§ 8463. Rate of benefits

58 words·~1 min read·/usc/title-5/section-8463

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Each annuity payable from the Fund is stated as an annual amount, one-twelfth of which, rounded to the next lower dollar, constitutes the monthly rate payable on the first business day of the first month beginning after the month for which it has accrued.

(Added Pub. L. 99–335, title I, § 101(a), June 6, 1986, 100 Stat. 574.)

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Public Law 99–335
To amend title 5, United States Code, to establish a new retirement and disability plan for Federal employees, postal employees, and Members of Congress, and for other purposes

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Pub. L. 99–335, title I, § 101(a)
100 Stat. 574

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§ 8463

Rate of benefits

Stat.×1

Pub. L.Pub. L. 99–335, title I, § 101(a)

Stat.100 Stat. 574

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