[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: 5CFR847.431]

[Page 377]
 
                    TITLE 5--ADMINISTRATIVE PERSONNEL
 
          CHAPTER I--OFFICE OF PERSONNEL MANAGEMENT (Continued)
 
PART 847--ELECTIONS OF RETIREMENT COVERAGE BY CURRENT AND FORMER EMPLOYEES OF NONAPPROPRIATED FUND INSTRUMENTALITIES--Table of Contents
 
    Subpart D--Elections of Coverage Under the Retroactive Provisions
 
Sec. 847.431  Election requirements.

    (a)(1)(i) A NAFI employee who completed a qualifying move from FERS 
under Sec. 847.402(a) may, instead of the election provided by 
Sec. 847.411 (pertaining to elections of CSRS and FERS coverage), elect 
to remain subject to the current NAFI retirement system for all 
subsequent periods of service.
    (ii) Prior service under FERS becomes credible under the NAFI 
retirement system rules.
    (2) A NAFI employee who has had a previous opportunity to elect 
retirement coverage under Sec. 847.202(c) and (d) is not excluded from 
making this election.
    (b) A survivor may make an election under paragraph (a) of this 
section if the employee was otherwise eligible, but died before 
expiration of the time limit under Sec. 847.304.
    (c) An election under this section is irrevocable when received by 
the employing agency.