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§ 8463 Rate of benefits

Statute

5 U.S.C. 8463

Text

1 passages

5 U.S.C. 8463Each 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.

About

Type
Statute section
Citation
5 U.S.C. 8463
Edition
2024 edition of the U.S. Code
Current through
2025-01-06

Annual edition text. Amendments enacted after the current-through date are not reflected; check uscode.house.gov for the latest release point.

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