[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: 5CFR847.416]

[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. 847.416  Credit for refunded FERS service.

    (a) An employee or survivor who elects FERS coverage under Sec. 
847.411 will receive credit in the FERS annuity for the service 
represented by any refund of the unexpended balance under Sec. 843.202 
of this chapter.
    (b) The amount of the refund, increased by interest as computed 
under Sec. 842.305(e) of this chapter, will be added to the deficiency 
computed under Sec. 847.604 and collected in accordance with the 
provisions of Sec. 847.609 (pertaining to a monthly reduction in the 
annuity benefit).

Elections to Remain in FERS Coverage With Credit for NAFI Service Based 
                       on a Move From NAFI to FERS