Page:United States Statutes at Large Volume 93.djvu/898

 93 STAT. 866

PUBLIC LAW 96-122—NOV. 17, 1979

Public Law 96-122 96th Congress An Act Nov. 17, 1979 [S. 1037]

District of Columbia Retirement Reform Act.

To establish an actuarially sound basis for financing retirement benefits for police officers, fire fighters, teachers, and judges of the District of Columbia and to make certain changes in such benefits.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SHORT TITLE AND TABLE OF CONTENTS

1. This Act, with the following table of contents, may be cited as the "District of Columbia Retirement Reform Act". SECTION

TABLE OF CONTENTS Sec. 1. Short title and table of contents. TITLE I—FINANCING OF RETIREMENT BENEFITS PART A—FINDINGS AND PURPOSE; DEFINITIONS

Sec. 101. Findings and purpose. Sec. 102. Definitions. PART B—ESTABLISHMENT OF RETIREMENT BOARD AND RETIREMENT FUNDS

121. 122. 123. 124. 125.

District of Columbia Retirement Board. District of Columbia Police Officers and Fire Fighters' Retirement Fund. District of Columbia Teachers' Retirement Fund. District of Columbia Judges' Retirement Fund. Management of Retirement Funds. PART C—FINANCING OF RETIREMENT BENEFITS

Sec. 141. Limitation on investment of Retirement Funds. Sec. 142. Determination of Federal and District of Columbia payments to the Funds. Sec. 143. Information about retirement programs. Sec. 144. Federal and District of Columbia payments to the Funds. Sec. 145. Reduction in Federal contribution for excessive cost of police officers and fire fighters' disability retirement. Sec. 146. Conforming amendments. PART D—REPORTING AND DISCLOSURE REQUIREMENTS

Sec. Sec. Sec. Sec. Sec. Sec. Sec. Sec. Sec.

161. 162. 163. 164. 165. 166. 167. 168. 169.

Personal financial disclosure by Board members. Annual reports. Retirement program summary description. Filing reports and furnishing information to participants. Reporting of participants' benefit rights. Public information. Retention of records. Additional information. Criminal penalties. PART E—FIDUCIARY RESPONSIBILITY; CIVIL SANCTIONS

Sec. 181. Fiduciary responsibilities.

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