Title 5, Part 847 — Elections of Retirement Coverage by Current and Former Employees of Nonappropriated Fund Instrumentalities

Purpose and scope.

Regulatory structure.

Definitions.

OPM responsibilities.

Agency responsibilities.

Agency decision concerning eligibility.

Appeals to MSPB.

Computation of time.

Purpose and scope.

Definition of qualifying move.

Elections of CSRS coverage.

Elections of FERS coverage.

Elections of NAFI retirement system coverage.

Time limit for making an election.

Effective dates of elections.

Changes of election.

Collection of CSRS and FERS retirement contributions from NAFI employers.

Collection of NAFI retirement contributions from Federal agencies.

Death of employee during election opportunity period.

Purpose and scope.

Notice of election rights.

Election forms.

Time limit.

Basic records.

Purpose and scope.

Definition of qualifying move.

Election requirements.

Elections of FERS instead of CSRS.

Effective date of an election.

Crediting future NAFI service.

OASDI coverage.

Credit for refunded FERS service.

Election requirements.

Crediting future NAFI service.

Credit for refunded FERS service.

Election requirements.

Effect of a refund of FERS deductions.

Exclusion from FERS for future service.

Election requirements.

Effective date.

Exclusion from FERS for future service.

Purpose and scope.

Transfers to the CSR Fund.

Transfers from the CSR Fund.

Amount of transfer.

When transfer occurs.

Procedures for transfer.

Earnings after transfer.

Purpose and scope.

[Reserved]

Date of present value and deficiency determinations.

Methodology for determining deficiency.

Methodology for determining the present value of annuity with service credit.

Methodology for determining the present value of annuity without service credit—credit not needed for title.

Methodology for determining the present value of annuity without service credit—credit needed for title.

Reduction in annuity due to deficiency.

Purpose and scope.

Lump-sum payments and refunds.

Reductions in annuity.

Maximum survivor annuity election.

Cost-of-living adjustments.

What information is in this subpart?

Who may elect to use NAFI service to qualify for immediate retirement under CSRS or FERS?

When do employees make the election to use their NAFI service to qualify for an immediate retirement under CSRS or FERS?

How do employees make an election to use their NAFI service to qualify for an immediate retirement under CSRS or FERS?

What NAFI service can employees elect to credit toward retirement eligibility under CSRS or FERS?

How much NAFI service must employees elect to use to qualify for an immediate CSRS or FERS retirement?

Do employees have to pay CSRS or FERS deposits for the NAFI service they use to qualify for immediate retirement under CSRS or FERS?

Is money in the NAFI retirement fund covering NAFI service that an employee elects to use for immediate retirement under CSRS or FERS, transferred to the Civil Service Retirement and Disability Fund?

What effect will NAFI service used to qualify for an immediate retirement have on the amount of the CSRS or FERS annuity?

What information is in this subpart?

How does an election to credit NAFI service for immediate CSRS or FERS retirement under subpart H of this part affect the computation of the CSRS or FERS retirement annuity?

How is the monthly reduction to the retirement annuity computed?

What are Present Value Factors?

How is the present value of an immediate annuity with credit for NAFI service computed?

How is the present value of a deferred annuity without credit for NAFI service computed?

How is the monthly annuity rate used to compute the present value of the deferred annuity without credit for NAFI service determined?

If a retiree who elected to credit NAFI service under subpart H of this part earns a supplemental annuity under 5 CFR part 837, how will that supplemental annuity be computed?

If a retiree who elected to credit NAFI service under subpart H of this part earns a right to a redetermined annuity under 5 CFR part 837, how will the redetermined annuity be computed?

If a retiree who elected to credit NAFI service for CSRS immediate retirement returns to work for the Government under conditions that terminate the annuity, how will the retirement annuity be computed when the employee's service with the Government ends?

Is an employee who elects to credit NAFI service to qualify for an immediate FERS retirement under subpart H of this part eligible for an FERS annuity supplement under 5 CFR 842 subpart E?

If an employee who elects to credit NAFI service under subpart H of this part elects a survivor annuity will the monthly survivor annuity rate be subject to reduction?