[Code of Federal Regulations]
[Title 5, Volume 2]
[Revised as of January 1, 2002]
From the U.S. Government Printing Office via GPO Access
[CITE: 5CFR841.604]

[Page 270]
 
                    TITLE 5--ADMINISTRATIVE PERSONNEL
 
          CHAPTER I--OFFICE OF PERSONNEL MANAGEMENT (Continued)
 
PART 841--FEDERAL EMPLOYEES RETIREMENT SYSTEM--GENERAL ADMINISTRATION--Table of Contents
 
                   Subpart F--Computation of Interest
 
Sec. 841.604  Interest on service credit deposits.

    (a) Interest on civilian service credit deposits is computed under 
Sec. 842.305 of this chapter.
    (b) Interest on military service credit deposits is computed under 
Sec. 842.307 of this chapter.
    (c) In the case of a retirement coverage error that was corrected 
under part 839 (pertaining to errors that lasted for at least 3 years of 
service after December 31, 1986) in which:
    (1) A CSRS service credit deposit was made; and
    (2) There is a subsequent retroactive change to FERS, the excess of 
the amount of the CSRS civilian or military service credit deposit over 
the FERS civilian or military deposit, together with interest computed 
under Sec. 842.305 of this chapter, shall be paid to the employee or 
annuitant. In the case of a deceased employee or annuitant, payment is 
made to the individual entitled to lump-sum benefits under subpart B of 
part 843 of this chapter.

[52 FR 12132, Apr. 15, 1987, as amended at 57 FR 32155, July 21, 1992; 
66 FR 15618, Mar. 19, 2001]