Statute · United States Code

45 U.S.C. § 231v — Computation and certification of account benefit ratios

45 U.S.C. § 231v

Type
Statute
Source
United States Code
Jurisdiction
Federal
Date
2026-10-22

(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)].

Citator

45 U.S.C. § 231v — Computation and certification of account benefit ratios is in force in the current edition of the Code, and nothing recorded condemns it.

(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)].