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5 U.S. Code § 8463: Rate of benefits

5 U.S. Code § 8463

5 U.S. Code § 8463 is about Rate of benefits. It is under Subchapter VI (General And Administrative Provisions) of Chapter 84 (Federal Employees’ Retirement system) of Subpart G (Insurance And Annuities) of Part III (Employees) of Title 5 (Government Organizations and Employees) of the Code.

Each annuity payable from the Fund is stated as an annual amount, one-twelfth of which, rounded to the next lower dollar, constitutes the monthly rate payable on the first business day of the first month beginning after the month for which it has accrued.

See also Rule 46 United States Federal Rules of Civil Procedure

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