[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: 5CFR842.407]

[Page 295]
 
                    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]

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