Page:United States Statutes at Large Volume 49 Part 1.djvu/2068

 74Tx C ONGRESS. SESS. II. CH. 859. JUNE 29, 1936. 20 23 Alaska Railroad retirement and disability fund, covering service from and after the effective date of this Act, less the sum of $1 per month or major fraction thereof, shall similarly be credited to such individual account. (b) In the case of any employee to whom this Act applies who shall Return of deductions on transfer to positio n be transferred to a position not within the purview of the Act, or not included in Act, etc. who shall become absolutely separated from the service before becom- ing eligible for retirement on annuity, the amount credited to his individual account shall be returned to such employee together with interest at 4 per centum per annum compounded on June 30 of each year : Provided, That when any employee becomes involuntarily sepa- novisos. separa rated from the service, not by removal f or cause on charges of mis- Li on. conduct or delinquency, the total amount of his deductions with inter- est thereon shall be paid to such employee : And provided further, Redeposit on rein- That all moneys so returned to an employee must, upon reinstate- st ateme nt. ment, retransfer, or reappointment to a position coming within the purview of this Act, be redeposited with interest before such employee may derive any benefits under t his Act, except as provided in this section, but interest shall not be required covering any period of separation from the service. (c) In case an annuitant shall die without having received in Death of annuitant annuities purchased b y the employee's contributions a s provided in before receiving total ~ amount to credit. (2) of section 6 her eof an amount equal to the total amount to his rese nts Pt o legal rep- credit at time of retirement, the amount remaining to his credit shall be paid in one sum to his legal representatives upon t he establish- ment of a valid claim therefor, unless the annuitant shall have elected to receive an increased annuity as provided in section 6 hereof. d In case an employee shall die without having attained eli ibil- Death of employee g before attaining eligi- ity for retirement or without having established a valid claim for bilit y for retirement, an nuity, the total amo unt of his deduction s with int erest ther eon shall etc. b e paid to the legal rep resentativ es of such employee. (e) In case a former employee entitled to the return of the amount Legally incomp etent employees; payment to credited to his individual account shall become legally incompetent, guardian, etc . the total amount due may be paid to a duly appointed guardian or committee of such employee. (f) If the amount of accrued annuity or of refund due a former If no guardian, etc ., employee who is lega lly incompetent does not exceed $1,000, and if exceed $1,000 t does not there has been no de mand upon the United States Civil Service Com- mission by a duly appointed executor, administrator, guardian, or committee, payment may be made, after the expiration of thirty days from date of death or of separation from the service, as the case may be, to such person or persons as may appear in the judgment of th e Uni ted S tates Civi l Ser vice Conun issio n to be le gally enti tled thereto, and such payment shall be a bar to recovery by any other me gal effect of pay- person. SEC. 12 . Annuities granted under the terms of this Act shall be Annuities. payments. due and payab le in mont hly i nstal lment s on the f irst busin ess d ay of the month following the month or other period for which the annuity shall have accrued ; and payment of all annuities, refunds, and allowances granted hereunder shall be made by checks drawn and issu ed by the disbu rsing cler k for the payme nt of pens ions in such form and manner and with such safeguards as shall be pre- scribed by the United States Civil Service Commission in accordance with the laws, rules, and regulations governing accounting that may be found applicable to such payments. Applications for annuity shall be in such form as the United Application from head States Civil Service Commission may prescribe, and shall be sup- o f dep artm ent, etc. ported by such certificates from the heads of departments, branches, or independent offices of the Government, or the Alaska Railroad