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§ 841.417 Reconsideration of the supplemental liability

Regulation

5 CFR 841.417

Text

5 passages

5 CFR 841.417(a)(a) The Board cannot sustain a request for reconsideration unless the Board finds that—
5 CFR 841.417(a)(1)(1) The data used in the actuarial report required by § 841.416 are sufficient and reliable;
5 CFR 841.417(a)(2)(2) The assumptions used in the actuarial report required by § 841.416 are justified; and
5 CFR 841.417(a)(3)(3) The difference in the supplemental liability amount is at least 2 percent of the present value of future benefits calculated in OPM's computation of the supplemental liability.
5 CFR 841.417(b)(b) If the Board sustains a request for reconsideration of the supplemental liability, OPM will recompute the supplemental liability according to the economic and demographic assumptions recommended by the Board.