Sec. 105. Staff, experts, and consultants
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/bill/113/s/1217/rs/section-105·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The Board of Directors may appoint and fix the compensation of such officers, attorneys, economists, examiners, and other employees as may be necessary for carrying out the functions of the Corporation. Rates of basic pay and the total amount of compensation and benefits for all employees of the Corporation may be— set and adjusted by the Board of Directors without regard to the provisions of chapter 51 or subchapter III of chapter 53 of title 5, United States Code; and reasonably increased, notwithstanding any limitation set forth in paragraph (3), if the Board of Directors determines such increases are necessary to attract and hire qualified employees.
The Board of Directors may provide additional compensation and benefits to employees of the Corporation, of the same type of compensation or benefits that are then being provided by any agency referred to under section 1206 of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (12 U.S.C. 1833b) or, if not then being provided, could be provided by such an agency under applicable provisions of law, rule, or regulation. In setting and adjusting the total amount of compensation and benefits for employees, the Board of Directors shall consult with and seek to maintain comparability with the agencies referred to under section 1206 of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 ( 12 U.S.C. 1833b ).
Upon the request of the Board of Directors, any Federal Government employee may be detailed to the Corporation without reimbursement, and such detail shall be without interruption or loss of civil service status or privilege. The Board of Directors may procure the services of experts and consultants as the Board considers necessary or appropriate. The Board of Directors may appoint such special advisory, technical, or professional committees as may be useful in carrying out the functions of the Corporation.
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Sec. 105
Staff, experts, and consultants
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