106 STAT. 3198 PUBLIC LAW 102-496—OCT. 24, 1992 "(4) FUND BALANCE. — The term 'fund balance' means the sum of— "(A) the investments of the fund calculated at par value; and "(B) the cash balance of the fund on the books of the Treasury. "(5) UNFUNDED LIABILITY.— The term 'imiunded liability* means the estimated amount by which— "(A) the present value of all benefits payable from the fund exceeds
- (B)tiiesum of—•
"(i) the present value of deductions to be withheld from the future basic pay of participants subject to title II and of future Agency contributions to be made on the behalf of such participants; "(ii) the present value of Government payments to the fond under sections 261(c) and 261(d); and "(iii) the fund balance as of the date on which the unfunded liability is determined. "(6) NORMAL COST. —Theterm'normal cost' means the level percentage of payroll required to be deposited in the fund to meet me cost of benefits payable under the system (computed in accordance with generally accepted actuarial practice on an entry-age basis) less the value of^ retirement benefits earned under another retirement system for government employees and less the cost of credit allowed for military service. "(7) LUMP-SUM CREDIT.— The term 'lump-sum credit' means the unrefunded amount consisting of retirement deductions made from a participant's basic pay, amounts deposited by a participant covering earlier service, including any amounts deposited under section 252(h), and interest detenmned under section 281. "(8) CONGRESSIONAL INTELLIGENCE COMMITTEES. —The term 'congressional intelligence committees' means the Permanent Select Committee on Intelligence of the House of Representatives and the Select Committee on Intelligence of the Senate. "(9) EMPLOYEE. — The term 'employee includes an officer of the Agency. 50 USC 2002. «SEC. 102. DEFINITIONS RELATING TO PARTICIPANTS AND ANNU- ITANTS.
- (a) GENERAL DEFiNrnoNS.—When used in title II:
"(1) FORMER PARTICIPANT. —The term 'former participant* means a person who— "(A) while an employee of the Agency was a participant in the system; and "(B) separates from the Agency without entitlement to immediate receipt of an annuity from the fund. > "(2) RETIRED PARTICIPANT. —The term 'retired participant* means a person who— "(A) while an employee of the Agency was a participant in the system; and "(B) is entitled to receive an annuity from the fund based upon such person's service as a participant. "(3) SURVIVING SPOUSE. — "(A) IN GENERAL.— The term 'surviving spouse' means the surviving wife or husband of a participant or retired
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