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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.

 
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:
Action Source Description Date
NPRM  Statutory  Federal Employees' Retirement System (FERS) Act of 1986  10/01/2023 
Timetable:
Action Date FR Cite
NPRM  07/00/2023 
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