Page images
PDF
EPUB
[blocks in formation]

The fund is operated on a commercial basis to the greatest possible extent consistent with law. Administrative expenses are charged to the appropriation General operating expenses.

The income of the fund is derived from premium receipts, interest on investments, and payments which are made to the fund from the appropriation Veterans insurance and indemnities, for claims (1) resulting from extra hazards of the veterans' service, and (2) arising on certain policies held by personnel on active duty.

Analysis of Government Equity (in thousands of dollars)

[blocks in formation]

42.0 Insurance claims and indemnities.
99.0 Total obligations.

219,966 138,739 147,450 782,992 587,491 674,930 1,002,958 726,230 822,380

Assets of the fund, which are largely invested in special 33.0 Investments and loans. Treasury interest-bearing securities and in policy loans, are expected to increase from $6,763 million as of June 30, 1967 to $7,079 million as of June 30, 1969. The actuarial estimate of policy obligations as of June 30, 1967, total $6,692 million, leaving a balance of $70 million for contingency reserves.

Revenue, Expense, and Retained Earnings (in thousands of dollars)

UNITED STATES GOVERNMENT LIFE INSURANCE FUND
Program and Financing (in thousands of dollars)

[blocks in formation]
[blocks in formation]

Unexpended balance of fund, end of year. 938,776 816, 171 792, 844 839,604

The Fund is operated on a commercial basis to the greatest possible extent consistent with law. Administrative expenses are charged to the appropriation General operating expenses.

The income of the fund is derived from premium recepits, interest on investments, and payments which are made to the fund from the appropriation Veterans insurance and indemnities for claims (a) resulting from the extra hazards of the veterans service, and (b) arising on certain policies held by personnel on active military duty. Assets of the fund, which are largely invested in interestbearing securities and policy loans, are estimated to

Analysis of Government Equity (in thousands of dollars)

[blocks in formation]
[blocks in formation]
[blocks in formation]

111,000

-106,600

8,900

8,900

8,900

71 Total obligations (affecting expenditures)

72 Obligated balance, start of year.....

74 Obligated balance, end of year.

-27,000

[blocks in formation]

ADMINISTRATIVE PROVISIONS

Not to exceed 5 per centum of any appropriation for the current fiscal year for "Compensation and pensions", "Readjustment benefits", and "Veterans insurance and indemnities" may be transferred to any other of the mentioned appropriations, but not to exceed 10 per centum of the appropriations so augmented.

Appropriations available to the Veterans Administration for the current fiscal year for salaries and expenses shall be available for services as authorized by 5 U.S.C. 3109.

The appropriation available to the Veterans Administration for the current fiscal year for "Medical care" shall be available for funeral, burial, and other expenses incidental thereto (except burial awards authorized by 38 U.S.C. 902), for beneficiaries of the Veterans Administration receiving care under such appropriations.

No part of the appropriations in this Act for the Veterans Administration (except the appropriation for "Construction of hospital and domiciliary facilities") shall be available for the purchase of any site for or toward the construction of any new hospital or home.

No part of the foregoing appropriations shall be available for hospitalization or examination of any persons except beneficiaries entitled under the laws bestowing such benefits to veterans, unless reimbursement of cost is made to the appropriation at such rates as may be fixed by the Administrator of Veterans Affairs. (IndepenAppropriation Act, 1968.) dent Offices and Department of Housing and Urban Development

300-100-6858

[blocks in formation]

01 Out of current authorizations...

02 Out of prior authorizations.......

50

38

This supplemental appropriation will be used to begin operations of the Administrative Conference in 1968.

The Conference is authorized on a permanent basis to assist the President, the Congress, the administrative agencies, and executive departments in improving existing administrative procedure. It is responsible for conducting studies of the efficiency, adequacy, and fairness of present procedures by which Federal administrative agencies and executive departments determine the rights, privileges, AMERICAN BATTLE MONUMENTS COMMISSION and obligations of private persons.

The Chairman is required, on behalf of the Conference, to transmit to the President and the Congress an annual report and such interim reports as he deems desirable. A supplemental for 1968 is recommended to fund the initial operations of the Conference.

Object Classification (in thousands of dollars)

[blocks in formation]

SALARIES AND EXPENSES

For necessary expenses, not otherwise provided for, of the American Battle Monuments Commission, including the acquisition of land or interest in land in foreign countries; purchase and repair of uniforms for caretakers of national cemeteries and monuments outside of the United States and its territories and possessions; not to exceed [$64,000] $83,000 for expenses of travel; rent of office and garage space in foreign countries; purchase ([two] one for replacement only) and hire of passenger motor vehicles; and insurance of official motor vehicles in foreign countries when required by law of such countries; [$2,370,000] $2,329,000: Provided, That where station allowance has been authorized by the Department of the Army for officers of the Army serving the Army at certain foreign stations, the same allowance shall be authorized for officers of the Armed Forces assigned to the Commission while serving at the same foreign stations, and this appropriation is hereby made available for the payment of such allowance: Provided further, That when traveling on business of the Commission, officers of the Armed Forces serving as members or as secretary of the Commission may be reimbursed for expenses as provided for civilian members of the Commission: Provided further, That the Commission shall reimburse other Government agencies, including the Armed Forces, for salary, pay, and allowances of personnel assigned to it. (36 U.S.C. 121-138b; Departments of State, Justice, and Commerce, the Judiciary, and Related Agencies Appropriation Act, 1968.)

« PreviousContinue »