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2026-07-06 09:52:37 -04:00

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LegalText 10 U.S.C. § 1461 Establishment and purpose of Fund; definition us united_states_code code_section 10 ARMED FORCES 74 DEPARTMENT OF DEFENSE MILITARY RETIREMENT FUND 1461 10 U.S.C. § 1461 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc10@119-100.zip /us/usc/t10/s1461 data/legal/raw/us/code/title-10/usc10.xml a245f5f84cb39e7faa144db4b48bcbad1dea1cd3fb54285fe98e50adb9bdc1aa 06a2679d38355c44f4219c983fdad34009233205d6ba271593a4c1b17a739ec1 a0b68234a4e323f62637406bb71a1be1cc9b0845057e68313ca76ab31874416d 2026-07-04 official
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10 U.S.C. § 1461 - Establishment and purpose of Fund; definition

Text

(a) There is established on the books of the Treasury a fund to be known as the Department of Defense Military Retirement Fund (hereinafter in this chapter referred to as the “Fund”), which shall be administered by the Secretary of the Treasury. The Fund shall be used for the accumulation of funds in order to finance on an actuarially sound basis liabilities of the Department of Defense and the Coast Guard under military retirement and survivor benefit programs.

(b) In this chapter, the term “military retirement and survivor benefit programs” means—

(1) the provisions of this title creating entitlement to, or determining the amount of, retired or retainer pay;

(2) the programs under the jurisdiction of the Department of Defense providing annuities for survivors of members and former members of the armed forces, including chapter 73 of this title, section 4 of Public Law 92425, and section 5 of Public Law 96402; and

(3) the authority provided in section 1408(h) of this title.

(Added Pub. L. 9894, title IX, § 925(a)(1), Sept. 24, 1983, 97 Stat. 644; amended Pub. L. 101189, div. A, title XVI, § 1622(e)(7), Nov. 29, 1989, 103 Stat. 1605; Pub. L. 102484, div. A, title VI, § 653(b)(1), Oct. 23, 1992, 106 Stat. 2428; Pub. L. 116283, div. G, title LVXXXII [LXXXII], § 8222, Jan. 1, 2021, 134 Stat. 4658.)

Notes

Editorial Notes

References in TextSection 4 of Public Law 92425, referred to in subsec. (b)(2), is set out as a note under section 1448 of this title. Section 5 of Public Law 96402, referred to in subsec. (b)(2), is set out as a note under section 1448 of this title.

Amendments2021—Subsec. (a). Pub. L. 116283 inserted “and the Coast Guard” after “liabilities of the Department of Defense”. 1992—Subsec. (b)(3). Pub. L. 102484 added par. (3). 1989—Subsec. (b). Pub. L. 101189 inserted “the term” after “In this chapter,”.