§ 847.601 Purpose and scope

5 CFR 847.601(a)(a) The purpose of this subpart is to establish the methodology that OPM will use to determine—

5 CFR 847.601(a)(1)(1) The cost of an employee's election under § 847.411 or § 847.421; and

5 CFR 847.601(a)(2)(2) The amount by which annuity payments may be affected as a result of the election.

5 CFR 847.601(b)(b) This subpart applies only to CSRS and FERS benefits. The Departments of Defense, and the U.S. Coast Guard will issue regulations providing methodologies for NAFI's under their jurisdictions.