§ 831.2106 Processing applications for deposit for service

5 CFR 831.2106(a)(a) The agency, Clerk of the House of Representatives, or Secretary of the Senate shall have the employee or Member:

5 CFR 831.2106(a)(1)(1) Complete an application to make deposit;

5 CFR 831.2106(a)(2)(2) Provide a copy of his or her DD 214 or its equivalent to verify the period(s) of service; and

5 CFR 831.2106(a)(3)(3) Provide sufficient evidence of basic pay, if available, or a statement of estimated earnings.

5 CFR 831.2106(b)(b) Upon receipt of the application, the DD 214(s), and either sufficient evidence of basic pay, if available, or a statement of estimated earnings, the agency, Clerk of the House of Representatives, or Secretary of the Senate shall multiply the amount of basic pay by 7 percent to compute the exact deposit owed, exclusive of any interest.

5 CFR 831.2106(c)(c) If interest is applicable, it shall be computed in accordance with instructions published by OPM.

5 CFR 831.2106(d)(d) The agency, Clerk of the House of Representatives, or Secretary of the Senate shall establish a deposit account showing the total amount due, and a payment schedule (unless deposit is made in a lump sum), and record the date and amount of each payment.

5 CFR 831.2106(e)(e) An individual who is eligible to make deposit to OPM shall submit an application to make deposit, accompanied by a copy of his or her DD 214(s) or its (their) equivalent(s), as well as sufficient evidence of basic pay, if available, or a statement of estimated earnings, to OPM.