Employing agency contributions.

CFR · 2024-01-01 · US · Title 5

(a) (b) (i) The amount of the employee's contribution that does not exceed 3% of the employee's basic pay for such pay period; and (ii) One-half of such portion of the amount of the employee's contributions that exceeds 3% but does not exceed 5% of the employee's basic pay for such period. (2) A uniformed service member is not entitled to matching contributions for contributions deducted from special or incentive pay (including bonuses). (c) (2) A uniformed service member covered by BRS will be eligible to receive employing agency contributions pursuant to the following rules: (i) A uniformed service member who first entered service on or after January 1, 2018 is entitled to: (A) Agency automatic (1%) contributions beginning in the first full pay period following the date that is 60 days after the uniformed service member's PEBD and ending in the first full pay period following the date that is 26 years after the uniformed service member's PEBD. (B) Agency matching contributions beginning in the first full pay period following the date that is 2 years and one day after the uniformed service member's PEBD and ending in the first full pay period following the date that is 26 years after the uniformed service member's PEBD. (ii) A uniformed service member who elects to enroll in BRS is entitled to: (A) Agency automatic (1%) contributions beginning in the first full pay period following the date the uniformed service member enrolled in BRS and ending in the first full pay period

official document · source cfr-2024 · id 5:§ 1600.19