Lump-sum payments and refunds.

  1. Law
  2. CFR 5
  3. Administrative Personnel
  4. Office of Personnel Management
  5. Civil Service Regulations
  6. Elections of Retirement Coverage by Current and Former Employees of Nonappropriated Fund Instrumentalities
  7. Computation of Benefits Under the Retroactive Provisions
  8. Lump-sum payments and refunds.

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§ 847.702 Lump-sum payments and refunds.

(a) Employee contributions with interest which are transferred to the Fund under subpart E of this part are included in any lump-sum credit or unexpended balance payable to the employee or the employee's survivors under subpart T of part 831 of this chapter or under part 843 of this chapter.

(b) Government contributions which are transferred to the Fund under subpart E of this part are not included in any lump-sum credit or unexpended balance and are not payable to the employee or the employee's survivors.


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