§276c–2 — Title 22 Foreign Relations and Intercourse | U.S. Code

Summary

U.S. citizen Executive Directors, Directors, and their alternates who represent the United States at certain international financial institutions may, if the Secretary of the Treasury approves, be eligible for the same federal civil‑service benefits as other employees based on their service and pay. The Treasury Department will act as their employer for benefits. It will collect and deposit their retirement and health payments into the Civil Service Retirement and Disability Fund, Employees Life Insurance Fund, and Employees Health Benefits Fund, and will pay any required agency contributions from Treasury appropriations.

Title 22, §276c–2

Foreign Relations and Intercourse — Source: USLM XML via OLRC

Notwithstanding the provisions of any other law, the Executive Directors and Directors and their alternates, representing the United States in the International Monetary Fund, the International Bank for Reconstruction and Development, the European Bank for Reconstruction and Development, the Inter-American Development Bank, the Bank for Economic Cooperation and Development in the Middle East and North Africa, the Asian Development Bank, the African Development Fund, the African Development Bank, and the Inter-American Investment Corporation, shall, if they are citizens of the United States, in the discretion of the Secretary of the Treasury, each be eligible on the basis of such service and the total compensation received therefor, for all employee benefits afforded employees in the civil service of the United States. The Treasury Department shall serve as the employing office for collecting, accounting for, and depositing in the Civil Service Retirement and Disability Fund, Employees Life Insurance Fund, and Employees Health Benefits Fund, all retirement and health insurance benefits payments made by these employees, and shall make any necessary agency contributions from funds appropriated to the Department of the Treasury.

Notes & Related Subsidiaries

Editorial Notes

Codification Amendment by Pub. L. 98–473 is based on section 211(b) of title II of S. 2416, Ninety-eighth Congress, as introduced in the Senate on Mar. 13, 1984, which was enacted into permanent law by Pub. L. 98–473.

Amendments

1996—Pub. L. 104–208 inserted “the Bank for Economic Cooperation and Development in the Middle East and North Africa,” after “the Inter-American Development Bank,”. 1990—Pub. L. 101–513 inserted “the European Bank for Re

Construction

and Development,” before “the Inter-American Development Bank,”. 1984—Pub. L. 98–473 inserted reference to the Inter-American Investment Corporation. 1981—Pub. L. 97–35 inserted reference to the African Development Bank. 1978—Pub. L. 95–612 prescribed requirement of citizenship to be eligible for employee benefits, extended the benefits to representatives to the African Development Fund, substituted provision for contributions from appropriated funds for prior provision for contributions from the fund established under section 822a(a) of title 31, and struck out provision making section effective Dec. 14, 1966.

Statutory Notes and Related Subsidiaries

Effective Date

of 1981 AmendmentAmendment by Pub. L. 97–35 effective Aug. 13, 1981, see section 1372 of Pub. L. 97–35, set out as an

Effective Date

note under section 290i of this title.

Effective Date

of 1978 Amendment Pub. L. 95–612, § 7, Nov. 8, 1978, 92 Stat. 3092, provided that: “This Act [amending this section, section 5108 of Title 5, Government Organization and Employees, and section 822a of former Title 31, Money and Finance, and enacting provisions set out as a note under section 5108 of Title 5] shall take effect on October 1, 1978, or on such later date as funds are made available pursuant to appropriation Acts authorized by section 5 of this Act [authorizing appropriations of $24,000,000 for fiscal year 1979; not classified to the Code].” section 7 of Pub. L. 95–612 was repealed as executed by Pub. L. 97–258, § 5(b), Sept. 13, 1982, 96 Stat. 1088, section 1 of which enacted Title 31, Money and Finance.

§276c–2 Employee benefits for United States citizen-representatives to international financial institutions; Treasury Department as collecting, accounting, and depositing agency for employee payments; contributions from appropriated funds

Summary

Title 22, §276c–2

Notes & Related Subsidiaries

Editorial Notes

Amendments

Construction

Statutory Notes and Related Subsidiaries

Effective Date

Effective Date

Effective Date

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