1. LawStack
  2. Title 5 - Administrative Personnel
  3. Chapter I - OFFICE OF PERSONNEL MANAGEMENT
  4. Subchapter B - CIVIL SERVICE REGULATIONS
  5. Part 839 - CORRECTION OF RETIREMENT COVERAGE ERRORS UNDER THE FEDERAL ERRONEOUS RETIREMENT COVERAGE CORRECTIONS ACT
  6. Subpart K - Effect of Election
  7. Topic - Retirees and Survivors
  8. 5 CFR § 839.1116
5 CFR § 839.1116
If, because of the change in my retirement coverage, I will owe larger deposits for military and civilian service credit, will I have to pay the additional deposit due or will OPM actuarially reduce my annuity?
November 4, 2020
CFR

You can choose to pay the additional deposit amount. If you choose not to pay the deposit, OPM will actuarially reduce your annuity, as explained in 831.303(d) of this chapter.

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§ 839.1115 What is an actuarial reduction?
Next
§ 839.1117 If I elect to change my retirement coverage under the FERCCA, can I get a refund of the service credit deposit I made and receive the actuarial reduction instead?

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