Page:United States Statutes at Large Volume 94 Part 2.djvu/1379

 PUBLIC LAW 96-499—DEC. 5, 1980

94 STAT. 2657

(2) In the case of a State with respect to which the Secretary of Labor has determined that State legislation is required in order to eliminate its current policy of paying regular compensation to an individual for his first week of otherwise compensable unemployment, the amendments made by this section shall apply in the case of compensation paid to individuals during eligibility periods beginning after the end of the first regularly scheduled session of the State legislature ending more than thirty days after the date of the enactment of this Act. BENEFITS ON ACCOUNT OF FEDERAL SERVICE TO BE PAID BY EMPLOYING FEDERAL AGENCY

SEC. 1023. (a) Title IX of the Social Security Act is amended by adding at the end thereof the following new section: " FEDERAL E M P L O Y E E S COMPENSATION ACCOUNT

"SEC. 909. There is hereby established in the Unemployment Trust 42 USC 1109. Fund a Federal Employees Compensation Account which shall be used for the purposes specified in section 8509 of title 5, United States Code. For the purposes provided for in section 904(e), such account 42 USC 1104. shall be maintained as a separate book account.". (h) Subchapter I of chapter 85, title 5, United States Code, is amended by adding at the end thereof the following new section: "§ 8509. Federal Employees Compensation Account 5 USC 8509. "(a) The Federal Employees Compensation Account (as established by section 909 of the Social Security Act, and hereafter in this section Supra. referred to as the 'Account') in the Unemployment Trust Fund (as established by section 904 of such Act) shall consist of^ 42 USC 1104. "(1) funds appropriated to or transferred thereto, and "(2) amounts deposited therein pursuant to subsection (c). "(b) Moneys in the Account shall be available only for the purpose of making payments to States pursuant to agreements entered into under this subchapter and making payments of compensation under this subchapter in States which do not have in effect such an agreement. "(c)(1) Each employing agency shall deposit into the Account amounts equal to the expenditures incurred under this subchapter on account of Federal service performed by employees and former employees of that agency. "(2) Deposits required by paragraph (1) shall be made during each calendar quarter and the amount of the deposit to be made by any employing agency during any quarter shall be based on a determination by the Secretary of Labor as to the amounts of payments, made prior to such quarter from the Account based on Federal service performed by employees of such agency after December 31, 1980, with respect to which deposit has not previously been made. The amount to be deposited by any employing agency during any calendar quarter shall be adjusted to take account of any overpayment or underpayment of deposit during any previous quarter for which adjustment has not already been made. "(d) The Secretary of Labor shall certify to the Secretary of the Treasury the amount of the deposit which each employing agency is required to make to the Account during any calendar quarter, and the Secretary of the Treasury shall notify the Secretary of Labor as to

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