22 U.S. Code § 4071e - Deductions and withholdings from pay

Status message

There are 2 Updates Pending. Select the tab below to view.
(a) Basic pay
(1) The employing agency shall deduct and withhold from the basic pay of each participant the applicable percentage of basic pay specified in paragraph (2) of this subsection minus the percentage then in effect under section 3101 (a) of title 26 (relating to the rate of tax for old age, survivors, and disability insurance).
(2)
(A) The applicable percentage for a participant other than a revised annuity participant shall be as follows:

 
7.5 Before January 1, 1999.
7.75 January 1, 1999, to December 31, 1999.
7.9 January 1, 2000, to December 31, 2000.
7.55 After January 11, 2003.

(B) The applicable percentage for a revised annuity participant shall be as follows:

 
9.85 After December 31, 2012

(b) Consent to deductions; discharge of claims
Each participant is deemed to consent and agree to the deductions under subsection (a) of this section. Notwithstanding any law or regulation affecting the pay of a participant, payment less such deductions is a full and complete discharge and acquittance of all claims and demands for regular services during the period covered by the payment, except the right to any benefits under this part based on the service of the participant.
(c) Deposit of amounts
Amounts deducted and withheld under this section shall be deposited in the Treasury of the United States to the credit of the Fund under such procedures as the Comptroller General of the United States may prescribe.
(d) Entry on individual retirement records
Under such regulations as the Secretary of State may issue, amounts deducted under subsection (a) of this section shall be entered on individual retirement records.

Source

(Pub. L. 96–465, title I, § 856, as added Pub. L. 99–335, title IV, § 415,June 6, 1986, 100 Stat. 618; amended Pub. L. 99–514, § 2,Oct. 22, 1986, 100 Stat. 2095; Pub. L. 105–33, title VII, § 7001(e)(1)(A),Aug. 5, 1997, 111 Stat. 661; Pub. L. 106–346, § 101(a) [title V, § 505(e)(1)], Oct. 23, 2000, 114 Stat. 1356, 1356A–53; Pub. L. 107–228, div. A, title III, § 322(b)(2),Sept. 30, 2002, 116 Stat. 1384.)
Amendments

2002—Subsec. (a)(2). Pub. L. 107–228, in table, substituted item relating to applicable percentage after January 11, 2003, for item relating to applicable percentage after December 31, 2000.
2000—Subsec. (a)(2). Pub. L. 106–346, in table, substituted item relating to applicable percentage after December 31, 2000, for items relating to applicable percentages from January 1, 2001, to December 31, 2002; and after December 31, 2002.
1997—Subsec. (a). Pub. L. 105–33amended subsec. (a) generally. Prior to amendment, subsec. (a) read as follows: “The employing agency shall deduct and withhold from basic pay of each participant a percentage of basic pay equal to 71/2 percent minus the percentage then in effect under section 3101 (a) of title 26 (relating to the rate of tax for old age, survivors and disability insurance).”
1986—Subsec. (a). Pub. L. 99–514substituted “Internal Revenue Code of 1986” for “Internal Revenue Code of 1954”, which for purposes of codification was translated as “title 26” thus requiring no change in text.
Effective Date of 2002 Amendment

Amendment by Pub. L. 107–228effective with the first pay period beginning on or after the date that is 90 days after Sept. 30, 2002, see section 322(c)(2) ofPub. L. 107–228, set out as a note under section 4045 of this title.
Effective Date of 2000 Amendment

Amendment by Pub. L. 106–346effective upon the close of calendar year 2000 and applicable thereafter, see section 101 (a) [title V, § 505(i)] of Pub. L. 106–346, set out as a note under section 8334 of Title 5, Government Organization and Employees.
Effective Date of 1997 Amendment

Amendment by Pub. L. 105–33effective Oct. 1, 1997, see section 7001(f) ofPub. L. 105–33, set out as a note under section 8334 of Title 5, Government Organization and Employees.

The table below lists the classification updates, since Jan. 3, 2012, for this section. Updates to a broader range of sections may be found at the update page for containing chapter, title, etc.

The most recent Classification Table update that we have noticed was Tuesday, August 13, 2013

An empty table indicates that we see no relevant changes listed in the classification tables. If you suspect that our system may be missing something, please double-check with the Office of the Law Revision Counsel.

22 USCDescription of ChangeSession YearPublic LawStatutes at Large
§ 4071e2013113-67 [Sec.] 402(b)127 Stat. 1185
§ 4071e2012112-96 [Sec.] 5002(b)126 Stat. 200

 

LII has no control over and does not endorse any external Internet site that contains links to or references LII.