United States Code
USC most recently checked for updates: Oct 01, 2023
A cost-of-living annuity increase shall become effective under this section on the effective date of each such increase under section 8340(b) of title 5. Each such increase shall be applied to each annuity payable from the Fund under this part which has a commencing date not later than the effective date of the increase.
Each annuity increase under this section shall be identical to the corresponding percentage increase under section 8340(b) of title 5.
No increase in annuity provided by this section shall be computed on any additional annuity purchased at retirement by voluntary contributions.
The monthly installment of annuity after adjustment under this section shall be rounded to the next lowest dollar, except such installment shall after adjustment reflect an increase of at least $1.
Effective from its commencing date, there shall be an increase of 10 percent in the annuity of each surviving spouse whose entitlement to annuity resulted from the death of an annuitant who, prior to