[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: 5CFR842.502]

[Page 296]
 
                    TITLE 5--ADMINISTRATIVE PERSONNEL
 
          CHAPTER I--OFFICE OF PERSONNEL MANAGEMENT (CONTINUED)
 
PART 842_FEDERAL EMPLOYEES RETIREMENT SYSTEM_BASIC ANNUITY--Table of Contents
 
                      Subpart E_Annuity Supplement
 
Sec. 842.502  Definitions.

    In this subpart--
    Age 62 means the day before an individual's sixty-second birthday.
    Annuity Supplement means the monthly benefit described in Sec. 
842.504.
    Applicable exempt amount and earnings have the same meanings as in 
section 203 of the Social Security Act.
    Excess earnings means 50 percent of an individual's earnings which 
exceed the applicable exempt amount during a calendar year or, if less, 
an amount equal to the total annuity supplement paid to the individual 
in that year, but does not include earnings prior to an individual's 
attainment of the minimum retirement age.
    FERS means chapter 84 of title 5, United States Code.
    Minimum retirement age has the same meaning as in Sec. 842.202.
    Test year means the calendar year immediately before the one in 
which any reductions required by 5 U.S.C. 8421a and Sec. 842.505 are 
applied.