5 U.S. Code § 8463 - Rate of benefits

§ 8463.
Rate of benefits

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.)


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