Code of Federal Regulations · Section

§ 847.608 — Reduction In Annuity Due To Deficiency

5 C.F.R. § 847.608

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Any annuity payable in the case of an employee who has made an election under subpart D of this part will include credit for the NAFI service. The monthly annuity rate on the date determined under § 847.603 will be permanently reduced by an amount equal to the amount of any deficiency divided by the present value factor for the annuitant's age on that date.

5 C.F.R. § 847.607

Authorizing Statute