5 C.F.R. § 847.442   Effective date.


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 of NAFI Coverage Based on a Move From NAFI to FERS

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§ 847.442   Effective date.

(a) An election under §847.441 is effective on the first day of FERS-covered employment following NAFI employment subject to retirement coverage.

(b) Deductions and contributions for NAFI retirement system coverage begin effective on the first day of the next pay period after the agency receives the employee's election under §847.441(a).

(c) An election under §847.441 is irrevocable when received by the employing agency.

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