[Code of Federal Regulations]
[Title 5, Volume 2]
[Revised as of January 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 5CFR831.404]

[Page 95-96]
 
                    TITLE 5--ADMINISTRATIVE PERSONNEL
 
          CHAPTER I--OFFICE OF PERSONNEL MANAGEMENT (CONTINUED)
 
PART 831_RETIREMENT--Table of Contents
 
                    Subpart D_Voluntary Contributions
 
Sec. 831.404  Procedure for making voluntary contributions.

    (a) To make voluntary contributions to the Civil Service Retirement 
and Disability Fund, an eligible individual must first apply on a form 
prescribed by OPM. OPM will establish a voluntary contribution account 
for each eligible individual who elects to make voluntary contributions 
and notify the individual that a voluntary contribution account has been 
established. An eligible individual may not make voluntary contributions 
until notified by OPM that an account has been so established.
    (b) After receiving notice from OPM under paragraph (a) of this 
section, an eligible individual may forward voluntary contributions to 
the Office of Personnel Management, at the address designated for that 
purpose. Voluntary contributions must be in the amount of $25 or 
multiples thereof, by money order, draft, or check payable to OPM.
    (c) The total voluntary contributions made by an employee or Member 
may not exceed, as of the date any contribution is received, 10 percent 
of the aggregate basic pay received by the eligible individual.

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    (1) Employees are responsible for not exceeding the 10 percent 
limit.
    (2) When the employee retires or withdraws the voluntary 
contributions, OPM will check to determine whether the 10 percent limit 
has been exceeded.
    (3) If the total of voluntary contributions received from the 
employee exceeds the 10 percent limit, OPM will refund without interest 
any amount that exceeds the 10 percent limit.