5 C.F.R. § 847.413 Effective date of an election.
Title 5 - Administrative Personnel
(a) An election under §847.411 is effective on the first day of NAFI employment subject to retirement coverage following CSRS- or FERS-covered employment. (b) Deductions and contributions for CSRS or FERS coverage under §831.111 or §841.501 of this chapter begin effective on the first day of the next pay period after the agency receives the employee's election under §847.411(a). (c) An election under §847.411 is irrevocable when received by the employing agency. (d) NAFI service performed on and after the effective date of an election under §847.411 becomes fully creditable for retirement eligibility and computation of the annuity benefit, including computation of average pay.
Title 5: Administrative Personnel
PART 847—ELECTIONS OF RETIREMENT COVERAGE BY CURRENT AND FORMER EMPLOYEES OF NONAPPROPRIATED FUND INSTRUMENTALITIES
Subpart C—Procedures for Elections Under the Retroactive Provisions
Elections of CSRS or FERS Coverage Based on a Move From CSRS or FERS to NAFI
§ 847.413 Effective date of an election.
