5 C.F.R. § 847.433   Exclusion from FERS for future service.


Title 5 - Administrative Personnel


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 To Remain in NAFI Coverage With Credit for FERS Service Based on a Move From FERS to NAFI

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§ 847.433   Exclusion from FERS for future service.

(a) An employee who elects NAFI retirement system coverage with credit for FERS service under §847.431(a) is excluded from coverage under FERS during that and all subsequent periods of employment, including any periods of service as a reemployed annuitant.

(b) FERS service which becomes creditable in a NAFI retirement benefit based on an election under §847.431 is not creditable for any purpose under FERS.

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