Page:United States Statutes at Large Volume 100 Part 1.djvu/591

 PUBLIC LAW 99-335—JUNE 6, 1986

100 STAT. 555

"TABLE II "Column 1 Year: 1987-1992 1993 1994 1995 1996

Column 2 Minimum percentage: 100 80 60 40 20.

"(3)(A) Before 1992, the sums invested in the Government Securities Investment Fund as required by paragraph (1) and the earnings attributable to the investment of such sums may not be reinvested in any investment fund other than the Government Securities Investment Fund. "(B) Before 1997, the sums invested in the Government Securities Investment Fund as required by paragraph (2) and the earnings attributable to the investment of such sums may not be reinvested in any investment fund other than the Government Securities Investment Fund. "(fKD The Secretary of the Treasury is authorized to issue special interest-bearing obligations of the United States for purchase by the Thrift Savings Fund for the Government Securities Investment Fund. "(2)(A) Obligations issued for the purpose of this subsection shall have maturities fixed with due regard to the needs of such Fund as determined by the Executive Director, and shall bear interest at a rate equal to the average market yield (computed by the Secretary of the Treasury on the basis of market quotations as of the end of the calendar month next preceding the date of issue of such obligations) on all marketable interest-bearing obligations of the United States then forming a part of the public debt which are not due or callable earlier than 4 years after the end of such calendar month. "(B) Any average market yield computed under subparagraph (A) which is not a multiple of one-eighth of 1 percent, shall be rounded to the nearest multiple of one-eighth of 1 percent. "(g) The Board, other Government agencies, the Executive Director, an employee, a Member, a former employee, and a former Member may not exercise voting rights associated with the ownership of securities by the Thrift Savings Fund. "§ 8439. Accounting and information 5 USC 8439. "(a)(1) The Executive Director shall establish and maintain an account for each individual for whom contributions are made under section 8432(c)(l) of this title or who makes contributions to the Thrift Savings Fund under section 8351 of this title. "(2) The balance in an individual's account at any time is the excess of— "(A) the sum of— "(i) all contributions made to the Thrift Savings Fund by the individual under section 8432(a) or 8351 of this title; "(ii) all contributions made to such Fund for the benefit of the individual under section 8432(c) of this title; and "(iii) the total amount of the allocations made to and reductions made in the account pursuant to paragraph (3), over -' "(B) the amounts paid out of the Thrift Savings Fund with respect to such individual under this subchapter. "(3) Pursuant to regulations prescribed by the Executive Director, the Executive Director shall allocate to each account an amount equal to a pro rata share of the net earnings and net losses from each investment of sums in the Thrift Savings Fund attributable to sums credited to such account, reduced by an appropriate share of

�