Deposits for second-level supervisory air traffic controller service performed before February 10, 2004.

CFR · 2024-01-01 · US · Title 5

(a)(1) (2) (i) Dies during the period beginning February 10, 2004, and ending November 28, 2006, without submitting an application under this section; or (ii) Dies after submitting an application to make a deposit under this section within the time limit set out in paragraph (c) of this section without completing a deposit. (b) (c) (d)(1) (2) The amount of deposit under this section shall be an amount equal to the amount by which the deductions from pay which would have been required under 5 U.S.C. chapter 84, subchapter II, if at the time the service was performed the service had been air traffic controller service exceeds the unrefunded deductions or deposits actually made under 5 U.S.C. chapter 84, subchapter II, with respect to such service, plus interest. (e)(1) (2) The computation of interest is on the basis of 30 days to the month. Interest is computed for the actual calendar time involved in each case. (f) (g)(1) (2) The agency shall establish a deposit account showing the total amount due and a payment schedule (unless deposit is made in one lump sum) to record the date and amount of each payment. (3) If an eligible individual cannot make payment in one lump sum, the agency shall accept installment payments (by allotments or otherwise). The agency, however, is not required to accept individual checks in amounts less than $50. (4) Payments received by the agency shall be remitted to OPM immediately for deposit to the Civil Service Retirement and Disability Fund. (5) O

official document · source cfr-2024 · id 5:§ 842.811