Code of Federal Regulations · Section
§ 847.505 — When Transfer Occurs
5 C.F.R. § 847.505
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(a) OPM, the Department of Defense, and the U.S. Coast Guard will transfer the amount specified in § 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.
Authorizing Statute
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Creditable service5 U.S.C. § 8332
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Administration; regulations5 U.S.C. § 8347