5 USC 5401: Purpose
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5 USC 5401: Purpose Text contains those laws in effect on November 21, 2024
From Title 5-GOVERNMENT ORGANIZATION AND EMPLOYEESPART III-EMPLOYEESSubpart D-Pay and AllowancesCHAPTER 54-HUMAN CAPITAL PERFORMANCE FUND
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§5401. Purpose

The purpose of this chapter is to promote, through the creation of a Human Capital Performance Fund, greater performance in the Federal Government. Monies from the Fund will be used to reward agencies' highest performing and most valuable employees. This Fund will offer Federal managers a new tool to recognize employee performance that is critical to the achievement of agency missions.

(Added Pub. L. 108–136, div. A, title XI, §1129(a), Nov. 24, 2003, 117 Stat. 1642 .)


Editorial Notes

Prior Provisions

A prior section 5401, added Pub. L. 95–454, title V, §501, Oct. 13, 1978, 92 Stat. 1180 ; amended Pub. L. 97–346, §2, Oct. 15, 1982, 96 Stat. 1647 ; Pub. L. 98–615, title II, §201(a), Nov. 8, 1984, 98 Stat. 3208 ; Pub. L. 102–378, §2(37), Oct. 2, 1992, 106 Stat. 1351 , stated purpose of chapter to provide a performance management and recognition system, prior to repeal by Pub. L. 103–89, §3(a)(1), (c), Sept. 30, 1993, 107 Stat. 981 , 983, eff. Nov. 1, 1993.