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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 09:52:37 -04:00

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LegalText 10 U.S.C. § 1117 Investment of assets of Fund us united_states_code code_section 10 ARMED FORCES 56 DEPARTMENT OF DEFENSE MEDICARE-ELIGIBLE RETIREE HEALTH CARE FUND 1117 10 U.S.C. § 1117 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/s1117 data/legal/raw/us/code/title-10/usc10.xml 71999656f2355c70c7e44663df5d7c79966842336e5bb8086c713e43e44dd2f3 06a2679d38355c44f4219c983fdad34009233205d6ba271593a4c1b17a739ec1 4468d32fcf836d4582b31cb662fbc79e9d47248de4453696345761c5c846b527 2026-07-04 official
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10 U.S.C. § 1117 - Investment of assets of Fund

Text

The Secretary of the Treasury shall invest such portion of the Fund as is not in the judgment of the Secretary of Defense required to meet current withdrawals. Such investments shall be in public debt securities with maturities suitable to the needs of the Fund, as determined by the Secretary of Defense, and bearing interest at rates determined by the Secretary of the Treasury, taking into consideration current market yields on outstanding marketable obligations of the United States of comparable maturities. The income on such investments shall be credited to and form a part of the Fund.

(Added Pub. L. 106398, § 1 [[div. A], title VII, § 713(a)(1)], Oct. 30, 2000, 114 Stat. 1654, 1654A184.)