; and (B) if the balance of the Reserve Fund is an amount that is less than the amount required under subsection (b), obtain the amount required under subsection (b). (2) Considerations In exercising the authority under paragraph (1), the Administrator shall consider— (A) the expected operating expenses of the Reserve Fund; (B) the covered loss expenditures under the Program; (C) any investment income generated under the Program; and (D) any other factor that the Administrator determines appropriate. (3) Limitation Notwithstanding any other provision of law or any agreement entered into by the Administrator, the Administrator shall ensure that all amounts attributable to the establishment or increase of annual policy charges under paragraph (1) are transferred to the Administrator for deposit into the Reserve Fund to be available for meeting the expected future obligations of the Program, as described in subsection (a)(2). (d) Phase-In requirements The phase-in requirements under this subsection are as follows: (1) In general Beginning in fiscal year 2018, and in each successive fiscal year thereafter until the amount required under subsection (b) is obtained, the Administrator shall deposit in the Reserve Fund an amount that is not less than 10 percent of the amount required under subsection (b). (2) Amount satisfied Except as provided in paragraph (3), beginning on the date on which the amount required under subsection (b) is obtained, the Administrator shall not be required to set aside any amounts for the Reserve Fund. (3) Exception If, at any time during any fiscal year after the amount required under subsection (b) is obtained, the amount in the Reserve Fund is less than the amount required under subsection (b), the Administrator shall deposit in the Reserve Fund during that fiscal year an amount that is not less than the lesser of— (A) the difference between the amount required under subsection (b) and the amount in the Reserve Fund