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| OPM | RIN: 3206-AN74 | Publication ID: Fall 2023 |
| Title: Federal Employees' Retirement System Annuity Supplement | |
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Abstract:
The Office of Personnel Management (OPM) is proposing to amend 5 CFR sections 842.504 and 843.308 to comply with the statutory language requiring a specific calculation for the earnings ratio when a full year of service subject to the Federal Employees Retirement System (FERS) was not performed. This rule will clarify that OPM calculates a new earnings ratio after each break in FERS civilian service. The rule also will clarify that the same calculation applies to the supplementary annuity paid to survivors of deceased retirees. |
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| Agency: Office of Personnel Management(OPM) | Priority: Substantive, Nonsignificant |
| RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Proposed Rule Stage |
| Major: No | Unfunded Mandates: No |
| CFR Citation: 5 CFR 842 and 843 | |
| Legal Authority: 5 U.S.C. 8421 5 U.S.C. 8442 | |
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Legal Deadline:
None |
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Timetable:
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| Regulatory Flexibility Analysis Required: No | Government Levels Affected: Federal |
| Small Entities Affected: No | Federalism: No |
| Included in the Regulatory Plan: No | |
| RIN Data Printed in the FR: No | |
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Agency Contact: Jane Bancroft Retirement Services Office of Personnel Management 1900 E Street NW, Washington, DC 20415 Phone:202 606-0299 Email: jane.bancroft@opm.gov |
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