[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: 5CFR841.405]

[Page 263]
 
                    TITLE 5--ADMINISTRATIVE PERSONNEL
 
          CHAPTER I--OFFICE OF PERSONNEL MANAGEMENT (CONTINUED)
 
PART 841_FEDERAL EMPLOYEES RETIREMENT SYSTEM_GENERAL ADMINISTRATION
--Table of Contents
 
                       Subpart D_Government Costs
 
Sec. 841.405  Economic assumptions.

    The determinations of the normal cost percentage will be based on 
the economic assumptions determined by the Board. When an agency's case 
is based in whole or in part on the pattern of merit salary increases 
specific to the agency or to a category of employees within the agency, 
the Board may require modification of the economic assumptions 
concerning salary and wage growth to take into account the combined 
effect of merit and general wage and salary increases.

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