Notes on 5 U.S.C. § 8714 : US Code - Notes

Search Notes on 5 U.S.C. § 8714 : US Code - Notes

(Pub. L. 89-554, Sept. 6, 1966, 80 Stat. 598; Pub. L. 95-454, title
IX, Sec. 906(a)(2), Oct. 13, 1978, 92 Stat. 1224; Pub. L. 96-499,
title IV, Sec. 405(a), Dec. 5, 1980, 94 Stat. 2606.)
HISTORICAL AND REVISION NOTES                   
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Derivation           U.S. Code              Revised Statutes and    
Statutes at Large     
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5 U.S.C. 2094(c)         Aug. 17, 1954, ch. 752,     
(less applicability      Sec. 5(c) (less            
to 5 U.S.C. 2099),       applicability to Sec. 10), 
(d).                     68 Stat. 739.              
Aug. 11, 1955, ch. 794,     
Sec. 1(a) "(c) (less       
applicability to Sec. 10)",
(b), 69 Stat. 676.         
Apr. 11, 1958, Pub. L.      
85-377, Sec. 1 (less       
applicability to Sec. 10), 
72 Stat. 87.               
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In subsection (a), the words "of the Employees' Life Insurance
Fund" are substituted for "of a fund which is hereby created". The
proviso which made appropriations available to the Commission for
salaries and expenses for the fiscal year 1955 available on a
reimbursable basis for necessary administrative expenses for
carrying out the purposes of this chapter is omitted as executed.
Standard changes are made to conform with the definitions
applicable and the style of this title as outlined in the preface
to the report.
AMENDMENTS                            
1980 - Subsec. (c). Pub. L. 96-499 added subsec. (c).
1978 - Subsec. (a)(2). Pub. L. 95-454 substituted "Office of
Personnel Management" for "Civil Service Commission".
EFFECTIVE DATE OF 1980 AMENDMENT                 
Section 405(b) of Pub. L. 96-499 provided that: "The amendment
made by subsection (a) [amending this section] shall take effect on
the date of the enactment of this Act [Dec. 5, 1980], and shall
apply with respect to premiums paid on or after such date."
EFFECTIVE DATE OF 1978 AMENDMENT                 
Amendment by Pub. L. 95-454 effective 90 days after Oct. 13,
1978, see section 907 of Pub. L. 95-454, set out as a note under
section 1101 of this title.
FUNDING                              
Pub. L. 103-409, Sec. 4, Oct. 25, 1994, 108 Stat. 4232, provided
that: "Notwithstanding section 8714(a)(1) of title 5, United States
Code, the Office of Personnel Management shall retain in the
Employees' Life Insurance Fund such portion of premium payments
otherwise due as will, no later than September 30, 1995,
permanently reduce the contingency reserve established under the
third sentence of section 8712 of such title 5 by an amount equal
to the amount by which payments from the Employees' Life Insurance
Fund during the fiscal year ending September 30, 1995, exceed the
payments that would have been paid had the amendments made by this
Act [enacting section 8714d of this title] not been enacted."