50 USC 2151 - Application of Federal Employees’ Retirement System to Agency employees

U.S Code last checked for updates: Nov 22, 2024

§ 2151.

Application of Federal Employees’ Retirement System to Agency employees

(a)

General rule

(b)

Exception for pre-1984 employees

(c)

Nonapplicability of FERS to certain employees

(1)

The provisions of chapter 84 of title 5 shall not apply with respect to—

(A)

any individual who separates, or who has separated, from Federal Government service after having been an employee of the Agency subject to subchapter II of this chapter; and

(B)

any employee of the Agency having at least 5 years of civilian service which was performed before January 1, 1987, and is creditable under subchapter II of this chapter (determined without regard to any deposit or redeposit requirement under subchapter III of chapter 83 of title 5, or under subchapter II of this chapter, or any requirement that the individual become subject to such subchapter or to subchapter II of this chapter after performing the service involved).

(2)

Paragraph (1) shall not apply with respect to an individual who has elected under regulations prescribed under section 2157 of this title to become subject to chapter 84 of title 5 to the extent provided in such regulations.

(3)

An individual described in paragraph (1) shall be deemed to be an individual excluded under section 8402(b)(2) of title 5.

(d)

Election to become subject to FERS

An employee who is designated as a participant in the Central Intelligence Agency Retirement and Disability System after December 31, 1987, pursuant to section 2013 of this title may elect to become subject to chapter 84 of title 5. Such election—

(1)

shall not be effective unless it is made during the six-month period beginning on the date on which the employee is so designated;

(2)

shall take effect beginning with the first pay period beginning after the date of the election; and

(3)

shall be irrevocable.

(e)

Special rules

(Pub. L. 88–643, title III, § 301, as added Pub. L. 102–496, title VIII, § 802, Oct. 24, 1992, 106 Stat. 3243.)

cite as: 50 USC 2151