[Code of Federal Regulations]
[Title 5, Volume 2]
[Revised as of January 1, 2008]
From the U.S. Government Printing Office via GPO Access
[CITE: 5CFR847.431]

[Page 387-388]
 
                    TITLE 5--ADMINISTRATIVE PERSONNEL
 
          CHAPTER I--OFFICE OF PERSONNEL MANAGEMENT (CONTINUED)
 
PART 847_ELECTIONS OF RETIREMENT COVERAGE BY CURRENT AND FORMER EMPLOYEES OF 
 
    Subpart D_Elections of Coverage Under the Retroactive Provisions
 
Sec.  847.431  Election requirements.

    (a)(1)(i) A NAFI employee who completed a qualifying move from FERS 
under Sec.  847.402(a) may, instead of the election provided by Sec.  
847.411 (pertaining to elections of CSRS and FERS coverage), elect to 
remain subject to the current NAFI retirement system for all subsequent 
periods of service.
    (ii) Prior service under FERS becomes credible under the NAFI 
retirement system rules.
    (2) An NAFI employee who has had a previous opportunity to elect 
retirement coverage under Sec.  847.202(e) or (f) is not excluded from 
making this election.
    (b) A survivor may make an election under paragraph (a) of this 
section if the employee was otherwise eligible, but died before 
expiration of the time limit under Sec.  847.304.

[[Page 388]]

    (c) An election under this section is irrevocable when received by 
the employing agency.

[61 FR 41721, Aug. 9, 1996, as amended at 68 FR 2180, Jan. 16, 2003]