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OPM | RIN: 3206-AO55 | Publication ID: Spring 2023 |
Title: ●Federal Employees' Retirement System; Present Value Conversion Factors for Spouses of Deceased Separated Employees | |
Abstract:
The Office of Personnel Management (OPM) is issuing an NPRM, on an annual basis, to revise the table of reduction factors for early commencing dates of survivor annuities for spouses of separated employees who die before the date on which they would be eligible for unreduced deferred annuities, and to revise the annuity factor for spouses of deceased employees who die in service when those spouses elect to receive the basic employee death benefit in 36 installments under the Federal Employees’ Retirement System (FERS) Act of 1986. These rules are necessary to conform the tables to the economic and demographic assumptions adopted by the Board of Actuaries and published in the Federal Register. |
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Agency: Office of Personnel Management(OPM) | Priority: Other Significant |
RIN Status: First time published in the Unified Agenda | Agenda Stage of Rulemaking: Proposed Rule Stage |
Major: No | Unfunded Mandates: No |
CFR Citation: 5 CFR 843 | |
Legal Authority: Federal Employees' Retirement System (FERS) Act of 1986 |
Legal Deadline:
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Timetable:
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Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
Small Entities Affected: No | Federalism: No |
Included in the Regulatory Plan: No | |
RIN Data Printed in the FR: No | |
Agency Contact: Karla Yeakle Retirement Services Office of Personnel Management 1900 E Street NW, Washington, DC 20415 Phone:202 606-0299 Fax:202 606-0990 Email: karla.yeakle@opm.gov |