Source: https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title5-section8714&num=0&edition=prelim
Timestamp: 2020-05-28 12:41:25
Document Index: 178389248

Matched Legal Cases: ['§ 8714', '§906', '§405', '§5', '§10', '§1', '§10', '§1', '§10', '§405', '§4']

[USC02] 5 USC 8714: Employees' Life Insurance Fund
<< Previous TITLE 5 / PART III / Subpart G / CHAPTER 87 / § 8714 Next >>
5 USC 8714: Employees' Life Insurance Fund Text contains those laws in effect on May 27, 2020
(a) The amounts withheld from employees under section 8707 of this title and the sums contributed from appropriations and funds under section 8708 of this title shall be deposited in the Treasury of the United States to the credit of the Employees' Life Insurance Fund. The Fund is available without fiscal year limitation for-
( Pub. L. 89–554, Sept. 6, 1966, 80 Stat. 598 ; Pub. L. 95–454, title IX, §906(a)(2), Oct. 13, 1978, 92 Stat. 1224 ; Pub. L. 96–499, title IV, §405(a), Dec. 5, 1980, 94 Stat. 2606 .)
5 U.S.C. 2094(c) (less applicability to 5 U.S.C. 2099), (d). Aug. 17, 1954, ch. 752, §5(c) (less applicability to §10), 68 Stat. 739 .
Aug. 11, 1955, ch. 794, §1(a) "(c) (less applicability to §10)", (b), 69 Stat. 676 .
Apr. 11, 1958, Pub. L. 85–377, §1 (less applicability to §10), 72 Stat. 87 .
1980-Subsec. (c). Pub. L. 96–499 added subsec. (c).
1978-Subsec. (a)(2). Pub. L. 95–454 substituted "Office of Personnel Management" for "Civil Service Commission".
Pub. L. 96–499, title IV, §405(b), Dec. 5, 1980, 94 Stat. 2607 , provided that: "The amendment made by subsection (a) [amending this section] shall take effect on the date of the enactment of this Act [Dec. 5, 1980], and shall apply with respect to premiums paid on or after such date."
Pub. L. 103–409, §4, Oct. 25, 1994, 108 Stat. 4232 , provided that: "Notwithstanding section 8714(a)(1) of title 5, United States Code, the Office of Personnel Management shall retain in the Employees' Life Insurance Fund such portion of premium payments otherwise due as will, no later than September 30, 1995, permanently reduce the contingency reserve established under the third sentence of section 8712 of such title 5 by an amount equal to the amount by which payments from the Employees' Life Insurance Fund during the fiscal year ending September 30, 1995, exceed the payments that would have been paid had the amendments made by this Act [enacting section 8714d of this title] not been enacted."