StacksVerified U.S. regulatory reference

5 CFR §848.703

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov
If an individual performs phased employment, the lump-sum credit as defined in 5 U.S.C. 8401(19) will be reduced by any annuity that is paid or accrued during phased employment.