Code of Federal Regulations > Title 5 > Chapter I > Part 847 > Subpart I - Subpart I—Computing the Retirement Annuity for Employees Who Elect To Use NAFI Service To Qualify for an Immediate CSRS or FERS Retirement

Regulations last checked for updates: Nov 22, 2024

Title 5 - Administrative Personnel last revised: Oct 24, 2024

§ 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?

authority: 5 U.S.C. 8332(b)(17) and 8411(b)(6) and sections 1131 and 1132 of Pub. L. 107-107, December 28, 2001, 115 Stat 1242; 5 U.S.C. 8347(a) and 8461(g) and section 1043(b) of Pub. L. 104-106, Div. A, Title X, Feb. 10, 1996, 110 Stat. 434. Subpart B also issued under 5 U.S.C. 8347(q) and 8461(n)

source: 61 FR 41721, Aug. 9, 1996, unless otherwise noted.