An Act to cancel certain unpaid interest accrued after September 30, 1931, on loans made to World War I veterans upon the security of adjusted-service-certificates
PL 89-736 (H.R.16074), enacted 11/02/1966

1164 
PUBLIC LAW 89-736-NOV. 2, 1966 
[80 
STAT. 
Public Law 89-736 
November 2, 1966 
[H. R. 16074] 
World War I 
veterans. 
Loans, cancel-
lation of interest. 
AN ACT 
To cancel certain unpaid interest accrued after September 30, 1931, on loans 
made to World War I veterans upon the security of adjusted-service cer-
tificates. 
Be it enacted hy the Senate and House of Representatives 
of the 
United States of America in Congress assembled, That in the case of 
any loan made before January 27,1936, by the Administrator of Vet-
erans' Affairs or by any bank or trust company, upon the security of 
an adjusted-service certificate, any unpaid interest accrued thereon 
subsequent to September 30, 1931, that has become or, in consequence 
of such loan, shall become a debt owed by the veteran to the United 
States shall, notwithstanding any provision of law to the contrary, 
be canceled insofar as the veteran is concerned. 
Approved November 2, 1966. 
Public Law 89-737 
November 2, 1966 
[H.R. 16114] 
Federal em-
ployees. 
Premium pay in 
computing bene-
fits. 
Ante, 
p. 540. 
Ante, 
p. 564. 
Ante, 
p. 59 3. 
Ante. 
p. 487. 
Severance pay. 
79 Stat. 1119. 
Ante, p. 584. 
AN ACT 
To provide for the inclusion of premium pay under section 5545(c) (1) of title 
5, United Statesi Code, for the purpose of determining benefits under the 
civil service retirement, group life insurance, and injury compensation pro-
visions of such title, and for other purposes. 
Be it enacted hy the Senate and House of Representatives 
of the 
United States of America in Congress asseinbled, That title 5, United 
States Code, is amended as follows: 
(1) Section 8114(e) is amended by striking out "is included" and 
inserting in lieu thereof "and premium pay under section 5545(c) (1) 
of this title are included". 
(2) Section 8331 (3) is amended— 
(A) by striking out the word "and" after the last semicolon 
in subparagraph (A); 
(B) by striking out "title 2;" in subparagraph (B)(ii) and 
inserting in lieu thereof "title 2; and"; 
(C) by inserting the following new subparagraph after sub-
paragraph (B) : 
"(C) premium pay under section 5545(c)(1) of this title;"; 
and 
(D) by striking out "except as provided by subparagraph 
(B)" and inserting in lieu thereof "except as provided by sub-
paragraphs (B) and (C)". 
(3) Section 8704(c) is amended by inserting the following new 
sentence at the end thereof: "For the purpose of this chapter, 'annual 
pay' includes premium pay under section 5545(c) (1) of this title." 
SEC. 2. Section 9(d) of the Act of October 29, 1965 (Public Law 
89-301), is amended by inserting at the end thereof the following new 
sentence: "For the purpose of this subsection, 'basic compensation-
includes premium pay under section 5545(c)(1) of title 5, United 
States Code." 
SEC. 3. Section 8348(g) of title 5, United States Code, does not 
apply with respect to annuity benefits resulting from the enactment 
of this Act. 
SEC. 4. The amendments made by this Act apply with respect to 
premium pay payable from and after the first day of the first pay 
period which begins after the date of enactment of this Act. 
Approved November 2, 1966.