Statutes, codes, and regulations
Code of Federal Regulations
Title 5 - ADMINISTRATIVE PERSONNELChapter I - OFFICE OF PERSONNEL MANAGEMENTSubchapter B - CIVIL SERVICE REGULATIONSPart 847 - ELECTIONS OF RETIREMENT COVERAGE BY CURRENT AND FORMER EMPLOYEES OF NONAPPROPRIATED FUND INSTRUMENTALITIES
Subpart F - ADDITIONAL EMPLOYEE COSTS UNDER THE RETROACTIVE PROVISIONS
Section 847.608 - Reduction in annuity due to deficiency

5 C.F.R. § 847.608

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Current through September 30, 2024
Section 847.608 - Reduction in annuity due to deficiency

Any annuity payable in the case of an employee who has made an election under subpart D of this part will include credit for the NAFI service. The monthly annuity rate on the date determined under § 847.603 will be permanently reduced by an amount equal to the amount of any deficiency divided by the present value factor for the annuitant's age on that date.

5 C.F.R. §847.608