Forfeitures in the Teacher’s Retirement Fund shall not be applied to increase the annuity of a person hereunder, but rather, shall be applied to pay administrative expenses, if and as directed by the District of Columbia Retirement Board, or used to reduce the District’s contributions.
(Aug. 7, 1946, 60 Stat. 875, ch. 779, § 15a; as added May 1, 2013, D.C. Law 19-312, § 2(j), 60 DCR 3434.)
The 2013 amendment by D.C. Law 19-312 added this section.
For temporary (90 days) addition of this section, see § 2(j) of the Retirement of Public-School Teachers Omnibus Congressional Review Emergency Act of 2013 (D.C. Act 20-41, March 25, 2013, 60 DCR 5361, 20 DCSTAT 527).
Section 2(j) of D.C. Law 19-313 added this section.
Section 4(b) of D.C. Law 19-313 provided that the act shall expire after 225 days of its having taken effect.
Structure District of Columbia Code
Title 38 - Educational Institutions
Chapter 20 - Retirement of Public School Teachers
Subchapter II - Retirement After June 30, 1946
§ 38–2021.01. Salary deductions; deposit
§ 38–2021.01a. Retirement credit for leave without pay
§ 38–2021.02. Retirement and Annuity Fund; income from investments; separate accounts
§ 38–2021.03. Voluntary and involuntary retirement
§ 38–2021.04. Disability retirement
§ 38–2021.05. Computation of annuity; options
§ 38–2021.06. Annuity of teachers retired for disability
§ 38–2021.07a. Required minimum distributions
§ 38–2021.08. Basis for determining annuity amount
§ 38–2021.09. Deferred annuity; annuity to survivors
§ 38–2021.10. Payment of beneficiaries
§ 38–2021.11. Consent to deductions
§ 38–2021.12. Discharge of teacher
§ 38–2021.14. Records and accounts; report to Congress. [Repealed]
§ 38–2021.15a. Disposition of forfeitures
§ 38–2021.16. Rules and regulations. [Repealed]
§ 38–2021.17. Funds not assignable or subject to execution
§ 38–2021.19. Recomputation of annuities
§ 38–2021.21. Adjustment of annuities on basis of price index; computation; definitions
§ 38–2021.23. Increased annuities for certain surviving spouses or domestic partners
§ 38–2021.24. Rollovers; purchase of service credit. [Transferred]
§ 38–2021.25. Internal Revenue Code limits. [Transferred]