106 STAT. 3202 PUBLIC LAW 102-496—OCT. 24, 1992 50 USC 2013. 'SEC. 203. PARTICIPANTS IN THE CIARDS SYSTEM.
- (a) DESIGNATION OF PARTICIPANTS. —The Director may from
time to time designate employees of the Agency who shall be entitled to participate in the system. Employees so designated who elect to participate in the system are referred to in this Act as 'participants'.
- (b) QUALIFYING SERVICE.— Designation of employees under this
section may be made only from among employees of the Agency who have completed at least 5 years of qualifying service. For purposes of this Act, qualifying service is service in the Agency Eeriormed in carrying out duties that are determined by the director— "(1) to be m support of Agency activities abroad hazardous to life or health; or "(2) to be so specialized because of security requirements as to be clearly distinguishable from normal government employment. "(c) ELECTION OF EMPLOYEE To BE A PARTICIPANT.— "(1) PERMANENCE OF ELECTION.—An employee of the Agency who elects to accept designation as a participant in the system shall remain a participant of the system for the duration of that individual's employment with the Agency.
- (2) IRREVOCABILITY OF ELECTION. —Such an election shall
be irrevocable except as and to the extent provided in section 301(d).
- (3) ELECTION NOT SUBJECT TO APPROVAL.— An election
under this section is not subject to review or approval by the Director. 50 USC 2014. "SEC. 204. ANNUITANTS. "Persons who are annuitants under the system are— "(1) those persons who, on the basis of their service in the Agency, have met all requirements for an annuity under this title or any other Act and are receiving an annuity from the fund; and "(2) tiiose persons who, on the basis of someone else's service, meet all the requirements under this title or any other Act for an annuity payable from the fund. "PartB—Contributions 50 USC 2021. "SEC. 211. CONTRIBUTIONS TO FUND.
- (a) IN GENERAL. —
"(1) PARTICIPANT'S CONTRIBUTIONS. —Except as provided in subsection (d), 7 percent of the basic pay received by a participant for any pay period shall be deducted and wimheld from the pay of that participant and contributed to the fund. "(2) AGENCY CONTRIBUTIONS.— An equal amount shall be contributed to the fund for that pay period from the appropriation or fund which is used for payment of the participant's basic pay. "(3) DEPOSITS TO THE FUND. — The amounts deducted and withheld from basic pay, together with the amounts so contributed from the appropriation or fund, shall be deposited by the Director to the credit of the fund.
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