Title 22Foreign Relations and IntercourseRelease 119-73

§4059 Investment of Fund

Title 22 › Chapter CHAPTER 52— - FOREIGN SERVICE › Subchapter SUBCHAPTER VIII— - FOREIGN SERVICE RETIREMENT AND DISABILITY › Part Part I— - Foreign Service Retirement and Disability System › § 4059

Last updated Apr 6, 2026|Official source

Summary

The Treasury Secretary must invest parts of the Fund that are not needed right away in U.S. interest-paying securities, and the earnings from those investments stay in the Fund.

Full Legal Text

Title 22, §4059

Foreign Relations and Intercourse — Source: USLM XML via OLRC

The Secretary of the Treasury shall invest from time to time in interest-bearing securities of the United States such portions of the Fund as in the judgment of the Secretary of the Treasury may not be immediately required for the payment of annuities, cash benefits, refunds, and allowances. The income derived from such investments shall constitute a part of the Fund.

Reference

Citations & Metadata

Citation

22 U.S.C. § 4059

Title 22Foreign Relations and Intercourse

Last Updated

Apr 6, 2026

Release point: 119-73