Title 22 › Chapter 52— FOREIGN SERVICE › Subchapter VIII— FOREIGN SERVICE RETIREMENT AND DISABILITY › Part II— Foreign Service Pension System › § 4071f
Agencies that employ Fund participants must pay into the Fund. The amount is figured the same way used under section 8423(a) of title 5, using the normal-cost percentage set by the Secretary of State for the Foreign Service Pension System. The Secretary of State must each year (for fiscal years after September 30, 1987) calculate any extra liability for the Fund and spread it over 30 equal yearly payments with interest at the rate from the System’s latest valuation. Each year the Secretary of State tells the Treasury the yearly payment, and the Treasury must credit that payment to the Fund from available Treasury money before the year-end close. For any period in any year after December 31, 2013, the normal-cost percentage is calculated as if section 402(b) of the Bipartisan Budget Act of 2013 never happened. Any extra contributions because of that rule must go to reduce the Foreign Service Retirement and Disability System’s unfunded liability. Once the Secretary of State says the unfunded liability is gone, government contributions will be made without using this 2013 rule.
Full Legal Text
Foreign Relations and Intercourse — Source: USLM XML via OLRC
Legislative History
Reference
Citation
22 U.S.C. § 4071f
Title 22 — Foreign Relations and Intercourse
Last Updated
Apr 5, 2026
Release point: 119-73not60