Title 22, Foreign Relations and IntercourseRelease 119-110

§4061 Payments for Future Benefits

Title 22 › CHAPTER 52 — FOREIGN SERVICE › SUBCHAPTER VIII — FOREIGN SERVICE RETIREMENT AND DISABILITY › Part I — Foreign Service Retirement and Disability System › § 4061

Last updated Sep 22, 2026|Official source

Summary

If a law creates bigger or new benefits from the Fund, adds new groups of employees to the System, or raises the pay used to figure benefits, that law is treated as allowing money to be put into the Fund to pay the extra cost. That unpaid cost must be paid in 30 equal yearly payments with interest at the rate used in the system’s most recent valuation. The first payment is due at the end of the fiscal year when the change starts. Each year, Congress may provide to the Fund an amount equal to the Foreign Service normal cost for that year that is not paid by contributions required under section 4045(a).

Full Legal Text

Title 22, §4061

Foreign Relations and Intercourse, Source: USLM XML via OLRC

(a)Statutes deemed to authorize appropriations to Fund to finance unfunded liability
Any statute which authorizes—
(1)new or liberalized benefits payable from the Fund under this part, including annuity increases other than under section 4065 of this title;
(2)extension of the benefits of the System to new groups of employees; or
(3)increases in salary on which benefits are computed;
is deemed to authorize appropriations to the Fund to finance the unfunded liability created by that statute, in 30 equal annual installments with interest computed at the rate used in the then most recent valuation of the System and with the first payment thereof due as of the end of the fiscal year in which each new or liberalized benefit, extension of benefits, or increase in salary is effective.
(b)Authorization of appropriations to Fund
There is authorized to be appropriated to the Fund for each fiscal year an amount equal to the amount of the Foreign Service normal cost for that year which is not met by contributions to the Fund under section 4045(a) of this title.

Legislative History

Notes & Related Subsidiaries

Editorial Notes

Amendments

1986—Subsec. (a)(1). Pub. L. 99–335 inserted “under this part” after “payable from the Fund”.

Statutory Notes and Related Subsidiaries

Effective Date

of 1986 AmendmentAmendment by Pub. L. 99–335 effective Jan. 1, 1987, see section 702(a) of Pub. L. 99–335, set out as an

Effective Date

note under section 8401 of Title 5, Government Organization and Employees.

Reference

Citations & Metadata

Citation

22 U.S.C. § 4061

Title 22, Foreign Relations and Intercourse

Last Updated

Sep 22, 2026

Release point: 119-110