View all text of Chapter 857 [§ 8581 - § 8588]
§ 8582. Deferred annuity policy required
Each civilian member, as a part of his contract of employment, shall carry, during his employment, a deferred annuity policy, having no cash surrender or loan provision, in a joint-stock life insurance corporation that is incorporated under the laws of a State and has a charter restriction that its business must be conducted without profit to its stockholders.
(Aug. 10, 1956, ch. 1041, 70A Stat. 439, § 7082; renumbered § 8582, Pub. L. 115–232, div. A, title VIII, § 807(c)(1), Aug. 13, 2018, 132 Stat. 1836.)