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Code of Federal Regulations Title 5. Administrative Personnel § 5.847.907 How is the monthly annuity rate used to compute the present value of the deferred annuity without credit for NAFI service determined?

Current as of January 02, 2025 | Updated by Findlaw Staff

(a) The monthly annuity rate used to compute the present value of the deferred annuity under § 847.906 of this subpart for CSRS retirees equals the monthly annuity otherwise payable under 5 U.S.C. chapter 83, subchapter III, including all reductions provided under that subchapter.

(b) The monthly annuity rate used to compute the present value of the deferred annuity under § 847.906 of this subpart for CSRS Offset retirees is computed as described in paragraph (a) of this section, except that the reduction under section 5 U.S.C. 8349 does not apply.

(c) The monthly annuity rate used to compute the present value of the deferred annuity under § 847.906 of this subpart for FERS retirees equals the monthly rate of annuity otherwise payable under 5 U.S.C. chapter 84, subchapter II, including all reductions provided under that subchapter.

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Cite this article: FindLaw.com - Code of Federal Regulations Title 5. Administrative Personnel § 5.847.907 How is the monthly annuity rate used to compute the present value of the deferred annuity without credit for NAFI service determined? - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-5-administrative-personnel/cfr-sect-5-847-907/

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