22 USC 4059: Investment of Fund
Text contains those laws in effect on May 1, 2024
From Title 22-FOREIGN RELATIONS AND INTERCOURSECHAPTER 52-FOREIGN SERVICESUBCHAPTER VIII-FOREIGN SERVICE RETIREMENT AND DISABILITYPart I-Foreign Service Retirement and Disability System
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§4059. Investment of Fund
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.
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