{"data":{"id":"us/5-cfr-847.423","jurisdiction":"us","citation":"5 CFR 847.423","heading":"Credit for refunded FERS service.","body":"(a) An employee or survivor who elects FERS coverage with credit for NAFI service under § 847.421 will receive credit in the FERS annuity for the service represented by any refund of the unexpended balance under § 843.202 of this chapter.\n(b) The amount of the refund, increased by interest as computed under § 842.305(e) of this chapter, will be added to the deficiency computed under § 847.604 and collected in accordance with the provisions of § 847.609 (pertaining to a monthly reduction in the annuity benefit).","path":["Title 5—Administrative Personnel","CHAPTER I—OFFICE OF PERSONNEL MANAGEMENT","SUBCHAPTER B—CIVIL SERVICE REGULATIONS","PART 847—ELECTIONS OF RETIREMENT COVERAGE BY CURRENT AND FORMER EMPLOYEES OF NONAPPROPRIATED FUND INSTRUMENTALITIES","Subpart D—Elections of Coverage Under the Retroactive Provisions"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-5.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:23:53Z","sha256":"0c6b86d8e15193da01c5bc01d7601f0849e2ff35a4ae7ff14ddafec1adbe210e","source_id":"us-cfr","stale":true,"prev":"us/5-cfr-847.422","next":"us/5-cfr-847.431"},"notice":"GroundRules: Original legal text. Not legal advice."}