5 C.F.R. PART 847--ELECTIONS OF RETIREMENT COVERAGE BY CURRENT AND FORMER EMPLOYEES OF NONAPPROPRIATED FUND INSTRUMENTALITIES


TITLE 5--Administrative Personnel

CHAPTER I--OFFICE OF PERSONNEL MANAGEMENT

SUBCHAPTER B--CIVIL SERVICE REGULATIONS

PART 847--ELECTIONS OF RETIREMENT COVERAGE BY CURRENT AND FORMER EMPLOYEES OF NONAPPROPRIATED FUND INSTRUMENTALITIES

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Subpart A--GENERAL PROVISIONS

�847.101
Purpose and scope.
�847.102
Regulatory structure.
�847.103
Definitions.
�847.104
OPM responsibilities.
�847.105
Agency responsibilities.
�847.106
Agency decision concerning eligibility.
�847.107
Appeals to MSPB.
�847.108
Computation of time.
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Subpart B--ELECTIONS TO CONTINUE RETIREMENT COVERAGE AFTER A QUALIFYING MOVE

�847.201
Purpose and scope.
�847.202
Definition of qualifying move.
�847.203
Elections of CSRS coverage.
�847.204
Elections of FERS coverage.
�847.205
Elections of NAFI retirement system coverage.
�847.206
Time limit for making an election.
�847.207
Effective dates of elections.
�847.208
Changes of election.
�847.209
Collection of CSRS and FERS retirement contributions from NAFI employers.
�847.210
Collection of NAFI retirement contributions from Federal agencies.
�847.211
Death of employee during election opportunity period.
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Subpart C--PROCEDURES FOR ELECTIONS UNDER THE RETROACTIVE PROVISIONS

�847.301
Purpose and scope.
�847.302
Notice of election rights.
�847.303
Election forms.
�847.304
Time limit.
�847.305
Basic records.
�847.401
Purpose and scope.
�847.402
Definition of qualifying move.
�847.411
Election requirements.
�847.412
Elections of FERS instead of CSRS.
�847.413
Effective date of an election.
�847.414
Crediting future NAFI service.
�847.415
OASDI coverage.
�847.416
Credit for refunded FERS service.
�847.421
Election requirements.
�847.422
Crediting future NAFI service.
�847.423
Credit for refunded FERS service.
�847.431
Election requirements.
�847.432
Effect of a refund of FERS deductions.
�847.433
Exclusion from FERS for future service.
�847.441
Election requirements.
�847.442
Effective date.
�847.443
Exclusion from FERS for future service.
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Subpart E--TRANSFERS OF CONTRIBUTIONS UNDER THE RETROACTIVE PROVISIONS

�847.501
Purpose and scope.
�847.502
Transfers to the CSR Fund.
�847.503
Transfers from the CSR Fund.
�847.504
Amount of transfer.
�847.505
When transfer occurs.
�847.506
Procedures for transfer.
�847.507
Earnings after transfer.
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Subpart F--ADDITIONAL EMPLOYEE COSTS UNDER THE RETROACTIVE PROVISIONS

�847.601
Purpose and scope.
�847.602
Present value factors.
�847.603
Date of present value and deficiency determinations.
�847.604
Methodology for determining deficiency.
�847.605
Methodology for determining the present value of annuity with service credit.
�847.606
Methodology for determining the present value of annuity without service credit--credit not needed for title.
�847.607
Methodology for determining the present value of annuity without service credit--credit needed for title.
�847.608
Reduction in annuity due to deficiency.
Appendix
Appendix A to Subpart F--List of Events for Which Inclusion of NAFI Service May Affect the Rate of Annuity Payable
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Subpart G--COMPUTATION OF BENEFITS UNDER THE RETROACTIVE PROVISIONS

�847.701
Purpose and scope.
�847.702
Lump-sum payments and refunds.
�847.703
Reductions in annuity.
�847.704
Maximum survivor annuity election.
�847.705
Cost-of-living adjustments.
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Subpart H--ELECTING TO CREDIT NAFI SERVICE FOR CSRS AND FERS RETIREMENT ELIGIBILITY

�847.801
What information is in this subpart?
�847.802
Who may elect to use NAFI service to qualify for immediate retirement under CSRS or FERS?
�847.803
When do employees make the election to use their NAFI service to qualify for an immediate retirement under CSRS or FERS?
�847.804
How do employees make an election to use their NAFI service to qualify for an immediate retirement under CSRS or FERS?
�847.805
What NAFI service can employees elect to credit toward retirement eligibility under CSRS or FERS?
�847.806
How much NAFI service must employees elect to use to qualify for an immediate CSRS or FERS retirement?
�847.807
Do employees have to pay CSRS or FERS deposits for the NAFI service they use to qualify for immediate retirement under CSRS or FERS?
�847.808
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?
�847.809
What effect will NAFI service used to qualify for an immediate retirement have on the amount of the CSRS or FERS annuity?
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Subpart I--COMPUTING THE RETIREMENT ANNUITY FOR EMPLOYEES WHO ELECT TO USE NAFI SERVICE TO QUALIFY FOR AN IMMEDIATE CSRS OR FERS RETIREMENT

�847.901
What information is in this subpart?
�847.902
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?
�847.903
How is the monthly reduction to the retirement annuity computed?
�847.904
What are Present Value Factors
�847.905
How is the present value of an immediate annuity with credit for NAFI service computed?
�847.906
How is the present value of a deferred annuity without credit for NAFI service computed?
�847.907
How is the monthly annuity rate used to compute the present value of the deferred annuity without credit for NAFI service determined?
�847.908
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?
�847.909
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?
�847.910
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?
�847.911
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?
�847.912
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?
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