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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 45 U.S.C. § 231v Computation and certification of account benefit ratios us united_states_code code_section 45 RAILROADS 9 RETIREMENT OF RAILROAD EMPLOYEES 231v 45 U.S.C. § 231v current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc45@119-100.zip /us/usc/t45/s231v data/legal/raw/us/code/title-45/usc45.xml 12e9b3d31879fc70d09facadc0e021c76d7d9b44d08872b7a99a0cf71a6307ca 6ff04cb352e22f8a18f24c94e9adb8036909cf2a75f41489d768a5934fb9667c bdabb411b9a9dd00908cc23f1b75e176133e48baff881ac4b104efa2e891cfe9 2026-07-04 official
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45 U.S.C. § 231v - Computation and certification of account benefit ratios

Text

(a) Initial computation and certification On or before November 1, 2003, the Railroad Retirement Board shall—

(1) compute the account benefits ratios for each of the most recent 10 preceding fiscal years, and

(2) certify the account benefits ratios for each such fiscal year to the Secretary of the Treasury.

(b) Computations and certifications after 2003 On or before November 1 of each year after 2003, the Railroad Retirement Board shall—

(1) compute the account benefits ratio for the fiscal year ending in such year, and

(2) certify the account benefits ratio for such fiscal year to the Secretary of the Treasury.

(c) Definition As used in this section, the term “account benefits ratio” has the meaning given that term in section 3241(c) of the Internal Revenue Code of 1986 [26 U.S.C. 3241(c)].

(Aug. 29, 1935, ch. 812, § 23, as added Pub. L. 10790, title I, § 108(b), Dec. 21, 2001, 115 Stat. 890.)

Notes

Editorial Notes

Prior ProvisionsA prior section 231v, act Aug. 29, 1935, ch. 812, § 23, as added Aug. 12, 1983, Pub. L. 9876, title IV, § 418, 97 Stat. 438, provided that for purposes of Inspector General Act of 1978, the Railroad Retirement Board is an “establishment” and the Chairman of such Board the “head of the establishment”, prior to repeal by Pub. L. 100504, title I, §§ 102(e)(3), 113, Oct. 18, 1988, 102 Stat. 2517, 2530, effective 180 days after Oct. 18, 1988.