Reduction in annuity due to deficiency.

CFR · 2024-01-01 · US · Title 5

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.

official document · source cfr-2024 · id 5:§ 847.608