter, was executed by making the substitution for On or before July 1 of 1985, and of each calendar year thereafter, to reflect the probable intent of Congress.
1986—Par. (1). Pub. L. 99–514 substituted Internal Revenue Code of 1986 for Internal Revenue Code of 1954.
U.S. Encyclopedia of Law Coverage
Subchapter I – Railroad Retirement Act of 1934 in the Legal Encyclopedia: Railroads
In this entry about Subchapter I – Railroad Retirement Act of 1934, find legal reference material, bibliographies and premiere content related to railroads in the American Encyclopedia of Law, presenting a comprehensive view of the United States railroads-specific issues, written by authorities in the field.
45-U.S.C.-231F-1 in the Legal Encyclopedia: Railroad Retirement Acts
In this entry about 45-U.S.C.-231F-1, find legal reference material, bibliographies and premiere content related to railroad retirement acts in the American Encyclopedia of Law, presenting a comprehensive view of the United States railroad retirement acts-specific issues, written by authorities in the field.
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