§4606 Officers and Employees

Summary

The Board must pick the Institute’s president and any other officers it needs. The president sits on the Board but cannot vote. Officers serve only as long as the Board wants. The president gets a set term of years. The Board sets pay for the president and other officers, but no one may be paid more than what level I of the Executive Schedule under chapter 53 of title 5 allows. If allowed under section 4604(h)(3), the Board must let the president and any staff the Board names handle public money, make and give grants, sign contracts, set fees, and do other things needed to run the Institute. The president, following the Institute’s bylaws and Board rules, may hire, pay, and remove employees as needed, but pay must follow title 5 rules for job classification and General Schedule pay rates. The president may request federal employees be assigned to the Institute, and the Secretaries of State and Defense and the Director of Central Intelligence may assign staff on a rotating basis, only if the employee agrees and their pay, benefits, status, or advancement are not harmed. Officers and full-time employees may not get pay from any other source unless the Board allows it. Institute staff are not federal employees except for Federal Tort Claims Act protections under title 28 and certain pay and benefit rules under title 5 (chapter 51; subchapters I and III of chapter 53; subchapter I of chapter 81; chapters 83, 87, and 89), and the Institute must make the same contributions agencies do under those rules. The Institute may not promise employees long-term commitments that conflict with federal rules. No money or assets of the Institute may be given to or distributed to its directors, officers, employees, or agents, though reasonable approved pay and expenses may be paid. The Institute may not lend money to its insiders or to entities it creates; anyone who votes for or helps make such a loan is personally liable to repay it until it is repaid.