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§ 847.431 Election requirements

Regulation

5 CFR 847.431

Text

5 passages

5 CFR 847.431(a)(1)(i)(a)(1)(i) A NAFI employee who completed a qualifying move from FERS under § 847.402(a) may, instead of the election provided by § 847.411 (pertaining to elections of CSRS and FERS coverage), elect to remain subject to the current NAFI retirement system for all subsequent periods of service.
5 CFR 847.431(a)(1)(ii)(ii) Prior service under FERS becomes credible under the NAFI retirement system rules.
5 CFR 847.431(a)(2)(2) An NAFI employee who has had a previous opportunity to elect retirement coverage under § 847.202(e) or (f) is not excluded from making this election.
5 CFR 847.431(b)(b) A survivor may make an election under paragraph (a) of this section if the employee was otherwise eligible, but died before expiration of the time limit under § 847.304.
5 CFR 847.431(c)(c) An election under this section is irrevocable when received by the employing agency.