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§848.703. Lump-sum credit.

5 C.F.R. § 848.703

If an individual performs phased employment, the lump-sum credit as defined in 5 U.S.C. 8401(19) will be reduced by any annuity that is paid or accrued during phased employment.
Notes, amendments, and revision history

Authority

Authority: 5 U.S.C. 8461; 5 U.S.C. 8412a.

Source

Source: 79 FR 46632, Aug. 8, 2014, unless otherwise noted.