5 C.F.R. § 890.504

Current through November 30, 2024

Section 890.504 - Disposition of contingency reserves upon reorganization or merger of plans

Upon reorganization or merger of a plan, OPM must credit to the surviving plan the reserves of the reorganized or merged plan. If more than one plan survives, the reserves must be divided among the surviving plans in proportion to the number of enrollees continuing to subscribe to the surviving plans.

5 C.F.R. §890.504

54 FR 52339, Dec. 21, 1989; 55 FR 22891, June 5, 1990