5 C.F.R. § 847.903 How is the monthly reduction to the retirement annuity computed?
Title 5 - Administrative Personnel
(a) The reduction equals: (1) The difference in the present value of the immediate annuity with credit for NAFI service and the deferred annuity without credit for NAFI service, divided by (2) The present value factor for the retiree's attained age (in full years) at the time of retirement. (b) The reduction computed in paragraph (a) of this section is rounded to the next higher dollar.
Title 5: Administrative Personnel
PART 847—ELECTIONS OF RETIREMENT COVERAGE BY CURRENT AND FORMER EMPLOYEES OF NONAPPROPRIATED FUND INSTRUMENTALITIES
Subpart I—Computing the Retirement Annuity for Employees Who Elect To Use NAFI Service To Qualify for an Immediate CSRS or FERS Retirement
§ 847.903 How is the monthly reduction to the retirement annuity computed?