Redetermined annuity.

CFR · 2024-01-01 · US · Title 5

(a) (i) The annuitant performed— (A) At least 5 years of actual, continuous, full-time service; (B) Actual, continuous part-time service equivalent to 5 years of actual full-time service, or; (C) A combination of part-time and full-time actual, continuous service that is equivalent to 5 years of actual full-time service. (ii)(A) The annuity was not terminated or suspended during reemployment; and (B) The pay during reemployment was subject to offset by the amount of annuity allocable to the period of reemployment; (C) The reemployed annuitant separated from an interim appointment made under the provisions of § 772.102 of this chapter. (iii) Retirement deductions are withheld, or a deposit is paid, for the entire period of continuous reemployment service immediately preceding the most recent separation from reemployment service; and (iv) The reemployed annuitant elects the redetermined annuity in lieu of his or her prior annuity and the supplemental annuity that would be payable under § 837.503 of this subpart. (2) An employee whose annuity was terminated under the provisions of § 837.202(b)(1)(iii) of this part, and who has not elected FERS coverage, is entitled to a redetermined annuity on separation. (b) (2) The amount of the redetermined annuity of an individual whose previous annuity was terminated under the provisions of § 837.202(b)(1)(iii) of this part will at least equal the amount of the terminated annuity plus any increases under section 8340 of title 5, United Stat

official document · source cfr-2024 · id 5:§ 837.504