[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: 5CFR842.407]

[Page 280]
 
                    TITLE 5--ADMINISTRATIVE PERSONNEL
 
          CHAPTER I--OFFICE OF PERSONNEL MANAGEMENT (Continued)
 
PART 842--FEDERAL EMPLOYEES RETIREMENT SYSTEM--BASIC ANNUITY--Table of Contents
 
                         Subpart D--Computations
 
Sec. 842.407  Proration of annuity for part-time service.

    The annuity of an employee whose service includes part-time service 
is computed in accordance with Sec. 842.403, using the average pay based 
on the annual rate of basic pay for full-time service. This amount is 
then multiplied by the proration factor. The result is the annual rate 
of annuity before reductions for retirement before age 62, survivor 
benefits, or the reduction for an alternative form of annuity required 
by Sec. 842.706.

[52 FR 22436, June 12, 1987]