22 U.S.C. § 4071e
| 7.5 | Before January 1, 1999. |
| 7.75 | January 1, 1999, to December 31, 1999. |
| 7.9 | January 1, 2000, to December 31, 2000. |
| 7.55 | After January 11, 2003. |
| 9.85 | After December 31, 2012 |
| 11.15 | After December 31, 2013. |
Each participant is deemed to consent and agree to the deductions under subsection (a). Notwithstanding any law or regulation affecting the pay of a participant, payment less such deductions is a full and complete discharge and acquittance of all claims and demands for regular services during the period covered by the payment, except the right to any benefits under this part based on the service of the participant.
Amounts deducted and withheld under this section shall be deposited in the Treasury of the United States to the credit of the Fund under such procedures as the Comptroller General of the United States may prescribe.
Under such regulations as the Secretary of State may issue, amounts deducted under subsection (a) shall be entered on individual retirement records.
22 U.S.C. § 4071e
EDITORIAL NOTES
AMENDMENTS2013-Subsec. (a)(2)(A). Pub. L. 113-67, §402(b)(1), inserted "or a further revised annuity participant" after "revised annuity participant".Subsec. (a)(2)(C). Pub. L. 113-67, §402(b)(2), added subpar. (C).2012-Subsec. (a)(2). Pub. L. 112-96 designated existing provisions as subpar. (A), substituted "The applicable percentage for a participant other than a revised annuity participant" for "The applicable percentage under this subsection", and added subpar. (B).2002-Subsec. (a)(2). Pub. L. 107-228 in table, substituted item relating to applicable percentage after January 11, 2003, for item relating to applicable percentage after December 31, 2000.2000-Subsec. (a)(2). Pub. L. 106-346 in table, substituted item relating to applicable percentage after December 31, 2000, for items relating to applicable percentages from January 1, 2001, to December 31, 2002; and after December 31, 2002. 1997-Subsec. (a). Pub. L. 105-33 amended subsec. (a) generally. Prior to amendment, subsec. (a) read as follows: "The employing agency shall deduct and withhold from basic pay of each participant a percentage of basic pay equal to 71/2 percent minus the percentage then in effect under section 3101(a) of title 26 (relating to the rate of tax for old age, survivors and disability insurance)." 1986-Subsec. (a). Pub. L. 99-514 substituted "Internal Revenue Code of 1986" for "Internal Revenue Code of 1954", which for purposes of codification was translated as "title 26" thus requiring no change in text.
STATUTORY NOTES AND RELATED SUBSIDIARIES
EFFECTIVE DATE OF 2002 AMENDMENT Amendment by Pub. L. 107-228 effective with the first pay period beginning on or after the date that is 90 days after Sept. 30, 2002, see section 322(c)(2) of Pub. L. 107-228 set out as a note under section 4045 of this title.
EFFECTIVE DATE OF 2000 AMENDMENT Amendment by Pub. L. 106-346 effective upon the close of calendar year 2000 and applicable thereafter, see section 101(a) [title V, §505(i)] of Pub. L. 106-346 set out as a note under section 8334 of Title 5, Government Organization and Employees.
EFFECTIVE DATE OF 1997 AMENDMENT Amendment by Pub. L. 105-33 effective Oct. 1, 1997, see section 7001(f) of Pub. L. 105-33 set out as a note under section 8334 of Title 5, Government Organization and Employees.
- Government
- "Government" means the Government of the United States;
- agency
- "agency" means an agency as defined in section 552(e)1 of title 5;