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PUBLIC LAW 93-349-JULY 12, 1974

[88 STAT.

SPECIAL PROJECT GRANTS AND CONTRACTS 42 USC 295f-2.

SEC. 215. Section 772(a)(7) of the Public Health Service Act is amended by inserting immediately before the semicolon at the end thereof the following: ", or (C) providing increased emphasis on the ethical, social, legal, and moral miplications of advances in biomedical research and technology with respect to the effects of such advances on individuals and socjety". Approved July 12, 1974. Public Law 93-349

July 12, 1974 [H. R. 29]

Civil Service Retirement Fund. Postal Service payments.

39 USC 101 et seq.

Unfunded liability increase, determination.

Repeal.

Supra. Effective date, exceptions. 39 USC 1005 note.

87 Stat. 513.

AN ACT To provide for payments by the Postal Service to the Civil Service Retirement Fund for increases in the unfunded liability of the Fund due to increases in benefits for Postal Service employees, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assemMed, That section 8348 of title 5, United States Code, is amended by adding at the end thereof the following new subsection: " (h)(1) Notwithstanding any other statute, the United States Postal Service shall be liable for that portion of any estimated increase in the unfunded liability of the Fund which is attributable to any benefits payable from the Fund to active and retired Postal Service officers and employees, and to their survivors, when the increase results from an employee-management agreement under title ^9, or any administrative action by the Postal Service taken pursuant to law, which authorizes increases in pay on which benefits are computed. "(2) The estimated increase in the unfunded liability, referred to in paragraph (1) of this subsection, shall be determined by the Civil Sarvice Commission. The United States Postal Service shall pay the amount so determined to the Commission in thirty equal annual installments with interest computed at the rate used in the most recent valuation of the Civil Service Retirement System, with the first payment thereof due at the end of the fiscal year in which an increase in pay becomes effective.". SEC. 2. (a) The last sentence of section 1005(d) of title 39, United States Code, is repealed. (b) Section 1005(d) of title 39, United States Code, is amended by adding at the end thereof the following new sentence: "The Postal Service shall pay into the Civil Service Retirement and Disability Fund the amounts determined by the Civil Service Commission under section 8348(h) of title 5.". SEC. 3. The effective date of this Act shall be July 1, 1971, except that the Postal Service shall not be required to make (1) the payments due June 30, 1972, June 30, 1973, and June 30, 1974, attributable to pay increases granted by the Postal Service prior to July 1, 1973, until such time as funds are appropriated to the Postal Service for that purpose, and (2) the transfer to the Civil Service Retirement and Disability Fund required by title II of the Treasury, Postal Service, and General Government Appropriation Act, 1974, Public Law 93-143. Approved July 12, 1974.

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