[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: 5CFR847.505]

[Page 379]
 
                    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 E_Transfers of Contributions Under the Retroactive Provisions
 
Sec. 847.505  When transfer occurs.

    (a) OPM, the Department of Defense, and the U.S. Coast Guard will 
transfer the amount specified in Sec. 847.504 as soon as practicable 
after receipt of an election of retirement coverage under subpart D of 
this part.
    (b) The transfer of contributions may not be delayed until the 
employee retires or separates from service.