5 CFR 1600.13 - Timing of agency contributions.

Code of Federal Regulations - Title 5: Administrative Personnel (December 2005)


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TITLE 5 - ADMINISTRATIVE PERSONNEL

CHAPTER VI - FEDERAL RETIREMENT THRIFT INVESTMENT BOARD

SUBCHAPTER C - JOINT REGULATIONS WITH THE OFFICE OF PERSONNEL MANAGEMENT

PART 1600 - EMPLOYEE CONTRIBUTION ELECTIONS AND CONTRIBUTION ALLOCATIONS

subpart b - ELECTIONS

1600.13 - Timing of agency contributions.

  (a) Employees not previously eligible to receive agency contributions.

An employee appointed or reappointed to a position covered by FERS who had not been previously eligible to receive agency contributions is eligible to receive agency contributions under the following rules: (1) If the effective date of the appointment is any day during the period June 1 through November 30, the agency contributions must begin the first full pay period of the following June; and (2) If the effective date of the appointment is any day during the period December 1 through May 31, the agency contributions must begin the first full pay period of the following December.

  (b) Employees previously eligible to receive agency contributions. An employee reappointed to a position covered by FERS who was previously eligible to receive agency contributions is immediately eligible to receive agency contributions.

[70 FR 32207, June 1, 2005]

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