Page:United States Statutes at Large Volume 111 Part 1.djvu/782

 Ill STAT. 758 PUBLIC LAW 105-33—AUG. 5, 1997 "(ii) a net experience gain or loss over a 10-year period; and "(iii) any other changes in actuarial liability over a 20-year period. "(C) The 'covered administrative expenses' are the expenses determined by the Secretary (on an annual basis) to be necessary to administer the Fund. "(3) Deposits made under this subsection shall be taken from sums available for that fiscal year for the payment of the expenses of the Court, and shall not be credited to the account of any individual. "(e) The Secretary shall invest such portion of the Fund as is not in the judgment of the Secretary required to meet current withdrawals. Such investments shall be in public debt securities with maturities suitable to the needs of the Fund, as determined by the Secretary, and bearing interest at rates determined by the Secretary, taking into consideration current market yields on outstanding marketable obligations of the United States of comparable maturities. "(f) None of the moneys mentioned in this subchapter shall be assignable, either in law or in equity, or be subject to execution, levy, attachment, garnishment, or other legal process (except to the extent permitted pursuant to the District of Columbia Spouse Equity Act of 1988). "(g) Notwithstanding any other provision of District law, rule, or regulation, any civil action brought— "(1) by an individual to enforce or clarify rights to benefits from the Fund; or "(2) by the Secretary— "(A) to enforce any claim arising (in whole or in part) under this section or any contract entered into to carry out this section, "(B) to recover benefits improperly paid from the Fund or to clarify an individual's rights to benefits from the Fund, or "(C) to enforce any provision of this section or any contract entered into to carry out this section, shall be brought in the United States District Court for the District of Columbia.". (b) CLERICAL AMENDMENT. — The table of sections for subchapter III of chapter 15 of title 11, District of Columbia Code, is amended by amending the item relating to section 11-1570 to read as follows: "11-1570. The District of Columbia Judicial Retirement and Survivors Annuity Fund. ". SEC. 11252. TERMINATION OF CURRENT FUND AND PROGRAM. (a) TERMINATION OF JUDGES' RETIREMENT FUND. —Section 124 of the District of Columbia Retirement Reform Act (DC Code, sec. 1-714) is amended by striking subsection (c) and inserting the following: "(c)(1) Notwithstanding any other provision of this Act or the amendments made by this Act, upon the date the assets of the Retirement Fund described in title I of the National Capital Revitalization and Self-Government Improvement Act of 1997 are transferred, the assets of the District of Columbia Judges' Retirement Fund established under subsection (a) shall be transferred to the District of Columbia Judicial Retirement and Survivors Annuity

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