Sec. 11252. TERMINATION OF CURRENT FUND AND PROGRAM
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/statute-compilations/comps-10833/sec-11252A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
## SEC. 11252 TERMINATION OF CURRENT FUND AND PROGRAM ###
(a)Termination of Judges' Retirement Fund Section 124 of the District of Columbia Retirement Reform Act (DC Code, sec. 1–714) is amended by striking subsection
(c)and inserting the following (except as provided in section 11–1570, District of Columbia Code): > > ### “(c) > > > ####
(1)> > Notwithstanding any other provision of this Act or the amendments made by this Act, upon the date the assets of the Retirement Fund described in subtitle A of title XI of the Balanced Budget Act of 1997 are transferred, the assets of the District of Columbia Judges' Retirement Fund established under subsection
(a)shall be transferred to the District of Columbia Judicial Retirement and Survivors Annuity Fund under section 11–1570, District of Columbia Code, and no amounts shall be deposited into the District of Columbia Judges' Retirement Fund after the date on which the assets are so transferred. > > > #### “(2) > > In accordance with the direction of the Secretary, the District of Columbia Judges' Retirement Fund established under subsection
(a)shall be continued at the Board and appropriated for the purposes provided in this Act until such time as all amounts in such Fund have been expended or transferred to the District of Columbia Judicial Retirement and Survivors Annuity Fund pursuant to paragraph (1). Thereafter any payments of retirement pay, annuities, refunds, and allowances for judicial personnel of the District of Columbia shall be paid from the District of Columbia Judicial Retirement and Survivors Annuity Fund in accordance with subchapter III of chapter 15 of title 11, District of Columbia Code.” > . ###
(b)Transition From District of Columbia Administration Sections 11023, 11032(b)(2), 11033(d), and 11041 shall apply to the administration of the District of Columbia Judges Retirement Fund established under section 124 of the District of Columbia Retirement Reform Act (DC Code, sec. 1–714), the District of Columbia Judicial Retirement and Survivors Annuity Fund established under section 11–1570, District of Columbia Code, and the retirement program for judges under subchapter III of chapter 15 of title 11, District of Columbia Code, except as follows: ####
(1)In applying each such section— #####
(A)any reference to this subtitle shall instead refer to subchapter III of chapter 15 of title 11, District of Columbia Code; #####
(B)any reference to the District Retirement Program shall be deemed to include the retirement program for judges under subchapter III of chapter 15 of title 11, District of Columbia Code; #####
(C)any reference to the District Retirement Fund shall be deemed to include the District of Columbia Judges Retirement Fund established under section 124 of the District of Columbia Retirement Reform Act; #####
(D)any reference to Federal benefit payments shall be deemed to include judges retirement pay, annuities, refunds and allowances under subchapter III of chapter 15 of title 11, District of Columbia Code; #####
(E)any reference to the Trust Fund shall instead refer to the District of Columbia Judicial Retirement and Survivors Annuity Fund established under section 11–1570, District of Columbia Code; #####
(F)any reference to section 11033 shall instead refer to section 124 of the District of Columbia Retirement Reform Act, as amended by section 11252; and #####
(G)any reference to chapter 2 shall instead refer to section 11–1570, District of Columbia Code. ####
(2)In applying section 11023— #####
(A)any reference to the contract shall instead refer to the agreement referred to in section 11–1570(b), District of Columbia Code; and #####
(B)any reference to the Trustee shall instead refer to the Trustee or contractor referred to in section 11–1570(b), District of Columbia Code. ####
(3)In applying section 11033(d)— #####
(A)any reference to this section shall instead refer to section 124 of the District of Columbia Retirement Reform Act, as amended by section 11252; and #####
(B)any reference to the Trustee shall instead refer to the Secretary or the Trustee or contractor referred to in section 11–1570(b), District of Columbia Code. ####
(4)In applying section 11041(b), any reference to the Trustee shall instead refer to the Trustee or contractor referred to in section 11–1570(b), District of Columbia Code. ###
(c)Removal of Judges From Retirement Board Section 121(b)(1)(A) of the District of Columbia Retirement Reform Act (DC Code, sec. 1–711(b)(1)(A)) is amended— ####
(1)in the matter preceding clause (i), by striking “13” and inserting “12”; ####
(2)by striking clause (vii); and ####
(3)by redesignating clauses
(viii)and
(ix)as clauses
(vii)and (viii). ###
(d)Effective Date The provisions of subsection
(c)shall take effect on the date on which the assets of the District of Columbia Judges Retirement Fund are transferred to the District of Columbia Judicial Retirement and Survivors Annuity Fund.