Statutes, codes, and regulations
Code of Federal Regulations
Title 5 - ADMINISTRATIVE PERSONNELChapter I - OFFICE OF PERSONNEL MANAGEMENTSubchapter B - CIVIL SERVICE REGULATIONSPart 839 - CORRECTION OF RETIREMENT COVERAGE ERRORS UNDER THE FEDERAL ERRONEOUS RETIREMENT COVERAGE CORRECTIONS ACTSubpart K - EFFECT OF ELECTION
RETIREES AND SURVIVORS
Section 839.1116 - If, because of the change in my retirement coverage, I will owe larger deposits for military and civilian service credit, will I have to pay the additional deposit due or will OPM actuarially reduce my annuity?

5 C.F.R. § 839.1116

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Current through May 31, 2024
Section 839.1116 - If, because of the change in my retirement coverage, I will owe larger deposits for military and civilian service credit, will I have to pay the additional deposit due or will OPM actuarially reduce my annuity?

You can choose to pay the additional deposit amount. If you choose not to pay the deposit, OPM will actuarially reduce your annuity, as explained in 831.303(d) of this chapter.

5 C.F.R. §839.1116