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Current as of January 02, 2025 | Updated by Findlaw Staff
(a) An election under § 847.411 is effective on the first day of NAFI employment subject to retirement coverage following CSRS- or FERS-covered employment.
(b) Deductions and contributions for CSRS or FERS coverage under § 831.111 or § 841.501 of this chapter begin effective on the first day of the next pay period after the agency receives the employee's election under § 847.411(a).
(c) An election under § 847.411 is irrevocable when received by the employing agency.
(d) NAFI service performed on and after the effective date of an election under § 847.411 becomes fully creditable for retirement eligibility and computation of the annuity benefit, including computation of average pay.
Cite this article: FindLaw.com - Code of Federal Regulations Title 5. Administrative Personnel § 5.847.413 Effective date of an election - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-5-administrative-personnel/cfr-sect-5-847-413/
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