[Code of Federal Regulations]
[Title 5, Volume 2, Parts 700 to 1199]
[Revised as of January 1, 2001]
From the U.S. Government Printing Office via GPO Access
[CITE: 5CFR841.503]

[Page 252]
 
                    TITLE 5--ADMINISTRATIVE PERSONNEL
 
          CHAPTER I--OFFICE OF PERSONNEL MANAGEMENT (Continued)
 
PART 841--FEDERAL EMPLOYEES RETIREMENT SYSTEM--GENERAL ADMINISTRATION--Table of Contents
 
       Subpart E--Employee Deductions and Government Contributions
 
Sec. 841.503  Amounts of employee deductions.

    (a) Except as provided in paragraph (b) of this section, the rate of 
employee deductions from basic pay for FERS coverage is seven percent of 
basic pay minus the percent of tax which is (or would be) in effect for 
the payment, for the employee cost of social security.
    (b) The rate of employee deductions from basic pay for FERS coverage 
for a Member, law enforcement officer, firefighter, air traffic 
controller, Congressional employee, or employee under section 302 of the 
Central Intelligence Agency Act of 1964 for Certain Employees is seven 
and one-half percent of basic pay, minus the percent of tax which is (or 
would be) in effect for the payment, for the employee cost of social 
security.
    (c) Employee deductions will be at the rate in paragraph (a) or (b) 
of this section as if social security deductions were being made even if 
social security deductions have ceased because of the amount of earnings 
during the year, or are not made for any other reason.

[52 FR 2057, Jan. 16, 1987, as amended at 52 FR 25197, July 6, 1987]