CSRS Service Credit Payments for Post-1956 Military ... · PDF fileCSRS Service Credit Payments for Post-1956 Military Service FERS i Chapter 23 CSRS and FERS Handbook April 1998 Table

CSRS Service Credit Payments for Post-1956 Military Service FERS iChapter 23

CSRS and FERS Handbook April 1998

Table of Contents

Subchapter 23A CSRS

Part 23A1 General Information

Section 23A1.1-1 Overview . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1A. Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1B. Topics Covered . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1C. Organization of Subchapter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2D. Statement of Authority . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2

Section 23A1.1-2 Background . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3A. "Catch 62" . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3B. Military Deposit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3C. Where Deposit Is Made . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3

Section 23A1.1-3 Definitions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4A. Basic Pay . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4B. Estimated Earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4C. First Employed . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4D. Interest Accrual Date (IAD) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4E. Period of Service . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4F. Service . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4G. Sufficient Evidence . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4

Section 23A1.1-4 Who Can Make a Military Service Deposit . . . . . . . . . . . . . . . . . 5A. General Rule: Current Employees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5B. Special Rule: Certain Former Employees . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5C. Survivor . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5

Section 23A1.1-5 Refund of Deposit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6A. Refund Before Retirement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6B. Refund of Deposit Upon Application for Retirement . . . . . . . . . . . . . . . . . . . . . . 6C. When a Military Service Credit Deposit May Be Repaid . . . . . . . . . . . . . . . . . . . 7

ii CSRS Service Credit Payments for Post-1956 Military Service FERS Chapter 23

April 1998 CSRS and FERS Handbook

Part 23A2 Employee Procedures and Responsibilities

Section 23A2.1-1 Applying for Deposit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8A. Contact the Agency for Information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8B. Complete SF 2803 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8C. Attach Form DD 214 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8D. Document Basic Military Pay . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9

Section 23A2.1-2 Documenting Basic Pay . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10A. General Rule . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10B. Acceptable Documentation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10C. Unacceptable Documentation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11D. When to Document Basic Pay . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11

Section 23A2.1-3 Paying the Deposit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12A. General Rule . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12B. Procedure . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12

Section 23A2.1-4 Reestablishing the Account After a Transfer . . . . . . . . . . . . . . . . 13A. When an Employee Transfers to Another Agency Before Completing the

Military Deposit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13

Part 23A3 Employing Office Procedures

Section 23A3.1-1 Accepting the Employee's SF 2803 . . . . . . . . . . . . . . . . . . . . . . 14A. Initial Procedures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14B. Upon Completion of the Deposit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14C. Upon Application for Retirement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15

Section 23A3.1-2 Computing the Amount of Creditable Military Service . . . . . . . . . 17A. Amount of Creditable Military Service . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17

Section 23A3.1-3 Determining the Amount of Basic Pay . . . . . . . . . . . . . . . . . . . . 18A. Determination of Basic Pay . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18

Section 23A3.1-4 Computing the Deposit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19A. General . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19B. Deposit Formula . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19C. Adding Interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20

CSRS Service Credit Payments for Post-1956 Military Service FERS iiiChapter 23


Section 23A3.1-5 Computing the Interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21A. General Rules . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21B. Interest Accrual Date (IAD) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22C. Accruing and Compounding Interest Annually . . . . . . . . . . . . . . . . . . . . . . . . . . 23D. Interest Rates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23E. Composite Interest Rate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24F. Computation of Composite Interest Rate for Employees First Employed Under CSRS

Prior to October 1, 1983 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24G. Computation of Composite Interest Rate for Employees First Employed Under CSRS

On or After October 1, 1983 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25H. Adding Interest When No Payments Have Been Made . . . . . . . . . . . . . . . . . . . . . 27I. Adding Interest When Partial Payments Have Been Made . . . . . . . . . . . . . . . . . . 27J. Timely Remittance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28K. Agency Payment of Interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28

Section 23A3.1-6 Establishing the Deposit Account . . . . . . . . . . . . . . . . . . . . . . . 30A. Establishing the Deposit Account . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30

Section 23A3.1-7 Preparing SF 2806 for Military Service Credit Deposit . . . . . . . . . 31A. Preparing SF 2806 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31

Section 23A3.1-8 Inactive Accounts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32A. Before Removing Accounts from Active Files . . . . . . . . . . . . . . . . . . . . . . . . . . 32B. After Removing Accounts from Active Files . . . . . . . . . . . . . . . . . . . . . . . . . . . 32C. Death Before Deposit Is Completed . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32

Section 23A3.1-9 Closing Out SF 2806 for Military Service Credit Deposit . . . . . . . 33A. Completed Payments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33B. Incomplete Payments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34

Section 23A3.1-10 Remitting Deposit to OPM . . . . . . . . . . . . . . . . . . . . . . . . . . . 35A. General . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35B. Procedures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35

iv CSRS Service Credit Payments for Post-1956 Military Service FERS Chapter 23


Subchapter 23B FERS

Part 23B1 General Information

Section 23B1.1-1 Overview . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37A. Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37B. Organization of Subchapter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37C. Statement of Authority . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37

Section 23B1.1-2 Applicable CSRS Provisions . . . . . . . . . . . . . . . . . . . . . . . . . . . 38A. Applicable CSRS Provisions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 38B. Exceptions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 39

Section 23B1.1-3 Background . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40A. Military Deposit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40B. Where Deposit Is Made . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40

Section 23B1.1-4 Service Subject to FERS Military Service Deposit Rules . . . . . . . . 41A. Service Subject to FERS Military Service Deposit Rules . . . . . . . . . . . . . . . . . . . 41

Section 23B1.1-5 Who Can Make a Military Service Deposit . . . . . . . . . . . . . . . . . 43A. General Rule: Current Employees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 43B. Employee Who Elects a Postponed Annuity . . . . . . . . . . . . . . . . . . . . . . . . . . . 43C. Survivor of a Former Employee Eligible for a Deferred Annuity . . . . . . . . . . . . . . 43

Section 23B1.1-6 Refund of Deposit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 44A. Refund Before Retirement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 44B. Refund Upon Application for Retirement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 44C. Refunded Military Service Credit Deposit Cannot Be Repaid . . . . . . . . . . . . . . . . 44

Part 23B2 Employee Procedures and Responsibilities

Section 23B2.1-1 Applying for Deposit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 45A. Applying for Deposit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 45B. Complete SF 3108 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 45

CSRS Service Credit Payments for Post-1956 Military Service FERS vChapter 23


Part 23B3 Employing Office Procedures

Section 23B3.1-1 Computing the Deposit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 46A. General . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 46B. Deposit Formula . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 46C. Employees Who Transfer to FERS While on Military Furlough . . . . . . . . . . . . . . 46

Section 23B3.1-2 Computing the Interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 47A. General Rules . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 47B. Interest Rates and Posting Dates for Employees First Employed Prior to

January 1, 1987 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 47C. Computation of Composite Interest Rates for Employees First Employed On or After

January 1, 1987 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 48D. Timely Remittance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 48

Subchapter 23C Job Aids

Section 23C1.1-1 Sample Forms . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 49SF 2803, Application to Make Deposit or Redeposit (for pre-October 1, 1982,

CSRS employees) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 51SF 2803, Application to Make Deposit or Redeposit (for post-September 30, 1982,

CSRS employees) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 52SF 2801-1, Certified Summary of Federal Service . . . . . . . . . . . . . . . . . . . . . . . . . . 53SF 2806, Individual Retirement Record . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 54Forms Used to Document Actual Military Earnings . . . . . . . . . . . . . . . . . . . . . . . . . 55SF 3107-1, Certified Summary of Federal Service . . . . . . . . . . . . . . . . . . . . . . . . . . 56SF 3100, Individual Retirement Record . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 57SF 3108, Application to Make Service Credit Payment for Civilian Service . . . . . . . . . . 58

Section 23C1.1-2 Forms for Local Reproduction . . . . . . . . . . . . . . . . . . . . . . . . . 59RI 20-97, Estimated Earnings During Military Service . . . . . . . . . . . . . . . . . . . . . . . 60OPM Form 1514, Military Deposit Worksheet . . . . . . . . . . . . . . . . . . . . . . . . . . . . 61OPM Form 1515, Military Service Deposit Election . . . . . . . . . . . . . . . . . . . . . . . . 63

Section 23C1.1-3 Sample Employee Letter. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 65Section 23C1.1-4 Composite Interest Rate Tables . . . . . . . . . . . . . . . . . . . . . . . . 67

Subchapter 23A CSRSPart 23A1 General Information

Section 23A1.1-1 Overview

A. Introduction This subchapter covers deposits for creditable post-1956 military serviceunder the Civil Service Retirement System (CSRS).

NOTE: The information in this chapter has not been updated to reflect thepassage of Public Law 103-353, the Uniformed ServicesEmployment and Reemployment Rights Act of 1994 (USERRA),approved October 13, 1994. This legislation makes certain typesof National Guard service creditable that had not previously beencreditable and alters the method for computing military servicecredit deposits in limited circumstances. OPM will be publishingregulations on how this legislation affects CSRS and FERSemployees. Until regulations are published, information on thoseaspects of the law that are reasonably clear is published in BenefitsAdministration Letter 95-101 dated January 27, 1995. You candownload the letter from OPM ONLINE the computer bulletinboard, by following the instructions in Chapter 1, Administrationand General Provisions.

B. Topics Covered This subchapter covers:

• CSRS eligibility requirements and refund procedures;

• How to apply to make a military service deposit;

• How to compute the deposit and the interest, if any; and

• The procedures the employing office must follow to accept and postdeposits and remit them to OPM.

2 CSRS Service Credit Payments for Post-1956 Military ServiceChapter 23


C. Organization ofSubchapter

The CSRS subchapter has three parts.

Part Name of Part Page

23A1 General Information 1

23A2 Employee Procedures andResponsibilities

8

23A3 Employing Office Procedures 14

NOTE 1: Subchapter 23B about service credit payments for post-1956military service under FERS begins on page 34.

NOTE 2: Subchapter 23C contains charts, sample forms and localreproduction forms to compute and post military service creditdeposits.

D. Statement ofAuthority

This subchapter is based on the laws and regulations cited below.

• United States Code: 5 U.S.C. 8334(j)

• Code of Federal Regulations: 5 CFR 831.2101-2107

CSRS Service Credit Payments for Post-1956 Military Service 3Chapter 23


Section 23A1.1-2 Background

A. "Catch 62" Before September 8, 1982, Civil Service annuitants who were eligible forSocial Security at age 62 could not receive credit for military serviceperformed after 1956 even if it had previously been credited in thecomputation of their annuity benefits. When an annuitant retired before age62 and post-1956 military service was included in the annuity computation,it had to be deleted at the end of the month before his or her 62nd birthday,if he or she was eligible for Social Security at that time. The rule wascommonly referred to as "catch 62" since it affected retirees at age 62.

B. Military Deposit The CSRS law was changed in 1982 with respect to the crediting of militaryservice for annuity computation purposes.

The law now provides that any individual first employed in a positionsubject to CSRS on or after October 1, 1982, receives credit for title andannuity computation purposes for post-1956 military service only if he orshe deposits with the employing agency a sum equal to 7 percent of themilitary basic pay he or she earned during the period of military service,plus interest.

Individuals who were first employed under CSRS before October 1, 1982,can receive, under certain circumstances, credit for post-1956 militaryservice without making the deposit, potentially undergoing an annuityreduction for the post-1956 military service at age 62, or making thedeposit and avoiding a possible reduction.

NOTE: See Chapter 22, Creditable Military Service, Part 22A4 foradditional information on the crediting of post-1956 militaryservice.

C. Where DepositIs Made

Except as noted in section 23A1.1-4, all military deposits must be made tothe employing agency.



Section 23A1.1-3 Definitions

A. Basic Pay The total earnings received based on the grade (for example, E-5) of themilitary member when the service was performed. Basic pay does notinclude increases such as allowances, flight pay, combat pay, etc.

B. EstimatedEarnings

An estimate of basic pay earned during a period of military service, asdetermined by an authorized official of the Department of Defense forservice with the Army, Navy, Air Force, and Marine Corps, theDepartment of Transportation for service with the Coast Guard, theDepartment of Commerce for service with the National Oceanic andAtmospheric Administration, the Department of Health and HumanServices for service with the Public Health Service; or by an authorizedofficial of the person's employing agency when sufficient evidence of basicpay is provided.

C. First Employed The date of employee's initial appointment to a position subject to CSRS,CSRS Offset, or FERS retirement deductions.

D. Interest AccrualDate (IAD)

The date each year when interest is charged to the employee's account. (See23A3.1-5, paragraph B, and 23B2.1-2, paragraph A, for details.)

E. Period of Service The total years, months, and days from date of initial entry on active duty(or January 1, 1957, if that is later) to date of final discharge for enlistedmilitary personnel, and to date of final release from active duty for officersand reservists.

For military retired pay recipients, a period of service may also be the totalyears, months, and days of military service not used in the computation ofmilitary retired pay, or for retired officers, enlisted service performed as acadet or midshipman. (See Chapter 22 for more information.)

A period of service includes consecutive periods of service where there isno break in service, but does not include any lost time. For military servicepurposes, even a 1-day break separates service into two periods.

F. Service Active honorable military service performed after December 31, 1956.G. Sufficient

EvidenceSufficient evidence of basic pay exists when an employee (or survivor of adeceased employee) provides copies of all official military pay documentsthat show the exact basic pay he or she earned for a full period of service.



Section 23A1.1-4 Who Can Make a Military Service Deposit

A. General Rule: CurrentEmployees

The following current employees may make a military service creditdeposit.

1. An employee subject to CSRS (including CSRS Offset) may make adeposit to his or her employing agency for any full period of militaryservice prior to separation from service.

2. If the employee delays making the military deposit until he or sheseparates for retirement, the deposit must be made, in full, to theemploying agency before OPM completes adjudication of the annuity. The agency should inform the employee that final adjudication of hisor her annuity will be delayed.

3. Except as noted in paragraph A2 above, under current rules, aseparated employee may not make a military service deposit.

B. Special Rule: Certain FormerEmployees

A former employee who separated after September 8, 1982, and beforeOctober 1, 1983, with title to a deferred annuity, may make a militaryservice deposit at the time he or she applies for the deferred annuity. Thedeposit must be made in a lump sum directly to OPM and may be made atany time prior to final adjudication of the application for deferred annuity.

Exception: If the employee is reemployed after October 1, 1983, and thereemployment results in a new annuity right, the rules forcurrent employees apply.

C. Survivor A survivor of a deceased employee may make a military service deposit. Unlike employees, survivors may only pay the deposit in a lump sum. Forthe most part, the procedures for obtaining the basic pay, computing thedeposit and processing the payment are the same for survivors. Specificinformation about the effect of the military deposit on the survivor annuitycomputation and the special rules for military retired pay recipients who diein service are discussed in Chapter 70, Spouse Benefits - Death of anEmployee.



Section 23A1.1-5 Refund of Deposit

A. Refund BeforeRetirement

Any money paid as a military deposit is refunded to a separated employeewho applies for and is entitled to a refund of all retirement deductions. (SeeChapter 32, Refunds, for additional details.)

B. Refund ofDeposit UponApplication forRetirement

The following rules apply to refunds of deposits upon application forretirement.

1. Completed Deposits.Except as provided in rules 2, 3, and 4 below, a completed depositmay not be returned to an employee who is entitled to annuity benefitsat the time of application.

2. Alternative Annuity Elections.If a retiring employee is eligible for and elects the alternative annuityupon retirement, he or she will receive a lump-sum payment equal tohis or her total contributions to the retirement fund, including anymilitary service deposits. The military deposit cannot be deemed paidat retirement when the employee elects the alternative annuity. Theamount of the deposit must be paid to the employing agency prior tothe employee's separation. (See Chapter 53, Alternative AnnuityElections, for additional details.)

3. Military Retirees.Employees who receive military retired pay and choose not to waiveit will receive a refund of all money paid toward a military deposit atretirement. A retiring employee who receives a refund of his or herdeposit because of a decision not to waive military retired pay maynot redeposit that money at a later date, unless he or she isreemployed and acquires a new annuity right. (See section 23A1.1-4,paragraph B.)

4. Service not creditable.A completed deposit is automatically refunded by OPM if the servicecovered by the deposit is not creditable for retirement purposes (forexample, the employee was dishonorably discharged).

Note: When counseling CSRS disability retirees eligible for theminimum basic annuity benefit, agencies should prepare acomputation of the employee's benefit with and without themilitary service to see if it will affect the annuity. If theemployee has not paid the military deposit, he or she maydecide not to pay if it would not increase the annuity. However, if the employee has paid the military deposit, the



Section 23A1.1-5 Refund of Deposit (Cont.)

B. Refund ofDeposit UponApplication forRetirement(Cont.)

employee does not qualify for a refund. The fact that themilitary service does not increase the amount of the employee'sbenefit does not make the service "not creditable" for thepurpose of paying a refund of the military deposit.

5. Incomplete Deposits.OPM automatically refunds an incomplete deposit for a period ofmilitary service to a separated employee when it adjudicates his or herapplication for retirement benefits, unless the incomplete deposit willpay for one or more full periods of military service.

If the employee has more than one period of military service and theincomplete deposit will cover all of the deposit for at least one of theperiods, OPM will refund only the part of the deposit in excess of theamount needed to cover one or more full periods of military service.

Example:

Period of DepositService Owed

3-15-60 to 9-12-62 $350.004-2-65 to 6-28-66 250.00Total $600.00

Deposit made by employee = $500.00

Since the deposit made by the employee is sufficient to pay for theperiod of service from 3-15-60 to 9-12-62, the employee receives arefund of $150.00.

NOTE: This example does not consider any interest that may haveaccrued on the unpaid deposit amount.

C. When a MilitaryService CreditDeposit May BeRepaid

If a CSRS employee separates from Federal service and receives a refund ofhis or her military service deposit made to the Fund and is reemployedunder CSRS, he or she may repay the military service credit deposit. Interest begins to accrue on the unpaid balance the date the refund was paid.



Part 23A2 Employee Procedures and Responsibilities

Section 23A2.1-1 Applying for Deposit

A. Contact theAgency forInformation

An employee with post-1956 military service must contact the appropriateemploying agency personnel for information about the effect of militaryservice deposit requirements.

B. CompleteSF 2803

If the employee determines that it will be beneficial to pay the deposit, heor she must obtain SF 2803, Application to Make Deposit or Redeposit,from the employing agency. (See subchapter 23C for a sample copy of thisform.)

For CSRS employees first employed prior to October 1, 1982, the spacebelow that in which the employee enters the military service to be coveredby a deposit must contain the following statement to be entered by theemploying agency.

"I wish to pay the deposit necessary to obtain credit for my military serviceafter 1956. I understand that the entire deposit must be paid to my agencybefore separation for retirement and that if I do not complete the deposit atthat time, the post-1956 military service will not be used to compute myannuity after age 62, if I am eligible for Social Security benefits at thattime. Any incomplete deposit that will not pay for one or more full periodsof military service will be refunded. Otherwise, my deposit is refundableonly if I become eligible for a refund of civil service retirementcontributions, or retire without waiving my military retired pay (if any).

"I further understand that the military deposit cannot be deemed paid atretirement if I am eligible for and elect an alternative annuity. If I do electthe alternative annuity upon retirement, any completed military deposits thatI have made to the Fund will be refunded to me along with any otherretirement contributions or payments I made to the Fund."

For CSRS employees first employed after October 1, 1982, the statementshould be modified as follows.

"I wish to pay the deposit necessary to obtain credit for my military serviceafter 1956. I understand that the entire deposit must be paid to my agencybefore separation for retirement and that if I do not complete the deposit atthat time, the post-1956 military service will not be used to compute orestablish title to a CSRS annuity. Any incomplete . . . ."



Section 23A2.1-1 Applying for Deposit (Cont.)

C. AttachDD Form 214

The employee must complete only the front of SF 2803 and return it to theappropriate employing agency official along with a copy of his or herDD Form 214, Report of Transfer or Discharge, or equivalent record toverify the service.

If copies of the DD Form 214(s) are not available, the employee may obtaina copy from the military records center by submitting SF 180, RequestPertaining to Military Records, to the appropriate address. The addressesare listed on the back of the form.

NOTE: See The Guide to Processing Personnel Actions (formerly FPMSupplement 296-33) for additional information on SF 180.

D. Document BasicMilitary Pay

The employee must also provide documentation of military basic pay to theemploying agency. (See section 23A2.1-2 for more information.)



Section 23A2.1-2 Documenting Basic Pay

A. General Rule The employee is responsible for providing documentation of basic payearned.

B. AcceptableDocumentation

1. Basic pay earnings may be documented by either of the followingmethods.

• Actual pay records from the military service. Subchapter 23Ccontains a list of acceptable pay records used to document actualmilitary earnings.

NOTE: If the employee furnishes complete records to identify theexact amount of basic military pay earned for an entireperiod of service, the agency must use them to determinethe deposit.

• Estimated earnings if the employee does not have officialrecords of military earnings for the entire period of service. The employee may use OPM Form RI 20-97, Request forEstimated Earnings during Military Service, to obtain his or herearnings from the military. Subchapter 23C contains a copy ofthis form for local reproduction.

2. Submit the Request for Estimated Earnings During MilitaryService as described below.

• The employee must complete the form and attach a copy of hisor her DD Form 214 for the period of service and any availablerecords of pay and promotions.

• Send the form to the appropriate branch of service at the addressshown on the back of the form.

IMPORTANT: The military pay center cannot provide earningsunless verification of service (DD Form 214 orequivalent) is attached.



Section 23A2.1-2 Documenting Basic Pay (Cont.)

C. UnacceptableDocumentation

The following records may not be used to document earnings.

1. Earnings statements from tax records. (These include allowances aswell as basic pay.)

2. Social Security earnings statements. (They include allowances as wellas basic pay and also reflect only military basic pay earned up to theSocial Security maximum wage base for withholding.)

D. When toDocument BasicPay

Employees should be counseled to document the basic pay earned as soonas possible upon employment with the agency.

If unplanned circumstances (for example, involuntary separation, disabilityretirement) cause the employee to need to document his or her basic payquickly before separation, the employee may request expedited service byadding a note to the RI 20-97 request form as follows: "Please expedite. Iam (retiring) (separating) on (date)."



Section 23A2.1-3 Paying the Deposit

A. General Rule The employee must make payment(s) directly to the employing agency.B. Procedure The agency must:

1. Complete OPM Form 1514, Military Deposit Worksheet (or anequivalent if the agency has automated this process); and

2. Notify the employee of instructions for paying the deposit, the amountdue and the options for making payment.

NOTE: Subchapter 23C contains a sample copy of OPMForm 1514, Military Deposit Worksheet.

The employee must:

Make payment(s) as instructed by the agency directly to the designatedauthorized agency official by personal check, money order, etc., or byallotment from pay. Payment(s) may be made --

• in a lump sum; or

• in installments.

NOTE: Normally, individual payments must be at least $50.00although the agency, at its discretion, may accept smalleramounts.



Section 23A2.1-4 Reestablishing the Account After a Transfer

A. When anEmployeeTransfers toAnother AgencyBeforeCompleting theMilitary Deposit

Upon arrival at the new organization the employee must:

1. Present a copy of OPM Form 1514, Military Deposit Worksheet(annotated to reflect any payments made) to the agency; and

2. Complete a new SF 2803, Application to Make Deposit or Redeposit,if the employee chooses to continue to make payments.

The gaining organization establishes a new account if the employee wishesto complete the deposit.

NOTE: See section 23A3.1-9 for the losing agency's responsibilities.



Part 23A3 Employing Office Procedures

Section 23A3.1-1 Accepting the Employee's SF 2803

A. InitialProcedures

The individual's employing office must:

1. Accept the completed SF 2803 and documentation of basic pay andmake certain the employee has provided all necessary information;and

2. Make two copies of the SF 2803 and distribute the original and copiesas follows:

• Send the original SF 2803 and the documentation of basic payto the agency office responsible for accepting the depositpayments;

• File one copy of the SF 2803 and the RI 20-97 or otherdocumentation of basic pay as a temporary record (on the leftside) in the employee's Official Personnel Folder (OPF) untilthe OPF copy of the closed out OPM Form 1514, MilitaryDeposit Worksheet, is received from the office responsible foraccepting the deposit payments; and

• Provide the employee with one copy of the SF 2803.

(See subchapter 23C for a sample of SF 2803.)B. Upon

Completion ofthe Deposit

If the employee completes payment of the deposit:

1. Retain the original OPM Form 1514, the RI 20-97, documentation ofbasic pay, the SF 2803 and the SF 2806, Individual RetirementRecord, for submission to OPM as explained in section 23A3.1-9;

2. File a copy of the OPM Form 1514 on the right side of theemployee's OPF and give one copy to the employee; and

3. Remove and destroy the copy of the SF 2803 that was filed on the leftside of the OPF.



Section 23A3.1-1 Accepting the Employee's SF 2803 (Cont.)

C. UponApplication forRetirement

If an employee has post-1956 military service, indicate in the remarkscolumn of section B of the SF 2801-1, Certified Summary of FederalService (see subchapter 23C for a sample copy of SF 2801-1), whether ornot the employee's OPF shows that he or she has applied to make a depositfor the service, and, if so, whether the deposit was completed.

1. If deposit has been completed:

No further action is necessary.

2. If the deposit has not been completed:

The employee must complete three copies of OPM Form 1515,Military Service Deposit Election (see subchapter 23C for a samplecopy of OPM Form 1515), indicating his or her decision whether ornot to complete the deposit. Distribute the copies as follows:

• Send the original to OPM with the retirement records;

• File one copy on the right side of the OPF; and

• Give one copy to the employee.

3. If the employee elects to make the deposit:

• Inform him or her of the necessity of prompt action to obtaindocumentation of basic pay (if that has not already been done);and

• Inform him or her that payment must be made to the agencybefore OPM completes adjudication of the annuity. Thepayment may not be made directly to OPM.

NOTE 1: If OPM is notified that the employee intends to pay, OPMbegins preliminary processing of the annuity, makesspecial payments (if appropriate), but delays finaladjudication until receipt of the 2806 showing payment ofthe deposit.



Section 23A3.1-1 Accepting the Employee's SF 2803 (Cont.)

C. UponApplication forRetirement(Cont.)

NOTE 2: The deposit may not be deemed paid as part of analternative annuity election.

• Inform the agency payroll office of the employee's election sothe retirement SF 2806 may be annotated stating that the depositwill be forwarded upon payment.

4. If the employee elects not to make or complete the deposit:

OPM Form 1515 is the written record of the employee's election.



Section 23A3.1-2 Computing the Amount of Creditable Military Service

A. Amount ofCreditableMilitary Service

Compute the amount of military service to be credited to the individual asfollows.

1. Determine the beginning and ending dates of creditable militaryservice from the individual's DD Form 214(s). (See Chapter 22 for acomplete discussion of creditable military service.)

2. Record the period of service in item 5 of OPM Form 1514, MilitaryDeposit Worksheet. (See subchapter 23C for a sample copy of OPMForm 1514.)

3. Subtract the beginning date from the ending date.

NOTE: For computation purposes, add one day to the ending dateunless it was the 31st of the month.

The result is the years, months, and days of military service.

4. Subtract "lost time," if applicable. (Until 1979 "lost time" wasgenerally recorded on the DD Form 214 as "days lost under UniformCode of Military Justice, Article 86," or as " days AWOL." Since1979, "lost time" has been subtracted from the period of service listedon the DD Form 214, and the form shows only "good time.")

The result is the creditable years, months, and days of service for theindividual.

5. Record this information in item 6 on the OPM Form 1514, MilitaryDeposit Worksheet.



Section 23A3.1-3 Determining the Amount of Basic Pay

A. Determination ofBasic Pay

Each period of service is considered independently. Note that a depositperiod cannot begin before January 1, 1957. If a period of service straddlesthat date, determine the basic pay earned only for service after December31, 1956.

Note: The employee does not have to pay a military service depositfor periods when he or she was on military leave with payfrom the employing agency. If the period of service includestime when the employee was on military leave, determine thebasic pay earned for the period excluding the period covered bymilitary leave. (See The Guide to Processing Personnel Actions(formerly FPM Supplement 296-33) for a discussion of"military leave.")

Enter the amount of earnings in item 7 of the Military Deposit Worksheet,OPM Form 1514.

1. Take the following steps if the amount of earnings is based on paydocuments.

• Compute the basic pay earned from the pay documentsprovided.

• Total the pay for each period of service. Use only basic payearned. Do not include allowances, flight pay, combat pay, etc.

• Prepare and certify Form RI 20-97, identifying the paydocuments from which the earnings have been estimated.

• File the Form RI 20-97 on the right hand side of the employee'sOPF.

2. Take the following steps if the amount of earnings is based on astatement of estimated earnings from the branch of service.

• Use the total estimated earnings given.

• File the Form RI 20-97 on the right side of the employee'sOPF.



Section 23A3.1-4 Computing the Deposit

A. General The amount of the deposit is 7 percent of the basic pay (see section23A2.1-2) earned during the period(s) of service, plus interest.

NOTE: The information in this chapter has not been updated to reflectthe passage of Public Law 103-353, the Uniformed ServicesEmployment and Reemployment Rights Act of 1994(USERRA), approved October 13, 1994. This legislationmakes certain types of National Guard service creditable thathad not previously been creditable and alters the method forcomputing military service credit deposits in limitedcircumstances. OPM will be publishing regulations on how thislegislation affects CSRS and FERS employees. Untilregulations are published, information on those aspects of thelaw that are reasonably clear is published in BenefitsAdministration Letter 95-101 dated January 27, 1995. You candownload the letter from OPM ONLINE the computer bulletinboard, by following the instructions in Chapter 1,Administration and General Provisions.

B. Deposit Formula As stated in section 23A2.1-2, the employee is responsible for providingdocumentation of basic pay earned. Use the amount provided to determinethe deposit due.

Deposit Formula:

Deposit = Amount of Earnings x 7%

Round the product to the nearest dollar (that is, $0.50 or more round up,$0.49 or less round down).

EXAMPLE: Earnings $ 6,430Multiplied by 7% x .07Equals $ 450.10

Deposit without interest equals $ 450.00



Section 23A3.1-4 Computing the Deposit (Cont.)

C. Adding Interest Interest begins to accrue on deposits for post-1956 military service onOctober 1, 1985, or 2 years after an individual is first employed (orreemployed after a period of military service) in a position subject to CSRS. See 23A3.1-5, paragraph A, for more information.

Unlike the deposit for civilian service, the interest on deposits for post-1956military service accrues and compounds annually on the employee'spersonal Interest Accrual Date or IAD. (See 23A3.1-5, paragraph B, fordetails.) Because the interest accrual period will not generally coincide withthe calendar year, two interest rates may apply. (Interest rates are set on acalendar year basis.)

It is the agency's responsibility to compute interest on deposits forpost-1956 military service. Detailed instructions for computing the interestare included in section 23A3.1-5.



Section 23A3.1-5 Computing the Interest

A. General Rules The CSRS law provides a 2-year interest-free grace period on deposits. After the 2-year period, interest is accrued and compounded annually.

1. For employees first employed prior to October 1, 1983, intereststarted accruing October 1, 1985. The earliest possible interestposting for an unpaid military service deposit is October 1, 1986.

2. For employees first employed on or after October 1, 1983, intereststarted 2 years from the date the individual was first employed subjectto CSRS. The first IAD is 1 year later, that is, 3 years from the datethe individual was first employed subject to CSRS.

3. If military service was performed after the date of first employmentand after October 1, 1983, interest for that period of military servicestarts 2 years from the date the employee returns to a position subjectto CSRS or CSRS Offset.

4. For employees first employed subject to CSRS deductions prior toOctober 1, 1983, but separated before October 1, 1982, interest startsto accrue 2 years from the date the employee is reemployed in aposition subject to CSRS or FERS.

NOTE: Because interest accrues annually, there is, in effect, a3-year interest-free period if the deposit is paid in fullbefore the first IAD. However, interest will accrue duringthe year following the 2-year grace period on any amountnot deposited before the first IAD.



Section 23A3.1-5 Computing the Interest (Cont.)

B. Interest AccrualDate (IAD)

The Interest Accrual Date or IAD is the date each year when accruedinterest is added to the amount of deposit owed by the employee. Theemployee's first IAD is the date 1 year after the date the interest-free graceperiod ends. Thereafter, the IAD falls each year on the anniversary of thefirst IAD until the deposit is paid. Interest compounds (becomes part of thedeposit due) annually on the employee's IAD.

EXAMPLE:

First Employed 7-3-73Military Service 10-2-75 to 10-1-77Grace Period Expires 9-30-85Deposit Becomes Subject

to Interest 10-1-85IAD 10-1-86

Computing the IAD:

The initial IAD for employees who perform military service after the datethey are first hired in a position covered by CSRS (including CSRS Offset)and after October 1, 1983, is 3 years from the date the employee returns toa position subject to CSRS retirement deductions.

EXAMPLE:

First Employed under CSRS 3-5-75Separated 7-22-86Military Service 8-3-88 to 8-2-91Rehired under CSRS 6-3-92Grace Period Expires 6-2-94Initial IAD 6-3-95

Interest is computed on the unpaid balance as of June 2 of each yearthereafter, until the deposit is paid in full.




C. Accruing andCompoundingInterestAnnually

When the employee first reaches his or her initial IAD, the agency mustcompute and post the first interest charge. The computation is based uponthe account balance as of the day before the IAD.

NOTE: Interest is not charged on deposits for the year they are paid infull as long as it is prior to the IAD. (See section 23A3.1-5,paragraph J for a discussion of timely remittances.)

Thereafter, unless the deposit balance is paid in full during the year, interestmust be computed on the unpaid balance and posted each year on theemployee's IAD until the deposit is paid in full. The subsequent interestcharges are computed on the deposit balance as of the day before the IAD.

D. Interest Rates Interest is charged at the following market interest rates.

Variable Interest Rates

YearInterest Rate Year

Interest Rate

198519861987198819891990

13.0%11.125%9.0%8.375%9.125%8.75%

19911992199319941995

19961997

> 1998All futureperiods

8.625%8.125%7.125%6.25%7.0%6.875%6.875%6.75% <

To be determined by theDepartment of the Treasury

Interest rates on CSRS military service deposits are computed on a calendaryear basis, January 1 through December 31. Thus, the interest rate to becharged on an IAD of October 1 reflects 3 months of the interest rate of theprior calendar year (October through December) and 9 months of theinterest rate of the calendar year in which the interest is posted (Januarythrough September). (See section 23C1.1-4 for composite interest ratecharts.)




E. Compute InterestRate

Interest rates on CSRS military service deposits are computed on a calendaryear basis, January 1 through December 31. Thus, the interest rate to becharged on an IAD of October 1 reflects 3 months of the interest rate of theprior calendar year (October through December) and 9 months of theinterest rate of the calendar year in which the interest is posted (Januarythrough September). See section 23C1.1-4 for composite interest ratecharts.

F. Computation ofComposite InterestRate forEmployees FirstEmployed underCSRS prior toOctober 1, 1983

If the employee makes the deposit prior to the first IAD, no interest ischarged.

The composite rate for interest posting is computed as follows.

Fraction of interest in prior calendar year =

30 (days in a month) x 3 (Oct through Dec) = .2500 360 (days in a year)

Fraction of interest in calendar year posting occurs =

1.0000 - .2500 = .7500




F. Computation ofComposite interestRate forEmployees FirstEmployed underCSRS prior toOctober 1, 1983(Cont.)

EXAMPLE: Computation of composite rate for October 1, 1986, posting.

1985 interest rate - 13.000% x .2500 = 3.250%

1986 interest rate - 11.125% x .7500 = 8.344%

Composite Rate = 3.25% + 8.344% = 11.594%

G. Computation ofComposite InterestRate forEmployees FirstEmployed UnderCSRS On or AfterOctober 1, 1983

In determining the fractions of the year-long interest computation periodthat fall into each of the two relevant calendar years, all months arepresumed to be 30 days in length (except for using the actual number ofdays in the month containing the IAD--see example below) and the year ispresumed to be 360 days long.

1. The formula for determining the fraction of the year-long interestcomputation period that falls into each of the two relevant calendaryears is as follows.

F1 = (30 x M) + D - G360

F2 = 1 - F1

F1 = Fraction of interest for computation period in year 1.

F2 = Fraction of interest for computation period in year 2.

M = Total number of complete months remaining in the year, after the month that contains the last day of the interest-free graceperiod.

D = Total number of actual calendar days in the month thatcontains the last day of the interest-free grace period. Thevariable D is determined by the actual calendar days of themonth in which the IAD occurs. However, for computationpurposes, add 1 day to the variable D unless the number is31.

G = The day before the IAD.




G. Computation ofComposite InterestRate forEmployees FirstEmployed UnderCSRS On or AfterOctober 1, 1983(Cont.)

2. The formula for computing the composite rate is as follows.

(CY interest rate x F1)

Plus

(CY interest rate x F2)

EXAMPLE: Interest fraction computation

First employed 10-16-83*Grace period ends 10-15-85 IAD 10-16-86

M = 2

D = 31

G = 15

F1 = (30 x 2) + 31 - 15 = 76 = .2111360 360

F2 = 1 - .2111 = .7889

Composite rate computation

(CY 1985 rate x F1) + (CY 1986 rate x F2)

(13% x .2111 = 2.744%) + (11.125% x .7889 = 8.777%)

Composite Rate = 2.744% + 8.777% = 11.521%

To simplify the interest computation process, OPM has prepared aComposite Interest Rate Table providing the rates for each IAD during theperiod October 1, 1986, through October 1, 1997. (See section 23C1.1-3for composite interest rate tables.)




H. Adding InterestWhen NoPayments HaveBeen Made

Interest is assessed and posted annually on the employee's Interest AccrualDate (IAD).

The formula for computing accrued interest is as follows.

Deposit amount x Composite Interest rate = Accrued Interest(Round accrued interest due to the nearest cent.)

EXAMPLE: Military Service 7-1-60 to 6-30-62Basic Pay Received $ 6,340.00Deposit Due $ 450.00First Employed 8-1-70IAD 10-1-86

(1) (2) (3) (4) (5)IAD Deposit x Composite = Interest Total

Amount Interest Rate Accrued Due (2 X 3) (2 + 4)

10-1-86 $ 450.00 11.594% $ 52.17 $ 502.1710-1-87 502.17 9.531% 47.86 550.0310-1-88 550.03 8.531% 46.92 596.9510-1-89 596.95 8.938% 53.36 650.31

I. Adding InterestWhen PartialPayments HaveBeen Made

Interest is charged on the unpaid balance as of the day before theemployee's IAD. (See discussion in paragraph K of this section.)

EXAMPLE: Using the composite interest rates in the example above,with the employee having made payments of $100.00 onJune 1, 1988, and $150.00 on September 17, 1989, theexample becomes:

(1) (2) (3) (4) (5)IAD Deposit Composite Interest Payment Total

Amount Interest Accrued Made Due

10-1-86 $ 450.00 11.594% $ 52.17 $ 502.1710-1-87 502.17 9.531% 47.86 550.03

$ 10010-1-88 450.03 8.531% 38.39 488.42

15010-1-89 338.42 8.938 30.25 368.67




J. TimelyRemittance

1. Authorized Official

The agency is responsible for establishing the procedures foremployees to make payments to the agency, for accepting suchpayments from the employees, and for submitting the payments toOPM in accordance with OPM's instructions. As a necessary part ofthis responsibility, the agency should designate an official authorizedto provide instructions to its employees for making timely depositpayments and for accepting such payments when made.

2. Received by the Agency Before the IAD

To be considered a timely remittance, deposit payments must bereceived by the agency--that is, physically in the possession of theagency official authorized to receive these payments--by the close ofbusiness on the last regular business day before the IAD. Thus, fordeposits sent by mail, the date on the postmark does not constitute thedate of payment.

Example: Martha was first employed under CSRS on October 15, 1983. She has an initial IAD of October 15, 1986. On each October 15 thereafter,interest is added to her account based on the balance in the account as ofOctober 14 of that year until the deposit is paid in full.

If Martha mails a payment to the agency and it is received by theappropriate agency official as of the close of business on Friday, October13, 1989, its last regular business day before Martha's IAD, the amount ofthe payment is deducted from her account balance before assessing interestfor the period October 15, 1988, through October 14, 1989. If the paymentwas postmarked on Friday, October 13, 1989, but was not physically in thepossession of the appropriate agency official, the payment would not bededucted before assessing the interest charge.

K. Agency Paymentof Interest

1. Interest Charges Must Be Paid

There is no provision in law or regulation for the waiver of interestcharged on military deposit accounts. It is OPM policy that if aremittance is not timely, interest must be charged on the deposit (see5 CFR 831.105). Agencies should advise employees of this policy sothey can take the necessary steps to make timely payments if theywant to avoid the additional interest charges.




K. Agency Paymentof Interest(Cont.)

2. Agency Payment for the Employee

If the agency determines that its errors caused the employee to beliable for additional interest, and the agency has authorization tospend monies for this purpose, it may pay, on behalf of the employee,the interest charges caused by its errors.



Section 23A3.1-6 Establishing the Deposit Account

A. Establishing theDeposit Account

The agency finance office must:

1. Establish an employee deposit account for accepting the depositpayment or installment payments, if any. If the employee does notmake the payment in a lump sum, a payment schedule must beestablished to permit installment payments (see section 23A2.1-3) ofat least $50 each. Agencies may, but are not required to, acceptinstallments of less than $50. Agencies may agree to an installmentschedule with the employee, but should encourage the employee tocomplete the payment as soon as possible; and

2. Enter payments in item 9, Record of Payments, on the OPM Form1514, Military Deposit Worksheet (or an equivalent, if the agency hasautomated this process).

NOTE: Survivors may not make installment payments; their paymentsmust be completed in a lump sum. (See Chapter 70 for adiscussion of survivor deposits.)



Section 23A3.1-7 Preparing SF 2806 for Military Service Credit Deposit

A. PreparingSF 2806

The finance office must do the following.

1. Prepare a separate SF 2806 (Individual Retirement Record) for anemployee who makes a military deposit for post-1956 militaryservice.

NOTE: Each employee who makes a military deposit to the agency willhave two SF 2806's, one for civilian service retirementdeductions and one for military deposit service. Under noconditions may a deposit made for military service be postedon the employee's regular (civilian service retirementdeductions) SF 2806. See subchapter 23C for a sample of acorrectly completed SF 2806 for military service deposit.

2. Note the following under the Service History portion of the SF 2806in order to distinguish it from the regular SF 2806,

"Military Service History and Deposit Record."

3. Post the military service history for each period of service for whichthe employee makes a deposit.

4. Indicate time lost following each entry, if applicable.

5. Post deposits for military service annually as with retirementcontributions.

IMPORTANT: Make certain that amounts paid by an employee areposted to the correct SF 2806.



Section 23A3.1-8 Inactive Accounts

A. BeforeRemovingAccounts fromActive Files

If the employee is not currently making payments on the deposit, the agencymay remove the Deposit Payment Worksheet from its active accounts aftera reasonable period, to be established by the agency, expires.

Before removing the account from the active files:

1. Advise the employee of the intended action and give him or her anopportunity to complete the deposit prior to removing the accountfrom the active file; and

2. Advise the employee that monies are refunded only if the employee:

• Meets all criteria for a refund (See Chapter 32, Refunds) or

• Retires without completing the deposit.B. After Removing

Accounts fromActive Files

1. The agency must retain the:

• SF 2806, Individual Retirement Record for Military ServiceDeposit;

• SF 2803, Application to Make Deposit or Redeposit;

• OPM Form RI 20-97, Estimated Earnings during MilitaryService; and

• OPM Form 1514, Military Deposit Worksheet

until the employee's regular retirement SF 2806, IndividualRetirement Record, is sent to OPM when the employee transfers,separates, or dies in service.

2. The agency must establish procedures by which an employee mayreactivate the military deposit account at a later date.

C. Death BeforeDeposit IsCompleted

Chapter 70 contains the procedures a surviving spouse or former spousemust follow to make a post-1956 military service credit deposit when anemployee dies in service. See Chapter 70 for processing death-in-servicebenefits.



Section 23A3.1-9 Closing Out SF 2806 for Military Service Credit Deposit

A. CompletedPayments

When the deposit is complete, the agency must close out the SF 2806. Follow the procedures in Chapter 81, Individual Retirement Records andRegisters of Separations and Transfers, for closing out the SF 2806, exceptas shown below.

1. Note in the "Remarks" column of the SF 2806,

"Deposit Paid in Full."

2. Retain the SF 2806, SF 2803, the RI 20-97, documentation of basicpay, and OPM Form 1514, Military Deposit Worksheet, until theemployee transfers, separates, or dies in service.

NOTE: Refer to subchapter 23C for a sample of SF 2806 andproper posting guidelines.

3. When the employee transfers, separates, or dies in service, send theSF 2806, the SF 2803, and the OPM Form 1514, Military DepositWorksheet, for a completed deposit for military service to OPM withthe employee's regular retirement SF 2806.

4. The agency must retain Form RI 20-97 showing the estimatedearnings along with a copy of the Military Deposit Worksheet. Filethem on the right side of the employee's OPF.

5. Give a copy of the OPM Form 1514, Military Deposit Worksheet,showing the completed military deposit to the employee for his or herrecords.

NOTE: Do not confuse these special closeout procedures with those forthe regular SF 2806.



Section 23A3.1-9 Closing Out SF 2806 for Military Service Credit Deposit (Cont.)

B. IncompletePayments

When an individual transfers from one organization to another undercircumstances that require the regular retirement SF 2806 to be sent toOPM and an application for military service deposit has been filed by theemployee, the losing agency must:

1. Close out the account by following the procedures described inparagraph A above. Note in the "Remarks" column,

"Employee Transferred to Another Agency."

2. Forward the appropriate documentation (that is, SF 2803, SF 2806,and OPM Form 1514) to OPM;

3. Give the employee a current copy of the OPM Form 1514, MilitaryDeposit Worksheet, which provides him or her with a currentstatement of the account, including the balance due; and

4. File the Form RI 20-97 showing the estimated earnings and a copy ofthe Military Deposit Worksheet on the right hand side of theemployee's OPF.



Section 23A3.1-10 Remitting Deposit to OPM

A. General Agency finance offices must use the SF 2812 system to remit militaryservice credit deposits to OPM. The SF 2812, Report of Withholdings andContributions for Health Benefits, Group Life Insurance, and Civil ServiceRetirement, includes a space to enter the amount collected for militaryservice deposits.

NOTE: See Chapter 80, Payroll Office Reporting of Deductions andContributions, for a sample copy of SF 2812.

B. Procedures Use the procedures for remitting deposits for military service as outlined inChapter 80.

• Do not delay scheduled submission of the SF 2812 if problems occurwith the deposits for military service. After the problem isreconciled, the deposits may be submitted on a subsequent SF 2812.

• Include military deposit remittances in the total credit to the OPMappropriation symbol 24X8135.8 on the monthly statements oftransactions.

36 Service Credit Payments for Post-1956 Military Service FERS Chapter 23


Subchapter 23B FERSPart 23B1 General Information

Section 23B1.1-1 Overview

A. Introduction Subchapter 23B outlines the rules and policies that apply to service creditpayments for post-1956 military service under the Federal EmployeesRetirement System (FERS).

This subchapter explains how FERS differs from CSRS. It refers readers tothe CSRS rule that applies or gives the FERS rule if it is different.

B. Organization ofSubchapter

The FERS subchapter has three parts.

Part Name of Part Page

23B1 General Information 36

23B2 Employee Procedures andResponsibilities

44

23B3 Employing OfficeProcedures

45

C. Statement ofAuthority

This subchapter is based on the laws and regulations cited below.

• United States Code: 5 U.S.C. 8411(c), 8422(e)

• Code of Federal Regulations: 5 CFR 842.307

Service Credit Payments for Post-1956 Military Service FERS 37Chapter 23


Section 23B1.1-2 Applicable CSRS Provisions

A. Applicable CSRSProvisions

The following part and sections of subchapter A apply to FERS employeeswith the exceptions noted in paragraph B below.

• Section 23A1.1-3 Definitions

• Part 23A2 Employee Procedures and Responsibilities

• Section 23A3.1-1 Accepting the Employee's SF 2803

• Section 23A3.1-2 Computing the Amount of CreditableMilitary Service

• Section 23A3.1-3 Determining the Amount of Basic Pay

• Section 23A3.1-6 Establishing the Deposit Account

• Section 23A3.1-7 Preparing SF 2806 for Military ServiceCredit Deposit

• Section 23A3.1-8 Inactive Accounts

• Section 23A3.1-9 Closing Out SF 2806 for Military ServiceCredit Deposit

• Section 23A3.1-10 Remitting Deposits to OPM

• Section 23A3.1-11 Preparing Annual Summary



Section 23B1.1-2 Applicable CSRS Provisions (Cont.)

B. Exceptions 1. The following FERS forms replace the CSRS forms in each of thesections above.

• SF 3108, Application to Make Service Credit Payment forCivilian Service

• SF 3107-1, Certified Summary of Federal Service

• SF 3100, Individual Retirement Record

• SF 3103, Register of Separations and Transfers

2. The statement to be inserted on the SF 3108 is included in section23B2.1-1.



Section 23B1.1-3 Background

A. Military Deposit A FERS employee may receive credit for post-1956 military service underFERS rules only if he or she deposits with the employing agency a sumequal to 3 percent of the military basic pay he or she earned during theperiod of military service, plus interest.

A deposit is necessary to use post-1956 military service both for eligibilityfor an annuity and for computation purposes.

EXAMPLE: John is 58 years old. He has 8 years of creditable civilianservice and 3 years of post-1956 military service. If he makes his post-1956 military deposit, he can retire under the MRA + 10 provision. If hedoes not make the deposit, he is not eligible to retire until age 62.

NOTE: See Chapter 22 for additional information on the crediting ofmilitary service.

B. Where DepositIs Made

Military deposits must be made to the employing agency.



Section 23B1.1-4 Service Subject to FERS Military Service Deposit Rules

A. Service Subjectto FERSMilitary ServiceDeposit Rules

Military service is subject to FERS rules on military service deposits if:

• The employee was automatically subject to FERS onJanuary 1, 1987;

• The employee was automatically covered by FERS upon conversionfrom a position excluded from FERS to a position covered by FERS;

• The employee was automatically covered by FERS upon reenteringservice after January 1, 1987;

• The employee performed the military service after transferring toFERS, regardless of whether he or she will be eligible for a CSRSannuity component; or

• The employee elected FERS coverage sometime afterJune 30, 1987, and had less than 5 years of civilian service (notcounting any civilian service covered simultaneously by both SocialSecurity and CSRS after December 31, 1983) before the effective dateof the election.

EXAMPLE: Edith performed military service from 7-1-76 to 6-30-78. She was appointed to a career appointment under CSRS on 11-1-78 andseparated from CSRS on 10-30-82. Edith was reinstated in a careerappointment on 2-1-85 under CSRS Interim/Offset and elected FERS on9-1-87. She had less than 5 years of civilian service that was not underboth CSRS and Social Security when she elected FERS coverage, so shehas no future entitlement to a CSRS component in the computation of herFERS annuity.

Therefore, Edith's military service is credited under FERS rules. If shehad completed a CSRS military deposit (at 7% of basic pay), she would beeligible for a return of excess contributions. (See Chapter 33, Return ofExcess Contributions, for additional information on returns of excessdeductions.)



Section 23B1.1-4 Service Subject to FERS Military Service Deposit Rules (Cont.)

A. Service Subjectto FERSMilitary ServiceDeposit Rules(Cont.)

Employees in the categories above:

1. Pay a deposit of 3 percent of military basic pay;

2. Have the extended interest-free period (see section 23B3.1-2); and

3. Are not treated differently if they first became subject to CSRS beforeOctober 1, 1982.

NOTE: Employees who transfer to FERS and have a CSRS componentcontinue to be under the CSRS military deposit rules for serviceperformed before the transfer.



Section 23B1.1-5 Who Can Make a Military Service Deposit

A. General Rule:CurrentEmployees

An employee subject to FERS may make a deposit for any full period ofmilitary service prior to separation from service.

1. If the employee delays making the military deposit until the time he orshe separates for retirement, the deposit must be made, in full, to theemploying agency before OPM completes the adjudication of theannuity. The agency should inform the employee that finaladjudication of his or her annuity will be delayed.

2. Except as noted in paragraph A1 above, a separated employee maynot make a military service deposit.

B. Employee WhoElects aPostponedAnnuity

If an employee meets the requirements to retire optionally under the FERSMRA+10 provision and postpones the annuity, he or she must pay themilitary service credit deposit to the agency before separation fromservice.

C. Survivor of aFormerEmployeeEligible for aDeferredAnnuity

A survivor of a former employee who was eligible at the time of death for adeferred annuity may receive a survivor annuity based on the formeremployee's creditable service but the survivor may not make a militaryservice deposit. See Chapter 70 for a discussion of survivor deposits whenthe employee dies in service.



Section 23B1.1-6 Refund of Deposit

A. Refund Before Retirement

Either a completed or partial deposit for a period of service is refunded to aseparated employee who applies for (and is entitled to) a refund of allretirement deductions. > Interest is paid on the FERS military servicedeposit. (See Chapter 32 for additional details.) <

B. Refund UponApplication forRetirement

The information in section 23A1.1-5, paragraph B, applies to FERSemployees, except for the statement that a reemployed annuitant canredeposit a refunded military deposit. FERS does not permit redeposits. (Also see paragraph C.)

NOTE: At retirement FERS disability retirees under age 62 will have tomake a decision about the use of military service at age 62. Ifthe employee is receiving military retired pay and decides not towaive it, he or she is entitled to a refund of the military deposit. However, the employee may want to waive the military retiredpay at age 62. A FERS disability annuity will be recomputed atage 62 to an amount that represents the annuity the personwould have received if he or she had continued working untilthe day before his or her sixty-second birthday and then retiredunder the FERS nondisability provisions. Including the militaryservice at age 62, therefore, may entitle the individual to ahigher annuity benefit. If the disability annuitant has received arefund of the military service deposit, it will not be possible tomake a deposit for such service to include it in the computationof the annuity at the time the recomputation is made.

C. RefundedMilitary ServiceCredit DepositCannot BeRepaid

Unlike CSRS employees, if a FERS employee separates from Federalservice and receives a refund of contributions and deposits or redepositsmade to the Fund, he or she does not have a right to pay back the post-1956military service credit deposit.



Part 23B2 Employee Procedures and Responsibilities

Section 23B2.1-1 Applying for Deposit

A. Applying forDeposit

The information in Part 23A2 applies to FERS employees whose militaryservice will be credited under FERS rules; however, agencies must insertthe statement shown in section 23B2.1-1B below on the SF 3108.

B. CompleteSF 3108

If the FERS employee decides to pay the military deposit, he or she mustobtain SF 3108, Application to Make Service Credit Payment for CivilianService, from the employing agency. (See subchapter 23C for a samplecopy of this form.)

The space below that in which the employee enters the military service tobe covered by a deposit must contain the following statement to be enteredby the employing agency.

"I wish to pay the deposit necessary to obtain credit for my military serviceafter 1956. I understand that the entire deposit must be paid to my agencybefore separation for retirement and that if I do not complete the deposit atthat time, the post-1956 military service will not be used to compute orestablish title to a FERS annuity. Any incomplete deposit that will not payfor one or more full periods of military service will be refunded. Otherwise, my deposit is refundable only if I become eligible for a refundof civil service retirement contributions, or retire without waiving mymilitary retired pay (if any).

"I further understand that the military deposit cannot be deemed paid atretirement if I am eligible for and elect an alternative annuity. If I do electthe alternative annuity upon retirement, any completed military depositsmade to the Fund will be refunded to me along with any other retirementcontributions or payments I made to the Fund."



Part 23B3 Employing Office Procedures

Section 23B3.1-1 Computing the Deposit

A. General The amount of the deposit is 3 percent of the basic pay (see section23A2.1-2) earned during the period(s) of service, plus interest.

NOTE: Under the Uniformed Services Employment and ReemploymentRights Act of 1994 (USERRA), approved October 13, 1994, themilitary deposit may, in some cases, be less than 3 percent ofthe basic military pay earned. See section 23A2.1-4A forfurther information.

B. Deposit Formula As stated in section 23A2.1-2, the employee is responsible for providingdocumentation of basic pay earned. Use the amount provided to determinethe deposit due.

Deposit Formula:

Deposit = Amount of Basic Pay x 3%

Round the product to the nearest dollar (that is, $0.50 or more round up,$0.49 or less round down).

Example: Basic Pay Received $ 6430Multiplied by 3% x .03 Equals $ 192.90Principal Equals $ 193.00

C. Employees WhoTransfer toFERS While onMilitaryFurlough

Military service is broken into two periods based on the effective date ofFERS coverage for employees who transfer to FERS while on militaryfurlough and have a CSRS component.

1. Military service performed before the effective date of FERS coverageis under CSRS rules (unless the employee is not eligible for a CSRSannuity component).

2. Military service performed on or after the effective date of FERScoverage is under FERS rules.

This rule applies even if the employee was in CSRS Offset before/duringthe military furlough.



Section 23B3.1-2 Computing the Interest

A. General Rules The FERS law provides a 2-year interest free grace period on deposits. After the 2-year period, interest is assessed and compounded annually onthe balance due in the deposit account as of the day before the employee'sIAD.

1. For employees first employed prior to January 1, 1987, intereststarted to accrue January 1, 1989.

2. For employees first employed on or after January 1, 1987, interestbegins to accrue 2 years from the date the individual was firstemployed subject to FERS.

3. If military service was performed after date of first employment andafter January 1, 1987, interest starts to accrue 2 years from the datethe employee returns to a position subject to FERS.

4. For employees who elect FERS coverage sometime after June 30,1987, if they have less than 5 years of civilian service (not countingany civilian service covered simultaneously by both Social Securityand CSRS after December 31, 1983) before the effective date of theelection, interest begins to accrue 2 years from the date of transfer.

NOTE: Because interest accrues annually, there is, in effect, a 3-yearinterest free period if the deposit is paid in full before the firstIAD. However, interest will accrue during the year followingthe 2-year grace period on any amount not deposited before thefirst IAD.

B. Interest Ratesand PostingDates forEmployees FirstEmployed Priorto January 1,1987

For employees first hired prior to January 1, 1987, the 2-year grace periodends on January 1, 1989. Interest accrues during calendar year 1989 at thevariable interest rate for the year, 9.125 percent. Interest is compoundedand posted January 1, 1990.

For any amount not deposited by January 1, 1990, interest accrues duringcalendar year 1990 at the variable interest rate of 8.75 percent. Interest willbe compounded and posted on January 1, 1991. Interest is assessed on theremaining balance and posted each year.

The variable interest rate is determined yearly by the Department of theTreasury.

NOTE: Subchapter 23C contains tables of interest rates for militarydeposits.



Section 23B3.1-2 Computing the Interest (Cont.)

C. Computation ofCompositeInterest Ratesfor EmployeesFirst EmployedOn or AfterJanuary 1, 1987

The information in section 23A3.1-5, paragraph G, applies to FERSemployees first employed on or after January 1, 1987.

NOTE: See section 23C1.1-4 for tables of composite interest rates inorder to simplify the composite interest rate computationprocess.

D. TimelyRemittance

The information in section 23A3.1-5, paragraphs J and K, applies to FERSemployees.

48 CSRS Service Credit Payments for Post-1956 Military Service FERS Chapter 23


Subchapter 23C Job Aids

Section 23C1.1-1 Sample Forms

This section contains copies of the following sample forms.

SF 2803 Application to Make Deposit or Redeposit (for pre-October 1,1982, CSRS employees)

SF 2803 Application to Make Deposit or Redeposit (for post-September 30, 1982, CSRS employees)

SF 2801-1 Certified Summary of Federal ServiceSF 2806 Individual Retirement RecordComposite Interest Rate TablesForms Used to Document Actual Military EarningsSF 3107-1 Certified Summary of Federal ServiceSF 3100 Individual Retirement RecordSF 3108 Application to Make Service Credit Payment for Civilian

ServiceSample Letter to Remind Employees about Military Deposits

Service Credit Payments for Post-1956 Service 49Chapter 23

Civil ServiceRetirement System

APPLICATION TO MAKE DEPOSIT OR REDEPOSIT

CIVIL SERVICE RETIREMENT SYSTEM

TO AVOID DELAY IN PROCESSING:1. Read the attached information carefully.2. Typewrite or print in ink.3. Complete Part A in full and have your employing agency complete Part B. If you are not Federally

employed, Part B need not be completed.

OMB Approved No. 3206-0134Expires 5/31/90

A. TO BE COMPLETED BY THE APPLICANT1. Name (Last) (First) (Middle) 2. List all Other Names You Have Used 3. Birthdate (Month, day, year)

4. Address (Number and Street) 5. Department or Agency in Which Presently or Last Employed,Including Bureau, Branch, or Division

6. Social Security No.

* *(City, State and ZIP Code) 7. Location of Employment (City and State) 8. Title of Last Position

List in chronological order all "deposit" periods of civilian service during which no Civil Service Retirement deductions were withheld from your salary; and all "redeposit" periods of civilian service during which retirement deductions were withheld and later refunded to you.

Department or Agency, Including Bureau,Branch, or Division, Where Employed

Location of Employment(City and State)

Title of PositionPeriods of Service Check Whether Deductions Were

Not Withheld or Were Withheldand Refunded

Beginning Date Ending Date NotWithheld

Withheldand

Refunded

"I wish to pay the deposit for my military service after 1956. I understand that the entire deposit must be paid to my agency before separation for retirement and that if I do not complete the

deposit at that time, the post-1956 military service will not be used to compute my annuity after age 62, if I am eligible for Social Security benefits at that time. Any incomplete deposit that will not pay one or more full periods of military

service will be refunded. Otherwise, my deposit is refundable only if I become eligible for a refund of civil service retirement contributions, or retire without waiving my military retired pay (if any).

"I further understand that the military deposit cannot be deemed paid at retirement if I am eligible for and elect an alternative annuity. If I do elect the alternative annuity upon retirement, any completed military deposits I made to the Fund

will be refunded to me along with any other retirement contributions or payments I made to the Fund."

9. Are Deductions for Civil Service Retirement Now BeingWithheld From Your Salary?

G Yes G No

10. If Your Answer is "No," Give the Date of Separation FromYour Last Position Under the Civil Service Retirement Lawxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx<

Date of Separation

Signature of Applicant Telephone Number (Including area code) Where You Can BeReached During the Day

Date

Office of Personnel Management 2803-110 NSN 7540-00-034-4252 Standard Form 2803Revised March 1987

August, 1996 CSRS and FERS Handbook

Service Credit Payments for Post-1956 Military Service 50Chapter 23

Civil ServiceRetirement System

APPLICATION TO MAKE DEPOSIT OR REDEPOSIT

CIVIL SERVICE RETIREMENT SYSTEM



OMB Approved No. 3206-0134 Expires 5/31/90

A. TO BE COMPLETED BY THE APPLICANT1. Name (Last) (First) (Middle) 2. List all Other Names You Have Used 3. Birthdate (Month, day, year)

4. Address (Number and Street) 5. Department or Agency in Which Presently or Last Employed,Including Bureau, Branch or Division

6. Social Security No.

* *(City, State and Zip Code) 7. Location of Employment (City and State) 8. Title of Last Position

List in chronological order all "deposit" periods of civilian service during which no Civil Service Retirement deductions were withheld from your salary; and all "redeposit" periods of civilian service during which retirement deductions were withheld and later refunded to you.

Department or Agency, Including BureauBranch or Division, Where Employed


Title of PositionPeriods of Service Check Whether Deductions Were

Not Withheld or Were Withheldand Refunded

Beginning Date Ending Date NotWithheld

Withheldand

Refunded

"I wish to pay the deposit necessary to obtain credit for my military service after 1956. I understand that the entire deposit must be paid to my agency before separation for retirement and

that if I do not complete the deposit at that time, the post-1956 military service will not be used to compute or establish title to a CSRS annuity. Any incomplete deposit that will not pay for

one or more full periods of military service will be refunded. Otherwise, my deposit is refundable only if I become eligible for a refund of civil service retirement contributions, or retire without

waiving my military retired pay (if any).

"I further understand that the military deposit cannot be deemed paid at retirement if I am eligible for and elect an alternative annuity. If I do elect the alternative annuity upon retirement, any

completed military deposits I made to the Fund will be refunded to me along with any other retirement contributions or payments I made to the Fund."

9. Are Deductions for Civil Service Retirement Now BeingWithheld From Your Salary?

G Yes G No

10. If Your Answer is "No," Give the Date of Separation FromYour Last Position Under the Civil Service Retirement Lawxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx<

Date of Separation

Signature of Applicant Telephone Number (Including area code) Where You Can BeReached During the Day

Date

Office of Personnel Management 2803-110 NSN 7540-00-034-4252 Standard Form 2803Revised March 1987

CSRS Service Credit Payments for Post-1956 Military Service FERS 51Chapter 23


CSRS and FERS Handbook August, 1996

52


Service Credit Payments for Post-1956 Military ServiceChapter 23

CERTIFIED SUMMARY OF FEDERAL SERVICECIVIL SERVICE RETIREMENT SYSTEM

U.S. Office of Personnel Management

Information for Agency

1. A certified copy of this form must accompany the employee'sApplication for Immediate Retirement (SF 2801) or anApplication for Death Benefits (SF 2800) for a deceasedemployee if a survivor annuity appears to be payable.

2. This form may also be used:

• for retirement counseling purposes

• to respond to an employee's request for a record ofcreditable service.

3. See text of Chapter 23 for detailed instructions forcompletion and disposition of this form.

Instructions for the Employee

1. Your employing office will complete and certify this form for you.

2. Review this form carefully. Be sure it contains all of your service.

3. Complete Section E, Employee's Certification, and return it to youremploying office.

Section A - Identification

1. Name of employee (Last, first, middle initial) 2. Date of birth (Month, day, year) 3. Social Security Number

Doe, John I. 2-21-25 123-45-67894. List all other names used (Maiden name, AKA, spelling variants) 5. Other birth dates used 6. Military serial number

None 77216681None 7. Service computation date for retirement purposes

1-22-508a. Does the applicant receive military retired pay?

G YES Attach a copy of the applicant's military retired pay order, ifavailable and complete 8b.

G NO

8b. If YES, has the applicant waived military retired pay to credit military service for civil serviceretirement?

G YES Attach a copy of the military finance center's letter to the employee accepting waiver, ifavailable

G NO (Includes cases where a waiver is unnecessary)

Section B - Verified Service History Documented in Official Records

Federal Agency orMilitary Service Branch

Appointment, Separation or ConversionDates for Civilian and Active Honorable

Military Service

Name of Retirement System*

(e.g., CSRS,CSRS Offset, etc.)

Remarks and Non-Creditable Time(Indicate if Service is Part-Time)

To From

53


U.S. ArmyU.S. Army 10-5-57

10-5-6110-4-6010-4-64

(Deposit paid in full)(Partial deposit paid)

* Give details of creditable civilian service not subject to retirement deductions in Section C.

U.S. Office of Personnel Management Standard Form 2801-1Revised January 1990


LAST NAME FIRST NAME MIDDLE INITIAL DATE OF BIRTH SOC. SEC. NO. AGENCY PAYROLL OFFICE LOCATION PAYROLL OFFICE NO.

1. Doe, John I.__________________ MO DAY YR.

12345 6789

2 21 252.__________________________3.__________________________4.__________________________

(Record each name change -strike out previous name)

DO NOT USE OPM Region 4 Ft. Worth, TX 11 00 1111

SERVICE HISTORY FISCAL RECORD

EFFECTIVEDATE

(1)ACTION

(2)BASE PAY

(3)

DONOTUSE

REMARKS(4)

YEAR(5)

CALENDAR YEARSALARY

DEDUCTIONS(6)

ACCUMULATIVETOTAL SALARYDEDUCTIONS

(7)

REMARKS(8)

MILITARY SERVICE HISTORY AND DEPOSIT RECORD

10-5-57 to 10-4-60 U.S. Army - No time lost

(PAID IN FULL $444.34)

10-5-61 to 10-4-64 U.S. Army - 10 days lost 1983 544.34

(PARTIALLY PAID $100.00) DEPOSIT FOR MILITARY SERVICE CERTIFIED CORRECT

Transferred to agency XYZ (7-1-83)

(Signature and Title) 10-20-83

AUTHORIZED CERTIFYING OFFICER

INDIVIDUAL RETIREMENT RECORD U.S. Office of Personnel Management Standard Form 2806Rev. 2-80

CSRS and FERS Handbook August , 1996



FORMS USED TO DOCUMENT ACTUAL MILITARY EARNINGS

The following forms may be used to document actual military earnings for any given period if submitted asevidence by the employee.

Army

DD 113, Military Pay Record, effective August 1951; May 1957; August 1960

FC Form T023 (TEST), Military Pay Voucher

DA 2139, Military Pay Voucher, effective July 1, 1958: July 1, 1961: October 1, 1963

DA 2349, Military Pay Voucher (MECH), effective August 1, 1961; September 1, 1972

DA 2139-1, Military Pay voucher, effective October 1, 1963

DA 3686(TEST), JUMPS, Army Leave and Earnings Statement, effective September 12, 1972; July 1, 1976;August 1, 1977; August 1, 1978

DA 3686 J, Army Leave and Earnings Statement, effective August 1, 1982

Air Force

DD 1624 AF, Leave and Earnings Statement, effective July 1, 1967

AF Form 141, Leave and Earnings Statement, effective October 12, 1976

AF Form 141, Leave and Earnings Statement, effective April 1, 1980

Navy and Marines

DD 113, Individual Pay Record, effective January 1, 1957

DD 113-2C, Individual Pay Record, effective May 1, 1957

DD 1624, Leave and Earnings Statement, effective October 27, 1967

DD 1624-1C, Leave and Earnings Statement, effective August 1, 1978

Coast Guard

None



Forms Used to Document Actual Military Earnings (Cont.)

Public Health Service

PHS-1313-1 (Rev. 6-59), Payroll Change Slip (Commissioned Officers)

PHS-1313-2 (4-50), Payroll Change Slip (Commissioned Officers)

OS-410 (6-64), Payroll Change Slip (Commissioned Officers)

OS-410 (Rev. 12/67; Rev. 12/75), Commissioned Officers' Statement of Earnings (DHEW)

PHS-6155 (9/79), Statement of Earnings and Deductions

National Oceanic and Atmospheric Administration

Coast and Geodetic Survey Form 34-14 (7/60), Statement of Earnings and Leave

ESSA Form 34-14 (1965), Statement of Earnings and Leave

NOAA Form 34-14 (10/4/70), Statement of Earnings and Leave



FEDERAL EMPLOYEES RETIREMENT SYSTEMCERTIFIED SUMMARY OF FEDERAL

U.S. Office of Personnel Management5 CFR Part 841

Information for Agency

1. A certified copy of this form must accompany an employee'sApplication for Immediate Retirement (SF 3107) or anApplication for Death Benefits (SF 3104) for a deceasedemployee if a survivor annuity or a spousal lump sum benefitappears to be payable.

2. This form may also be used:

• for retirement counseling purposes• to respond to an employee's request for a record of

creditable service.

Instructions for Employees

1. Your employing office will complete and certify this form for you. 2. Review the form carefully. Be sure it contains all of your service.3. Complete Section E, Employee's Certification, and return it to your

employing office.

SECTION A - IDENTIFICATION

1. Name of Employee (Last, first, middle initial) 3. Date of Birth (Month, day, year) 4. Social Security Number

Davis, James D. 6-10-30 222-11-77772. List All Other Names Used (Maiden name, AKA, spelling variants) 5. Other Birth Dates Used 6. Military Serial Number

None None 332288107. Service Computation Date for Retirement Purposes

10-22-558. Did this employee elect to transfer to FERS?

G No Gx Yes < Give effective date of election 11-8-879. If yes, is this employee entitled, according to your records, to have part of his/her annuity computed under CSRS rules?

G No Gx Yes

SECTION B - VERIFIED SERVICE HISTORY DOCUMENTED IN OFFICIAL PERSONNEL RECORDS

Federal Agency orMilitary Service Branch

Appointment, Separation, or ConversionDates for Civilian and Active

Honorable Military ServiceName of

Retirement System* Remarks and Non-Creditable Time**

From To

U.S. Army4-15-504-15-544-15-58

4-14-544-14-584-14-62

(Deposit completed for military service from 1-1-57 to 4-14-62)

* Give details of creditable civilian service not subject to retirement deductions in Section C.** In Remarks, show if CSRS service on and after January 1, 1984, is "regular" CSRS or CSRS Offset. Use retirement codes in The Guide to Processing Personnel Actions

if necessary to properly identify service.

Standard Form 3107-1Rev. March 1988

October 1991


Last Name First Name Middle Initial Date of Birth Social Security

1. Jones, Jane N. Month Day Year

022 76 3221

Agency Payroll Office Location Payroll Office No.

7 18 56

2.__________________________________

3.__________________________________

4.__________________________________(Record each name change - strike out previous name)

XYZ Agency Region 2 Washington, DC 40-00-0002

SERVICE HISTORY FISCAL RECORD

Effective Date(1)

Action(2)

Base Pay(3)

Remarks(4)

Year(5)

Calendar YearSalary

Deductions(6)

AccumulatedSalary

Deductions(7)

Remarks(8)

MILITARY SERVICE HISTORY AND DEPOSIT RECORD 1985 222.35

3-22-75 to 3-21-77 U.S. Army - No time lost Deposit for Military Service Certified Correct

(Deposit paid in full $222.35) (Signature and Title) 3-25-85

AUTHORIZED CERTIFYING OFFICER

Register of Separations Number (SF 3103)

INDIVIDUAL RETIREMENT RECORD Standard Form 3100 U.S. Office of Personnel Management (Federal Employees Retirement System) January 1987

August, 1996 CSRS and FERS Handbook


Federal EmployeesRetirement System

APPLICATION TO MAKE SERVICE CREDIT PAYMENT FOR CIVILIAN SERVICE

FEDERAL EMPLOYEES RETIREMENT SYSTEM



A. TO BE COMPLETED BY THE APPLICANT1. Name (Last, First, Middle) 2. List All Other Names You Have Used 3. Birthdate (Mo, dy, yr)

4. Address (Number and Street) 5. Department or Agency in Which Presently or Last Employed,Including Bureau, Branch, or Division

6. Social Security Number

* *(City, State, and ZIP Code) 7. Location of Employment (City and State) 8. Title of Position

9. Have you previously filed any application under G Yes (Complete items the Federal Employees Retirement System (FERS) 9a and 9b.)xxx< or the Civil Service Retirement System (CSRS)? G No

9a. Type of G Service Credit Payment G RefundApplication

G Return of Excess Deductions G Retirement

9b. Claim Number(s) (ifavailable)

10. List below in chronological order all periods of Federal civilian service. Be sure all your service is listed so that the Office of Personnel Management (OPM) can bill you for the correctamount.

Department or Agency, Including BureauBranch or Division, Where Employed


Title of PositionPeriods of Service Check Whether Deductions Were Not

Withheld, Withheld and Refunded, or Withheld and Remain to Your Credit

Beginning Date Ending Date Not WithheldWithheld and

RefundedWithheld andNot Refunded

"I wish to pay the deposit necessary to obtain credit for my military service after 1956. I understand the entire deposit must be paid to my agency before separation for retirement and that if I do not complete the deposit at

time the post-1956 military service will not be used to compute or establish title to a FERS annuity. Any incomplete deposit that will not pay for one or more full periods of military service will be refunded. Otherwise, my

deposit is refundable only if I become eligible for a refund of retirement contributions, or retire without waiving my military retired pay (if any).

"I further understand that the military deposit cannot be deemed paid at retirement if I am eligible for and elect an alternative annuity. If I do elect the alternative annuity upon retirement, any complete military deposits I made

to the Fund will be refunded to me along with any other retirement contributions or payments I made to the Fund."11. Are deductions for the Federal Employees Retirement System now being withheld

from your salary?

G Yes G No

12. If your answer is "No," give the date of separation from your last position under the FederalEmployees Retirement System xxxxxxxxxxxxxxxxxxxxxxxxxxxx<

Date of Separation

13. Signature of Applicant 14. Telephone Number (Including area code) Where You Can Be Reached During the Day 15. Date

Office of Personnel Management5 CFR 842

Standard Form 3108May 1988

CSRS and FERS Handbook August 1996



Section 23C1.1-2 Forms for Local Reproduction

This section contains copies of the following OPM forms for localreproduction.

RI 20-97, Estimated Earnings During Military Service

OPM Form 1514, Military Deposit Worksheet

OPM Form 1515, Military Service Deposit Election



ESTIMATED EARNINGS DURING MILITARY SERVICEINSTRUCTIONS: Use a separate RI 20-97 for each branch of service. Attach DD 214 or equivalent and any availablerecords of pay or promotions. If you do not have a DD 214 or equivalent, obtain an SF 180 from your personneloffice and have your service verified before forwarding this form to the pay center. The pay center cannot provideestimated earnings unless verification of service is attached.

To

Employee name (Last, First, Middle)

Other names used

Social Security Number Date of birth

All military service numbers

Branch of Service

The uniformed services must provide estimated basic pay by Federal employees for military service after December 31, 1956, for thepurpose of making a deposit to the Civil Service Retirement and Disability Fund for retirement credit. Please provide the estimatedbasic pay earned by the above named employee.

Signature of requester Relationship to employee9 Employee is requester

9 Other (Specify9 Survivor

Date

Active military service afterDecember 31, 1956(Dates indicated below must bebased on DD 214 or equivalentcertification

TO BE COMPLETED BY AUTHORIZED OFFICIALEstimated Earnings (Base Pay)(Do not provide estimated earnings for any period of service prior to January 1, 1957.)

From(Mo,Dy,Yr)

To(Mo,Dy,Yr)

From(Mo,Dy,Yr)

To(Mo,Dy,Yr)

Rate of BasicPay

Earnings Type ofDischarge

$

$

$

$

$

1. If period of service began before and ended afterDecember 31, 1956, enter date service actuallybegan. (Mo,Dy,Yr)

2. Lost time9 None 9 Number of days _____________

9 Inclusivedates <

From(Mo,Dy,Yr) To(Mo,Dy,Yr) From(Mo,Dy,Yr) To(Mo,Dy,Yr)

Signature of authorized official furnishing estimate Date(Mo,Dy,Yr) Telephone number (Including Area Code)

Typed name of authorized official Title of authorized official

Requester's name and address

Return

= Completed

Form to

RI 20-97



Send the Request for Earnings During Military Service to the appropriate address shown below.

Army DFAS-Indianapolis CenterATTN: DFAS-IN-FJFC-A8899 East 56th StreetIndianapolis, IN 46249-0875

Phone (317) 543-7298

Navy DFAS-Cleveland Center-FMCS1240 East 9th StreetCleveland, OH 44199-2055

Phone (216) 522-5974

Air Force DFAS-DE-FJY6760 East Irvington PlaceDenver, CO 80279-3000

Phone (303) 676-7408

Marine Corps DFAS-Kansas City Center/FBL1500 E. 95th StreetKansas City, MO 64197-0001

Phone (816) 926-7652 Fax (816) 926-7648

Coast Guard Commanding Officer (SES)Coast Guard Pay and Personnel Center444 SE Quincy StreetTopeka, KS 66683-3591

Public Health Public Health ServiceService Division of Commissioned Personnel

Compensation BranchParklawn Building, Room 4-505600 Fisher's LaneRockville, MD 20857

National Oceanic National Oceanic and Atmospheric Administrationand Atmospheric Department of CommerceAdministration Commissioned Personnel Office

11400 Rockville Pike, Room 105Rockville, MD 20852



Reverse of RI 20-97


Office of Personnel ManagementMILITARY DEPOSIT WORKSHEET

1. Name 2. Date of Birth 3. Social Security Number 4. Date of Computation

5. Period of Military Service 6. Total Service in Period (Years, Months, Days)*

7. Amount ofEarnings

8. WithholdingPercentage

9. Amount of Deposit Due

From (Month, Day, Year) To (Month, Day, Year)

$ X = $10. Agency 11. Interest Accrual Date 12.

G CSRS G FERS

INTEREST COMPUTATION RECORD OF PAYMENTS

Date Amount Due Rate/Interest Total Due Date Payment Balance Due

*Not including any days lost OPM Form 1514 Office of Personnel Management Reproduce Locally Rev. March 1991

CSRS and FERS Handbook August, 1996



Military Service Deposit Election1. Employee's name 2. Date of birth 3. Social Security Number

4. Does employee appear eligible for annuitybased on minimum basic annuity?

9 Yes 9 No

5. If item 4 is "yes," would deposit for militaryservice increase annuity?

9 Yes 9 No

Our records indicate that you had military service after 1956 and are eligible for an annuity. If you are aCSRS employee who was first employed before October 1, 1982, and you are entitled (or will be entitled atage 62) to a Social Security benefit that includes credit for post-1956 military service, you must eithermake a deposit to your agency for the military service or have your annuity benefits reduced at age 62 (orat the time of your retirement if you are then age 62 or older) unless you are eligible for a minimum basicannuity that is not affected by the inclusion of your military service. If you are a CSRS employee who wasfirst employed after September 30, 1982, you must make a deposit to your agency for your military servicein order to have it included in the computation of your annuity.

Instructions to Employee: Your decision about making this deposit may affect your rights under CSRS:

1. Please read the attached "Information for Completing OPM Form 1515" carefully to be sure youunderstand the consequences of not making the deposit for military service.

2. If you decide to make the deposit for military service with the employing agency, ask for instructionsfrom the personnel office identified below.

3. Check the appropriate box below to indicate whether you will make or complete the deposit or not andreturn two copies of this form to the personnel office at the address below.

Return completed election form to: (Agency Personnel Office address) Election must be receivedby (date)

Employee Election

I read the information concerning my rights to make a deposit for post-1956 military service. (Mark an "x"in the appropriate box below to indicate your election.)

9 I want to make (or complete) this deposit. I will make the necessary payment to my employing agency.

9 I do not want to make (or complete) this deposit. I understand this decision is irrevocable.Signature Date

Instructions to Employing Office

This form must be completed when an employee retires and agency records show that the employee hasnot made or completed a deposit for post-1956 military service. Give the employee three (3) copies of thisform and these instructions for completing the form. Have the employee return two (2) signed and datedcopies of the form. Attach one to the employee's records when you send them to OPM. If the employeedoes not return a signed copy before you forward the records to OPM, note above the signature line " Employee did not return election form." The employee should also be counseled regarding the minimumbasic annuity if the payment of the deposit will not increase the annuity.

Reproduce Locally OPM Form 1515Page 1 of 3



Information for Completing OPM Form 1515Military Service Deposit Election

Civil Service Retirement system (CSRS)

Information for Employee: Military service performed before January 1957 is included in the computationof your CSRS benefits. Military service performed after December 1956 mayor may not be included incomputing your retirement benefits depending on whether a deposit is required for your military service mayaffect your rights under the Civil Service Retirement system (CSRS), you need to be aware of the followinginformation before your decide.

1. Effect of eligibility for Social Security benefits.

• If you were first employed under CSRS before October 1, 1982, your military service afterDecember 31, 1956, cannot be used in computing your civil service annuity after age 62 if you areeligible for (or would be upon application) Social Security old-age benefits, unless a deposit hasbeen made for the military service. Individuals who have or expect to have enough quarters toqualify for social Security old-age benefits have the option of either: (1) making the deposit andthereby avoiding a reduction in annuity at age 62. (NOTE: If you are already 62 or older at thetime of retirement and eligible for (or would be upon application ) Social Security, your militaryservice will not be included in the computation of your annuity unless the deposit has been paid.) Your payments must cover a full period of military service. Partial deposits that do not cover adeposit for a full period of military service are refunded. If you are not eligible for social Security atage 62 or at the time of retirement, whichever comes later, you will continue to receive free creditfor your military service for retirement purposes. Many Federal employees earn enough quarters toqualify for Social Security benefits by working a second job during their Federal employment or byworking after retirement from Federal service, so you need to be aware of the law on credit forpost-1956 military service.

If you are not sure whether you are (or will be) eligible for a Social Security old-age benefit whichincludes credit for post-1956 military service, contact the Social Security Administration forinformation.

• If you were first employed under CSRS after September 30, 1982, no credit is allowed for post-1956 military service unless you make a deposit for the service.

2. Factors that may affect creditability of military service regardless of when you were first employed.

• Minimum Basic Annuity ProvisionsIf you retire under the disability provisions of CSRS and your annuity is based on the minimum basicannuity provision of the law, it is possible that the exclusion of credit for post-1956 military servicewill have no effect on the amount of your annuity. If you need more information about how youmay be affected, contact the designated agency official responsible for assisting you with yourretirement.

• Effect of Military Retired PayAn individual who is receiving military retired pay must waive the retired pay before he or she mayreceive credit for the military service for civil service retirement purposes, unless the retired pay was(1) awarded because of a service-connected disability incurred either in combat with an enemy




Information for Completing OPM Form 1515 (Cont.)

of the United States or caused by an instrumentality of war and incurred in line of duty during aperiod of war, or, (2) awarded under the reserve retiree provision (Chapter 67, title 10, UnitedStates Code). The waiver must be effective before the commencing date of annuity.

NOTE: Under current military regulations, if you are enrolled in the Military Service Survivor BenefitPlan (SBP) and elect to waive military retired pay, but you do NOT elect a survivor annuity underCSRS, then you must remain enrolled in the military SBP. As a result, you are responsible formaking monthly payments to the military service for the SBP coverage.

3. Other information about deposit for military service.

• The amount of the deposit is 7 percent of military basic pay. Military basic pay does not includeallowances, flight pay, combat pay, etc.

• If you make the deposit, the post-1956 military service will be credited under both the civil serviceand the social security systems, if it is otherwise creditable.

• The military deposit cannot be deemed paid at retirement if you are eligible and elect an alternativeform of annuity. the entire amount of the deposit must be paid to your employing agency beforeyou separate for retirement.

4. Reemployed annuitants.

• If you have less than five years of service as a reemployed annuitant, the payment of a deposit formilitary service will not affect the amount of your benefit.

• If you have five or more years of service as a reemployed annuitant, you may elect a recomputationof the annuity under the law in effect at the time of your separation, If you elect a recomputation,you must make a deposit to cover the civilian service as a reemployed annuitant and the informationin this form will apply to the military service. Before you decide to make your deposit, ask theagency official who is designated to provide retirement counseling for information about how arecomputation will affect your annuity.

5. Agency contact for information.

If you need further information, contact ______________________________________________ about making adeposit for post-1956 military service.




Section 23C1.1-3 Sample Employee Letter

Suggested Language for Agency Reminder to Employees About Considering a Deposit for Post-56 MilitaryService

Dear Employee:

As you know, during this time of downsizing, many Federal employees are thinking ahead and planning forretirement. For this reason, I would like to take this opportunity to provide some vital information to thoseof you who have performed active military service after December 31, 1956, that is potentially creditablefor retirement purposes.

If you were first employed in a position subject to the Civil Service Retirement System (CSRS) beforeOctober 1, 1982, and you continue to be covered under CSRS (or CSRS Offset) there are two options: (1)make a deposit equal to 7 percent of your post-56 military service earnings, plus interest, and avoid areduction in your annuity at age 62, or (2) decide not to pay the deposit and have your CSRS annuityreduced at age 62, if you are then eligible for Social Security benefits based on your own employment. There is no reduction in your CSRS annuity at age 62 if you have not earned an entitlement to SocialSecurity benefits based on your own employment.

If you were first employed under CSRS on or after October 1, 1982, and continue to be covered underCSRS (or CSRS Offset), you can only receive civil service retirement credit for post-1956 military service ifyou make a deposit to the employing agency in a sum equal to 7 percent of the military basic pay youearned during the period of military service, plus interest. Without a deposit, the service is not available fordetermining eligibility to retire, computing the annuity, or for any other retirement purpose.

If you were automatically covered under the Federal Employees Retirement System (FERS) on January 1,1987, or at any time thereafter, your post-1956 military service can only be credited in a FERS annuity ifyou make a deposit of 3 percent of the military basic pay you earned during the period of military service,plus interest. If you elected FERS coverage and will have a portion of your FERS annuity computed underthe rules for CSRS, your military service will probably be subject to the CSRS deposit rules and creditedunder CSRS rules. If you elected FERS coverage but will have no portion of your FERS annuity computedunder the rules for CSRS, your military service will be subject to the FERS deposit rules and credited underFERS rules.

There are some good reasons to consider making a deposit. Making a deposit for post-1956 militaryservice allows you to receive permanent credit for military service under your Federal civilian retirementsystem, and the military service remains creditable for Social Security purposes. Making a deposit earlyhelps to avoid the accrual of additional interest. The current rate of interest charged on post-1956 depositsis 6.875 percent, and changes annually. In addition, making a deposit early affords you the option to makepartial payments of your deposit through payroll deductions. Even if you don't plan to retire or leaveFederal service soon, it is a very good idea to at least obtain the amount of your military earnings so thatthe deposit can be computed more easily.

(continued on the next page)



Section 23C1.1-3 Sample Employee Letter

Suggested Language for Agency Reminder to Employees About Considering a Deposit for Post-56 MilitaryService (continued)

To process the deposit, we can use your actual military pay vouchers for complete periods of militaryservice in computing the military deposit, or you can obtain a certified estimate of your military earningsfrom the appropriate branch of service. The personnel generalists in this office can provide instructions forobtaining the certified estimate. A copy of the form needed to request your military earnings is attached. Iwant to stress that these deposits must be made to (name of agency) as your employing agency beforeseparation from employment.

Please note that this is a brief summary of the provisions for making deposits to receive credit for post-1956 military service in a retirement. Under some circumstances, particularly active military serviceperformed after August 1, 1990, that interrupts creditable civilian service ( e.g. mobilizations for DesertShield/Desert Storm, etc.), special deposit provisions may apply due to a recent change in the law. Pleasesee a member of the Human Resources staff for additional information.

For more specific information pertaining to your individual service, or to obtain the necessary forms formaking a deposit, please contact .....

Enclosure

Suggested Resources:

Retirement Facts 2 (RI 83-2) CSRS Military Service Credit The FERS Pamphlet (RI 90-1) p. 5



Section 23C1.1-4 Composite Interest Rate Tables

NOTICE: All published composite interest rate charts are at the end of this chapter.

The composite interest rates are published annually in Payroll Office Letters. Listed below are the titlesand the numbers of the Payroll Office Letters in which they were issued.

Composite Interest Rates for Military Service Credit Deposits for Interest Accrual Dates October 1, 1986 through January 1, 1988,are in Payroll Office Letter No. 86-11.




Composite Interest Rates for Military Service Credit Deposits for Interest Accrual Dates October 1, 1990 through January 1, 1992, are in Payroll Office Letter No. 90-13.

Composite Interest Rates for Military Service Credit Depositsfor Interest Accrual Dates October 1, 1991 through January 1, 1993,are in Payroll Office Letter No. 91-15.







MILITARY DEPOSIT - CSRS

COMPOSITE INTEREST RATES

EMPLOYEES FIRST EMPLOYED BEFORE 10-1-83

10-1-1996 >>>>>>>>>> 6.906%

10-1-1995 >>>>>>>>>> 6.813%

10-1-1994 >>>>>>>>>> 6.469%

10-1-1993 >>>>>>>>>>> 7.375%

10-1-1992 >>>>>>>>>> 8.250%

10-1-1991 >>>>>>>>>> 8.656%

10-1-1990 >>>>>>>>>> 8.844%

10-1-1989 >>>>>>>>>> 8.938%

10-1-1988 >>>>>>>>>> 8.531%

10-1-1987 >>>>>>>>>> 9.531%

The following pages have the Composite Interest Rate Tables for October 1, 1986 through January1, 1998.

COMPOSITE INTEREST RATE TABLE

U. S. CIVIL SERVICE RETIREMENT SYSTEMCOMPOSITE INTEREST RATES FOR MILITARY SERVICE CREDIT DEPOSITSFOR INTEREST ACCRUAL DATES OCTOBER 1, 1986 THRU JANUARY 1, 1988

DAYOFMO.

OCTOBER1986

NOVEMBER1986

DECEMBER1986

JANUARY1987

FEBRUARY1987

MARCH1987

APRIL1987

MAY1987

JUNE1987

JULY1987

AUGUST1987

SEPTEMBER1987

OCTOBER1987

NOVEMBER1987

DECEMBER1987

JANUARY1988 *

DAYOFMO.

12345

0.115940.115940.115890.11583 0.11578

O.114380.114320.114270.114220.11417

0.112810.112810.112760.11271 0.11266

0.111250.111250.111190.111130.11107

0.109480.109300.109240.10918 0.10913

0.107710.107710.107650.10759 0.10753

0.105940.105880.105820.10576 0.10570

0.104170.104170.104110.104050.10399

0.102400.102340.102280.102220.10216

0.100630.100630.100570.100510.10045

0.098850.098850.098800.098740.09868

0.097080.097020.096970.096910.09685

0.095310.095310.095250.095190.09514

0.093540.093480.093420.09336 0.09331

0.091770.091770.09171 0.09159 0.09159

0.09000

1 2 3 4 5

678910

0.115730.115680.115630.115570.11552

0.114110.114060.114010.113960.11391

0.112600.112550.112500.112450.11240

0.111010.110950.110900.110840.11078

0.109070.109010.108950.108890.10883

0.107470.107410.107350.107300.10724

0.105640.105580.105520.105470.10541

0.103930.103870.103810.103750.10369

0.102100.102040.101980.101920.10186

0.100390.100330.100270.100210.10015

0.098620.098560.098500.098440.09838

0.096790.096730.096670.096610.09655

0.095080.095020.094960.094900.09484

0.093250.093190.093130.093070.09301

0.091530.091480.091420.091360.09130

6 7 8 910

1112131415

0.115470.115420.115360.115310.11526

0.113850.113800.113750.113700.11365

0.112340.112290.112240.112190.11214

0.110720.110660.110600.110540.11048

0.108770.108710.108650.108590.10853

0.107180.107120.107060.107000.10694

0.105350.105290.105230.105170.10511

0.103640.103580.103520.103460.10340

0.101810.101750.101690.101630.10157

0.100090.100030.099980.099920.09986

0.098320.098260.098200.098150.09809

0.096490.096430.096380.096320.09626

0.094780.094720.094660.094600.09455

0.092950.092890.092830.092770.09272

0.091240.091180.091120.091060.09100

1112131415

1617181920

0.115210.115160.115100.115050.11500

0.113590.113540.113490.113440.11339

0.112080.112030.111980.111930.11188

0.110420.110360.110310.110250.11019

0.108480.108420.108360.108300.10824

0.106880.106820.106760.106700.10665

0.105050.104990.104930.104880.10482

0.103340.103280.103220.103160.10310

0.101510.101450.101390.101330.10127

0.099800.099740.099680.099620.09956

0.098030.097970.097910.097850.09779

0.096200.096140.096080.096020.09596

0.094490.094430.094370.094310.09425

0.092660.092600.092540.092480.09242

0.090940.090890.090830.090770.09071

17181920

2122232425

0.114950.114900.114840.114790.11474

0.113330.113280.113230.113180.11313

0.111820.111770.111720.111670.11161

0.110130.110070.110010.109950.10989

0.108180.108120.108060.108000.10794

0.106590.106530.106470.106410.10635

0.104760.104700.104640.104580.10452

0.103050.102990.102930.102870.10281

0.101220.101160.101100.101040.10098

0.099500.099440.099390.099330.09927

0.097730.097670.097610.097560.09750

0.095900.095840.095780.095730.09567

0.094190.094130.094070.094010.09395

0.092360.092300.092240.092180.09213

0.090650.090590.090530.090470.09041

2122232425

262728293031

0.114690.114640.114580.114530.114480.11443

0.113070.113020.112970.112920.11286

0.111560.111510.111460.111410.111350.11130

0.109830.109770.109720.109660.109600.10954

0.107890.107830.10777

0.106290.106230.106170.106110.106060.10600

0.104460.104400.104340.104280.10423

0.102750.102690.102630.102570.102510.10245

0.100920.100860.100800.100740.10068

0.099210.099150.099090.099030.098970.09891

0.097440.097380.097320.097260.097200.09714

0.095610.095550.095490.095430.09537

0.093900.093840.093780.093720.093660.09360

0.092070.092010.091950.091890.09183

0.090350.090300.090240.090180.090120.09006

262728293031

DAYOFMO.

OCTOBER1986

NOVEMBER1986

DECEMBER1986

JANUARY1987

FEBRUARY1987

MARCH1987

APRIL1987

MAY1987

JUNE1987

JULY1987

AUGUST1987

SEPTEMBER1987

OCTOBER1987

NOVEMBER1987

DECEMBER1987

JANUARY1988 *

DAYOFMO.

*An entry is necessary for the IAD 1/1/88 to provide the composite rate for interest computations covering the period running from 1/1/87 through 12/31/87 (i.e. when lastday of grace period was 12/31/86).

COMPOSITE INTEREST RATE TABLEU. S. CIVIL SERVICE RETIREMENT SYSTEM

COMPOSITE INTEREST RATES FOR MILITARY SERVICE CREDIT DEPOSITSFOR INTEREST ACCRUAL DATES OCTOBER 1, 1987 THRU JANUARY 1, 1989

DAYOFMO.

OCTOBER1987

NOVEMBER1987

DECEMBER1987

JANUARY1988

FEBRUARY1988

MARCH1988

APRIL1988

MAY1988

JUNE1988

JULY1988

AUGUST1988

SEPTEMBER1988

OCTOBER1988

NOVEMBER1988

DECEMBER1988

JANUARY1989 *

DAYOFMO.

12345

0.095310.095310.095250.095190.09514

O.093540.093480.093420.093360.09331

0.091770.091770.091710.09165 0.09159

0.090000.090000.089980.089970.08995

0.089480.089430.089410.089390.08938

0.088960.088960.088940.08892 0.08891

0.088440.088420.088400.08839 0.08837

0.087920.087920.087900.087880.08786

0.087400.087380.087360.087340.08733

0.086880.086880.086860.086840.08682

0.086350.086350.086340.086320.08630

0.085830.085820.085800.085780.08576

0.085310.085310.085300.085280.08526

0.084790.084770.084760.08474 0.08472

0.084270.084270.084250.08424 0.08422

0.08375

1 2 3 4 5

678910

0.095080.095020.094960.094900.09484

0.093250.093190.093130.093070.09301

0.091530.091480.091420.091360.09130

0.089930.089910.089900.089880.08986

0.089360.089340.089320.089310.08929

0.088890.088870.088850.088840.08882

0.088350.088330.088320.088300.08828

0.087850.087830.087810.087800.08778

0.087310.087290.087270.087260.08724

0.086810.086790.086770.086750.08674

0.086280.086270.086250.086230.08622

0.085750.085730.085710.085690.08568

0.085240.085230.085210.085190.08517

0.084700.084690.084670.084650.08464

0.084200.084180.084170.084150.08413

6 7 8 910

1112131415

0.094780.094720.094660.094600.09455

0.092950.092890.092830.092770.09272

0.091240.091180.091120.091060.09100

0.089840.089830.089810.089790.08977

0.089270.089250.089240.089220.08920

0.088800.088780.088770.088750.08873

0.088260.088250.088230.088210.08819

0.087760.087740.087730.087710.08769

0.087220.087200.087190.087170.08715

0.086720.086700.086680.086670.08665

0.086200.086180.086160.086150.08613

0.085660.085640.085630.085610.08559

0.085160.085140.085120.085100.08509

0.084620.084600.084580.084570.08455

0.084110.084100.084080.084060.08405

1112131415

1617181920

0.094490.094430.094370.094310.09425

0.092660.092600.092540.092480.09242

0.090940.090890.090830.090770.09071

0.089760.089740.089720.089700.08969

0.089180.089170.089150.089130.08911

0.088720.088700.088680.088660.08865

0.088180.088160.088140.088130.08811

0.087670.087660.087640.087620.08760

0.087140.087120.087100.087080.08707

0.086630.086610.086600.086580.08656

0.086110.086090.086080.086060.08604

0.085570.085560.085540.085520.08550

0.085070.085050.085030.085020.08500

0.084530.084510.084500.084480.08446

0.084030.084010.083990.083980.08396

17181920

2122232425

0.094190.094130.094070.094010.09395

0.092360.092300.092240.092180.09213

0.090650.090590.090530.090470.09041

0.089670.089650.089640.089620.08960

0.089100.089080.089060.089050.08903

0.088630.088610.088590.088580.08856

0.088090.088070.088060.088040.08802

0.087590.087570.087550.087530.08752

0.087050.087030.087010.087000.08698

0.086550.086530.086510.086490.08648

0.086020.086010.085990.085970.08595

0.085490.085470.085450.085430.08542

0.084980.084970.084950.084930.08491

0.084440.084430.084410.084390.08438

0.083940.083920.083910.083890.08387

2122232425

262728293031

0.093900.093840.093780.093720.093660.09360

0.092070.092010.091950.091890.09183

0.090350.090300.090240.090180.090120.09006

0.089580.089570.089550.089530.089510.08950

0.089010.088990.088980.08896

0.088540.088520.088510.088490.088470.08845

0.088000.087990.087970.087950.08793

0.087500.087480.087470.087450.087430.08741

0.086960.086940.086930.086910.08689

0.086460.086440.086420.086410.086390.08637

0.085940.085920.085900.085890.085870.08585

0.085400.085380.085360.085350.08533

0.084900.084880.084860.084840.084830.08481

0.084360.084340.084320.084310.08429

0.083850.083840.083820.083800.083780.08377

262728293031

DAYOFMO.

OCTOBER1987

NOVEMBER1987

DECEMBER1987

JANUARY1988

FEBRUARY1988

MARCH1988

APRIL1988

MAY1988

JUNE1988

JULY1988

AUGUST1988

SEPTEMBER1988

OCTOBER1988

NOVEMBER1988

DECEMBER1988

JANUARY1989 *

DAYOFMO.

*An entry is necessary for the IAD 1/1/89 to provide the composite rate for interest computations covering the period running from 1/1/88 through 12/31/88 (i.e. when last day of grace period was12/31/87).


U. S. CIVIL SERVICE RETIREMENT SYSTEMCOMPOSITE INTEREST RATES FOR MILITARY SERVICE CREDIT DEPOSITS

FOR INTEREST ACCRUAL DATES OCTOBER 1, 1988 THRU JANUARY 1, 1990

DAYOFMO.

OCTOBER1988

NOVEMBER1988

DECEMBER1988

JANUARY1989

FEBRUARY1989

MARCH1989

APRIL1989

MAY1989

JUNE1989

JULY1989

AUGUST1989

SEPTEMBER1989

OCTOBER1989

NOVEMBER1989

DECEMBER1989

JANUARY1990 *

DAYOFMO.

12345

0.085310.085310.085300.08528 0.08526

O.084790.084770.084760.084740.08472

0.084270.084270.084250.08424 0.08422

0.083750.083750.083770.083790.08381

0.084380.084400.084420.084440.08446

0.085000.085000.085020.08504 0.08506

0.085630.085650.085670.08569 0.08571

0.086250.086250.086270.086290.08631

0.086880.086900.086920.086940.08696

0.087500.087500.087520.087540.08756

0.088130.088130.088150.088170.08819

0.088750.088770.088790.088810.08883

0.089380.089380.089400.089420.08944

0.090000.090020.090040.09006 0.09008

0.090630.090630.09065 0.09067 0.09069

0.09125

1 2 3 4 5

678910

0.085240.085230.085210.085190.08517

0.084700.084690.084670.084650.08464

0.084200.084180.084170.084150.08413

0.083830.083850.083880.083900.08392

0.084480.084500.084520.084540.08456

0.085080.085100.085130.085150.08517

0.085730.085750.085770.085790.08581

0.086330.086350.086380.086400.08642

0.086980.087000.087020.087040.08706

0.087580.087600.087630.087650.08767

0.088210.088230.088250.088270.08829

0.088850.088880.088900.088920.08894

0.089460.089480.089500.089520.08954

0.090100.090130.090150.090170.09019

0.090710.090730.090750.090770.09079

6 7 8 910

1112131415

0.085160.085140.085120.085100.08509

0.084620.084600.084580.084570.08455

0.084110.084100.084080.084060.08405

0.083940.083960.083980.084000.08402

0.084580.084600.084630.084650.08467

0.085190.085210.085230.085250.08527

0.085830.085850.085880.085900.08592

0.086440.086460.086480.086500.08652

0.087080.087100.087130.087150.08717

0.087690.087710.087730.087750.08777

0.088310.088330.088350.088380.08840

0.088960.088980.089000.089020.08904

0.089560.089580.089600.089630.08965

0.090210.090230.090250.090270.09029

0.090810.090830.090850.090880.09090

1112131415

1617181920

0.085070.085050.085030.085020.08500

0.084530.084510.084500.084480.08446

0.084030.084010.083990.083980.08396

0.084040.084060.084080.084100.08413

0.084690.084710.084730.084750.08477

0.085290.085310.085330.085350.08538

0.085940.085960.085980.086000.08602

0.086540.086560.086580.086600.08663

0.087190.087210.087230.087250.08727

0.087790.087810.087830.087850.08788

0.088420.088440.088460.088480.08850

0.089060.089080.089100.089130.08915

0.089670.089690.089710.089730.08975

0.090310.090330.090350.090380.09040

0.090920.090940.090960.090980.09100

17181920

2122232425

0.084980.084970.084950.084930.08491

0.084440.084430.084410.084390.08438

0.083940.083920.083910.083890.08387

0.084150.084170.084190.084210.08423

0.084790.084810.084830.084850.08488

0.085400.085420.085440.085460.08548

0.086040.086060.086080.086100.08613

0.086650.086670.086690.086710.08673

0.087290.087310.087330.087350.08638

0.087900.087920.087940.087960.08798

0.088520.088540.088560.088580.08860

0.089170.089190.089210.089230.08925

0.089770.089790.089810.089830.08985

0.090420.090440.090460.090480.09050

0.091020.091040.091060.091080.09110

2122232425

262728293031

0.084900.084880.084860.084840.084830.08481

0.084360.084340.084320.084310.08429

0.083850.083840.083820.083800.083780.08377

0.084250.084270.084290.084310.084330.08435

0.084900.084920.08494

0.085500.085520.085540.085560.085580.08560

0.086150.086170.086190.086210.08623

0.087500.087480.087470.087450.087430.08741

0.087400.087420.087440.087460.08748

0.088000.088020.088040.088060.088080.08810

0.088630.088650.088670.088690.088710.08873

0.089270.089290.089310.089330.08935

0.089880.089900.089920.089940.089960.08998

0.090520.090540.090560.090580.09060

0.091130.091150.091170.091190.091210.09123

262728293031

DAYOFMO.

OCTOBER1988

NOVEMBER1988

DECEMBER1988

JANUARY1989

FEBRUARY1989

MARCH1989

APRIL1989

MAY1989

JUNE1989

JULY1989

AUGUST1989

SEPTEMBER1989

OCTOBER1989

NOVEMBER1989

DECEMBER1989

JANUARY1990 *

DAYOFMO.





DAYOFMO.

OCTOBER1989

NOVEMBER1989

DECEMBER1989

JANUARY1990

FEBRUARY1990

MARCH1990

APRIL1990

MAY1990

JUNE1990

JULY1990

AUGUST1990

SEPTEMBER1990

OCTOBER1990

NOVEMBER1990

DECEMBER1990

JANUARY1991 *

DAYOFMO.

12345

0.089380.089380.089400.08942 0.08944

O.090000.090020.090040.090060.09008

0.090630.090630.090650.09067 0.09069

0.091250.091250.091240.091230.09122

0.090940.090930.090920.090910.09090

0.090630.090630.090610.09060 0.09059

0.090310.090300.090290.09028 0.09027

0.090000.090000.089990.089980.08997

0.089690.089680.089670.089660.08965

0.089380.089380.089360.089350.08934

0.089060.089060.089050.089040.08903

0.088750.088740.088730.088720.08871

0.088440.088440.088430.088420.08841

0.088130.088110.088100.08809 0.08808

0.087810.087810.08780 0.08779 0.08778

0.08750

1 2 3 4 5

678910

0.089460.089480.089500.089520.08954

0.090100.090130.090150.090170.09019

0.090710.090730.090750.090770.09079

0.091210.091200.091190.091180.09117

0.090890.090880.090860.090850.09084

0.090580.090570.090560.090550.09054

0.090260.090250.090240.090230.09022

0.089960.089950.089940.089930.08992

0.089640.089630.089610.089600.08959

0.089330.089320.089310.089300.08929

0.089020.089010.089000.088990.08898

0.088700.088690.088680.088670.08866

0.088400.088390.088380.088360.08835

0.088070.088060.088050.088040.08803

0.087770.087760.087750.087740.08773

6 7 8 910

1112131415

0.089560.089580.089600.089630.08965

0.090210.090230.090250.090270.09029

0.090810.090830.090850.090880.09090

0.091160.091150.091140.091130.09111

0.090830.090820.090810.090800.09079

0.090530.090520.090510.090500.09049

0.090210.090200.090190.090180.09017

0.089910.089900.089890.089880.08986

0.089580.089570.089560.089550.08954

0.089280.089270.089260.089250.08924

0.088970.088960.088950.088940.08893

0.088650.088640.088630.088610.08860

0.088340.088330.088320.088310.08830

0.088020.088010.088000.087990.08798

0.087720.087710.087700.087690.08768

1112131415

1617181920

0.089670.089690.089710.089730.08975

0.090310.090330.090350.090380.09040

0.090920.090940.090960.090980.09100

0.091100.091090.091080.091070.09106

0.090780.090770.090760.090750.09074

0.090480.090470.090460.090450.09044

0.090160.090150.090140.090130.09011

0.089850.089840.089830.089820.08981

0.089530.089520.089510.089500.08949

0.089230.089220.089210.089200.08919

0.088920.088910.088900.088890.08888

0.088590.088580.088570.088560.08855

0.088290.088280.088270.088260.08825

0.087970.087960.087950.087940.08793

0.087670.087660.087650.087640.08763

17181920

2122232425

0.089770.089790.089810.089830.08985

0.090420.090440.090460.090480.09050

0.091020.091040.091060.091080.09110

0.091050.091040.091030.091020.09101

0.090730.090720.090710.090700.09069

0.090430.090420.090410.090400.09039

0.090100.090090.090080.090070.09006

0.089800.089790.089780.089770.08976

0.089480.089470.089460.089450.08944

0.089180.089170.089160.089150.08914

0.088860.088850.088840.088830.08882

0.088540.088530.088520.088510.08850

0.088240.088230.088220.088210.08820

0.087920.087910.087900.087890.08788

0.087610.087600.087590.087580.08757

2122232425

262728293031

0.089880.089900.089920.089940.089960.08998

0.090520.090540.090560.090580.09060

0.091130.091150.091170.091190.091210.09123

0.091000.090990.090980.090970.090960.09095

0.090680.090670.09066

0.090380.090360.090350.090340.090330.09032

0.090050.090040.090030.090020.09001

0.089750.089740.089730.089720.089710.08970

0.089430.089420.089410.089400.08939

0.089130.089110.089100.089090.089080.08907

0.088810.088800.088790.088780.088770.08876

0.088490.088480.088470.088460.08845

0.088190.088180.088170.088160.088150.08814

0.087860.087850.087540.087830.08782

0.087560.087550.087540.087530.087520.08751

262728293031

DAYOFMO.

OCTOBER1989

NOVEMBER1989

DECEMBER1989

JANUARY1990

FEBRUARY1990

MARCH1990

APRIL1990

MAY1990

JUNE1990

JULY1990

AUGUST1990

SEPTEMBER1990

OCTOBER1990

NOVEMBER1990

DECEMBER1990

JANUARY1991 *

DAYOFMO.





DAYOFMO.

OCTOBER1990

NOVEMBER1990

DECEMBER1990

JANUARY1991

FEBRUARY1991

MARCH1991

APRIL1991

MAY1991

JUNE1991

JULY1991

AUGUST1991

SEPTEMBER1991

OCTOBER1991

NOVEMBER1991

DECEMBER1991

JANUARY1992 *

DAYOFMO.

12345

0.088440.088440.088430.08842 0.08841

O.088130.088110.088100.088090.08808

0.087810.087810.087800.08779 0.08778

0.087500.087500.087500.087490.08749

0.087400.087390.087390.087390.08738

0.087290.087290.087290.08728 0.08728

0.087190.087180.087180.08718 0.08717

0.087080.087080.087080.087080.08707

0.086980.086980.086970.086970.08697

0.086880.086880.086870.086870.08686

0.086770.086770.086770.086760.08676

0.086670.086660.086660.086660.08665

0.086560.086560.086560.086560.08655

0.086460.086450.086450.08645 0.08644

0.086350.086350.08635 0.08635 0.08634

0.08625

1 2 3 4 5

6789

10

0.088400.088390.088380.088360.08835

0.088070.088060.088050.088040.08803

0.087770.087760.087750.087740.08773

0.087490.087480.087480.087480.08747

0.087380.087380.087370.087370.08736

0.087280.087270.087270.087270.08726

0.087170.087170.087160.087160.08716

0.087070.087070.087060.087060.08706

0.086960.086960.086950.086950.08695

0.086860.086860.086850.086850.08685

0.086760.086750.086750.086750.08674

0.086650.086650.086640.086640.08664

0.086550.086550.086540.086540.08653

0.086440.086440.086430.086430.08643

0.086340.086340.086330.086330.08633

6 7 8 910

1112131415

0.088340.088330.088320.088310.08830

0.088020.088010.088000.087990.08798

0.087720.087710.087700.087690.08768

0.087470.087470.087460.087460.08745

0.087360.087360.087350.087350.08735

0.087260.087260.087250.087250.08725

0.087150.087150.087150.087140.08714

0.087050.087050.087050.087040.08704

0.086940.086940.086940.086930.08693

0.086840.086840.086840.086830.08683

0.086740.086740.086730.086730.08673

0.086630.086630.086630.086620.08662

0.086530.086530.086520.086520.08652

0.086420.086420.086420.086410.08641

0.086320.086320.086320.086310.08631

1112131415

1617181920

0.088290.088280.088270.088260.08825

0.087970.087950.087950.087940.08793

0.087670.087660.087650.087640.08763

0.087450.087450.087440.087440.08744

0.087340.087340.087340.087330.08733

0.087240.087240.087240.087230.08723

0.087140.087130.087130.087130.08712

0.087030.087030.087030.087020.08702

0.086930.086920.086920.086920.08691

0.086830.086820.086820.086820.08681

0.086720.086720.086720.086710.08671

0.086610.086610.086610.086600.08660

0.086510.086510.086510.086500.08650

0.086410.086400.086400.086400.08639

0.086310.086300.086300.086300.08629

17181920

2122232425

0.088240.088230.088220.088210.08820

0.087920.087910.087900.087890.08788

0.087610.087600.087590.087580.08757

0.087430.087430.087430.087420.08742

0.087330.087320.087320.087320.08731

0.087230.087220.087220.087220.08721

0.087120.087110.087110.087110.08710

0.087020.087010.087010.087010.08700

0.086910.086910.086900.086900.08690

0.086810.086810.086800.086800.08680

0.086700.086700.086700.086690.08669

0.086600.086590.086590.086590.08658

0.086500.086490.086490.086490.08648

0.086390.086390.086380.086380.08638

0.086290.086280.086280.086280.08627

2122232425

262728293031

0.088190.088180.088170.088160.088150.08814

0.087860.087850.087840.087830.08782

0.087560.087550.087540.087530.087520.08751

0.087420.087410.087410.087410.087400.08740

0.087310.087310.08730

0.087210.087200.087200.087200.087190.08719

0.087100.087100.087090.087090.08709

0.087000.087000.086990.086990.086990.08698

0.086890.086890.086890.086880.08688

0.086790.086790.086780.086780.086780.08677

0.086690.086680.086680.086680.086670.08667

0.086580.086580.086570.086570.08657

0.086480.086480.086470.086470.086470.08646

0.086370.086370.086360.086360.08636

0.086270.086270.086260.086260.086260.08625

262728293031

DAYOFMO.

OCTOBER1990

NOVEMBER1990

DECEMBER1990

JANUARY1991

FEBRUARY1991

MARCH1991

APRIL1991

MAY1991

JUNE1991

JULY1991

AUGUST1991

SEPTEMBER1991

OCTOBER1991

NOVEMBER1991

DECEMBER1991

JANUARY1992 *

DAYOFMO.

*An entry is necessary for the IAD 1/1/92 to provide the composite rate for interest computations covering the period running from 1/1/91 through 12/31/91 (i.e. when last day of grace period was 12/31/90).




DAYOFMO.

OCTOBER1991

NOVEMBER1991

DECEMBER1991

JANUARY1992

FEBRUARY1992

MARCH1992

APRIL1992

MAY1992

JUNE1992

JULY1992

AUGUST1992

SEPTEMBER1992

OCTOBER1992

NOVEMBER1992

DECEMBER1992

JANUARY1993 *

DAYOFMO.

12345

0.086560.086560.086560.08655 0.08655

O.086460.086450.086450.086450.08644

0.086350.086350.086350.08634 0.08634

0.086250.086240.086220.086210.08619

0.085830.085820.085810.085790.08578

0.085420.085400.085390.08538 0.08536

0.085000.084990.084970.08496 0.08494

0.084580.084570.084560.084540.08453

0.084170.084150.084140.084130.08411

0.083750.083740.083720.083710.08369

0.083330.083320.083310.083290.08328

0.082920.082900.082890.082880.08286

0.082500.082500.082490.082470.08246

0.082080.082070.082060.08204 0.08203

0.081670.081650.08164 0.08163 0.08161

0.08125

1 2 3 4 5

6789

10

0.086550.086540.086540.086530.08653

0.086440.086440.086430.086430.08643

0.086340.086330.086330.086330.08632

0.086180.086170.086150.086140.08613

0.085760.085750.085740.085720.08571

0.085350.085330.085320.085310.08529

0.084930.084920.084900.084890.08488

0.084510.084500.084490.084470.08446

0.084100.084080.084070.084060.08404

0.083680.083670.083650.083640.08363

0.083260.083250.083240.083220.08321

0.082850.082830.082820.082810.08279

0.082440.082430.082420.082400.08239

0.082010.082000.081990.081970.08196

0.081600.084580.081570.081560.08154

6 7 8 910

1112131415

0.086530.086520.086520.086520.08651

0.086420.086420.086420.086410.08641

0.086320.086320.086310.086310.08631

0.086110.086100.086080.086070.08606

0.085690.085680.085670.085650.08564

0.085280.085260.085250.085240.08522

0.084860.084850.084830.084820.08481

0.084440.084430.084420.084400.08439

0.084030.084010.084000.083990.08397

0.083610.083600.083580.083570.08356

0.083190.083180.083170.083150.08314

0.082780.082760.082750.082740.08272

0.082380.082360.082350.082330.08232

0.081940.081930.081920.081900.08189

0.081530.081510.081500.081490.08147

1112131415

1617181920

0.086510.086510.086500.086500.08650

0.086410.086400.086400.086400.08639

0.086300.086300.086300.086290.08629

0.086040.086030.086010.086000.08599

0.085630.085610.085600.085580.08557

0.085210.085190.085180.085170.08515

0.084790.084780.084760.084750.08474

0.084380.084360.084350.084330.08432

0.083960.083940.083930.083920.08390

0.083540.083530.083510.083500.08349

0.083130.083110.083100.083080.08307

0.082710.082690.082680.082670.08265

0.082310.082290.082280.082260.08225

0.081880.081860.081850.081830.08182

0.081460.081440.081430.081420.08140

17181920

2122232425

0.086490.086490.086490.086480.08648

0.086390.086390.086380.086380.08638

0.086280.086280.086280.086270.08627

0.085970.085960.085940.085930.08592

0.085560.085540.085530.085510.08550

0.085140.085130.085110.085100.08508

0.084720.084710.084690.084680.08467

0.084310.084290.084280.084260.08425

0.083890.083890.083860.083850.08383

0.083470.083460.083440.083430.08342

0.083060.083040.083030.083010.08300

0.082640.082630.082610.082600.08258

0.082240.082220.082210.082190.08218

0.081810.081790.081780.081760.08175

0.081390.081380.081360.081350.08133

2122232425

262728293031

0.086480.086470.086470.086470.086460.08646

0.086370.086370.086360.086360.08636

0.086270.086260.086260.086260.086250.08625

0.085900.085890.085880.085860.085850.08583

0.085490.085470.085460.08544

0.085070.085060.085040.085030.085010.08500

0.084650.084640.084630.084610.08460

0.084240.084220.084210.084190.084180.08417

0.083820.083810.083790.083780.08376

0.083400.083390.083380.083360.083350.08333

0.082990.082970.082960.082940.082930.08292

0.082570.082560.082540.082530.08251

0.082170.082150.082140.082130.082110.08210

0.081740.081720.081710.081690.08168

0.081320.081310.081290.081280.081260.08125

262728293031

DAYOFMO.

OCTOBER1991

NOVEMBER1991

DECEMBER1991

JANUARY1992

FEBRUARY1992

MARCH1992

APRIL1992

MAY1992

JUNE1992

JULY1992

AUGUST1992

SEPTEMBER1992

OCTOBER1992

NOVEMBER1992

DECEMBER1992

JANUARY1993 *

DAYOFMO.


COMPOSITE INTEREST RATE TABLEU. S. CIVIL SERVICE RETIREMENT SYSTEM

COMPOSITE INTEREST RATES FOR MILITARY SERVICE CREDIT DEPOSITSFOR INTEREST ACCRUAL DATES OCTOBER 1, 1992 THRU JANUARY 1, 1994

DAYOFMO.

OCTOBER1992

NOVEMBER1992

DECEMBER1992

JANUARY1993

FEBRUARY1993

MARCH1993

APRIL1993

MAY1993

JUNE1993

JULY1993

AUGUST1993

SEPTEMBER1993

OCTOBER1993

NOVEMBER1993

DECEMBER1993

JANUARY1994 *

DAYOFMO.

12345

0.082500.082500.082490.08247 0.08246

O.082080.082070.082060.082040.08203

0.081670.081670.081650.08164 0.08163

0.081250.081250.081220.081190.08117

0.080420.080390.080360.080330.08031

0.079580.079580.079560.07953 0.07950

0.078750.078720.078690.07867 0.07864

0.077920.077920.077890.077860.07783

0.077080.077060.077030.077000.07697

0.076250.076250.076220.076190.07617

0.075420.075420.075390.075360.07533

0.074580.074560.074530.074500.07447

0.073750.073750.073720.073690.07367

0.072920.072890.072860.07283 0.07281

0.072080.072080.07206 0.07203 0.07200

0.07125

1 2 3 4 5

6789

10

0.082440.082430.082420.082400.08239

0.082010.082000.081990.081970.08196

0.081610.081600.081580.081570.08156

0.081140.081110.081080.081060.08103

0.080280.080250.080220.080190.08017

0.079470.079440.079420.079390.07936

0.078610.078580.078560.078530.07850

0.077810.077780.077750.077720.07769

0.076940.076920.076890.076860.07683

0.076140.076110.076080.076060.07603

0.075310.075280.075250.075220.07519

0.074440.074420.074390.074360.07433

0.073640.073610.073580.073560.07353

0.072780.072750.072720.072690.07267

0.071970.071940.071920.071890.07186

6 7 8 910

1112131415

0.082380.082360.082350.082330.08232

0.081940.081930.081920.081900.08189

0.081540.081530.081510.081500.08149

0.081000.080970.080940.080920.08089

0.080140.080110.080080.080060.08003

0.079330.079310.079280.079250.07922

0.078470.078440.078420.078390.07836

0.077670.077640.077610.077580.07756

0.076810.076780.076750.076720.07669

0.076000.075970.075940.075920.07589

0.075170.075140.075110.075080.07506

0.074310.074280.074250.074220.07419

0.073500.073470.073440.073420.07339

0.072640.072610.072580.072560.07253

0.071830.071810.071780.071750.07172

1112131415

1617181920

0.082310.082290.082280.082260.08225

0.081880.081860.081850.081830.08182

0.081470.081460.081440.081430.08142

0.080860.080830.080810.080780.08075

0.080000.079970.079940.079920.07989

0.079190.079170.079140.079110.07908

0.078330.078310.078280.078250.07822

0.077530.077500.077470.077440.07742

0.076670.076640.076610.076580.07656

0.075880.075830.075810.075780.07575

0.075030.075000.074970.074940.07492

0.074170.074140.074110.074080.07406

0.073360.073330.073310.073280.07325

0.072500.072470.072440.072420.07239

0.071690.071670.071640.071610.07158

17181920

2122232425

0.082240.082220.082210.082100.08218

0.081810.081790.081780.081760.08175

0.081400.081390.081380.081360.08135

0.080720.080690.080670.080640.08061

0.079860.079830.079810.079780.07975

0.079060.079030.079000.078970.07894

0.078190.078170.078140.078110.07808

0.077390.077360.077330.077310.07728

0.076530.076500.076470.076440.07642

0.075720.075690.075670.075640.07561

0.074890.074860.074830.074810.07478

0.074030.074000.073970.073940.07392

0.073220.073190.073170.073140.07311

0.072360.072330.072310.072280.07225

0.071560.071530.071500.071470.07144

2122232425

262728293031

0.082170.082150.082140.082130.082110.08210

0.081740.081720.081710.081690.08168

0.081330.081320.081310.081290.081280.08126

0.080580.080560.080530.080500.080470.08044

0.079720.079690.07967

0.078920.078890.078860.078830.078810.07878

0.078060.078030.078000.077970.07794

0.077250.077220.077190.077170.077140.07711

0.076390.076360.076330.076310.07628

0.075580.075560.075530.075500.075470.07544

0.074750.074720.074690.074670.074640.07461

0.073890.073860.073830.073810.07378

0.073080.073060.073030.073000.072970.07294

0.072220.072190.072170.072140.07211

0.071420.071390.071360.071330.071310.07128

262728293031

DAYOFMO.

OCTOBER1992

NOVEMBER1992

DECEMBER1992

JANUARY1993

FEBRUARY1993

MARCH1993

APRIL1993

MAY1993

JUNE1993

JULY1993

AUGUST1993

SEPTEMBER1993

OCTOBER1993

NOVEMBER1993

DECEMBER1993

JANUARY1994 *

DAYOFMO.





DAYOFMO.

OCTOBER1993

NOVEMBER1993

DECEMBER1993

JANUARY1994

FEBRUARY1994

MARCH1994

APRIL1994

MAY1994

JUNE1994

JULY1994

AUGUST1994

SEPTEMBER1994

OCTOBER1994

NOVEMBER1994

DECEMBER1994

JANUARY1995 *

DAYOFMO.

12345

0.073750.073750.073720.073690.07367

O.072920.072890.072860.072830.07281

0.072080.072080.072060.07203 0.07200

0.071250.071250.071230.071200.07118

0.070520.070450.070420.070400.07038

0.069790.069790.069770.06974 0.06972

0.069060.069040.069010.06899 0.06897

0.068330.068330.068310.068280.06826

0.067600.067580.067560.067530.06751

0.066880.066880.066850.066830.06680

0.066150.066150.066120.066100.06607

0.065420.065390.065370.065340.06532

0.064690.064690.064660.064640.06461

0.063960.063930.063910.06389 0.06386

0.063230.063230.06320 0.06318 0.06316

0.06250

1 2 3 4 5

678910

0.073640.073610.073580.073560.07353

0.072780.072750.072720.072690.07267

0.071970.071940.071920.071890.07186

0.071150.071130.071100.071080.07106

0.070350.070330.070300.070280.07025

0.069690.069670.069650.069620.06960

0.068940.068920.068890.068870.06884

0.068240.068210.068190.068160.06814

0.067480.067460.067430.067410.06739

0.066780.066750.066730.066700.06668

0.066050.066020.066000.065980.06595

0.065300.065270.065250.065220.06520

0.064590.064570.064540.064520.06449

0.063840.063810.063790.063760.06374

0.063130.063110.063080.063060.06303

6 7 8 910

1112131415

0.073500.073470.073440.073420.07339

0.072640.072610.072580.072560.07253

0.071830.071810.071780.071750.07172

0.071030.071010.070980.070960.07093

0.070230.070200.070180.070160.07013

0.069570.069550.069520.069500.06948

0.068820.068800.068770.068750.06872

0.068110.068090.068070.068040.06802

0.067360.067340.067310.067290.06726

0.066660.066630.066610.066580.06656

0.065930.065900.065880.065850.06583

0.065170.065150.065130.065100.06508

0.064470.064440.064420.064400.06437

0.063720.063690.063670.063640.06362

0.063010.062990.092960.062940.06291

1112131415

1617181920

0.073360.073330.073310.073280.07325

0.072500.072470.072440.072420.07239

0.071690.071670.071640.071610.07158

0.070910.070890.070860.070840.07081

0.070110.070080.070060.070030.07001

0.069450.069430.069400.069380.06935

0.068700.068670.068650.068630.06860

0.067990.067970.067940.067920.06790

0.067240.067220.067190.067170.06714

0.066530.066510.066490.066460.06644

0.065810.065780.065760.065730.06571

0.065050.065030.065000.064980.06495

0.064350.064320.064300.064270.06425

0.063590.063570.063550.063520.06350

0.062890.062860.062840.062820.06279

17181920

2122232425

0.073220.073190.073170.073140.07311

0.072360.072330.072310.072280.07225

0.071560.071530.071500.071470.07144

0.070790.070760.070740.070720.07069

0.069990.069960.069940.069910.06989

0.069330.069310.069280.069260.06923

0.068580.068550.068530.068500.06848

0.067870.067850.067820.067800.06777

0.067120.067090.067070.067050.06702

0.066410.066390.066360.066340.06632

0.065680.065660.065640.065610.06559

0.064930.064910.064880.064860.06483

0.064230.064200.064180.064150.06413

0.063470.063450.063420.063400.06338

0.062770.062740.062720.062690.06267

2122232425

262728293031

0.073080.073060.073030.073000.072970.07294

0.072220.072190.072170.072140.07211

0.071420.071390.071360.071330.071310.07128

0.070670.070640.070620.070590.070570.07055

0.069860.069840.06982

0.069210.069180.069160.069140.069110.06909

0.068450.068430.068410.068380.06836

0.067750.067730.067700.067680.067650.06763

0.067000.066970.066950.066920.06690

0.066290.066270.066240.066220.066190.06617

0.065560.065540.065510.065490.065470.06544

0.064810.064780.064760.064740.06471

0.064100.064080.064060.064030.064010.06398

0.063350.063330.063300.063280.06325

0.062650.062620.062600.062570.062550.06252

262728293031

DAYOFMO.

OCTOBER1993

NOVEMBER1993

DECEMBER1993

JANUARY1994

FEBRUARY1994

MARCH1994

APRIL1994

MAY1994

JUNE1994

JULY1994

AUGUST1994

SEPTEMBER1994

OCTOBER1994

NOVEMBER1994

DECEMBER1994

JANUARY1995 *

DAYOFMO.





DAYOFMO.

OCTOBER1994

NOVEMBER1994

DECEMBER1994

JANUARY1995

FEBRUARY1995

MARCH1995

APRIL1995

MAY1995

JUNE1995

JULY1995

AUGUST1995

SEPTEMBER1995

OCTOBER1995

NOVEMBER1995

DECEMBER1995

JANUARY1996 *

DAYOFMO.

12345

0.064690.064690.064660.06464 0.06461

O.063960.063930.063910.063890.06386

0.063230.063230.063200.06318 0.06316

0.062500.062500.062520.062540.06256

0.063130.063190.063210.063230.06325

0.063750.063750.063770.06379 0.06381

0.064380.064400.064420.06444 0.06446

0.065000.065000.065020.065040.06506

0.065630.065650.065670.065690.06571

0.066250.066250.066270.066290.06631

0.066880.066880.066900.066920.06694

0.067500.067520.067540.067560.06758

0.068130.068130.068150.068170.06819

0.068750.068770.068790.06881 0.06883

0.069380.069380.06940 0.06942 0.06944

0.07000

1 2 3 4 5

678910

0.064590.064570.064540.064520.06449

0.063840.063810.063790.063760.06374

0.063130.063110.063080.063060.06303

0.062580.062600.062630.062650.06267

0.063270.063290.063310.063330.06335

0.063830.063850.063880.063900.06392

0.064480.064500.064520.064540.06456

0.065080.065100.065130.065150.06517

0.065730.065750.065770.065790.06581

0.066330.066350.066380.066400.06642

0.066960.066980.067000.067020.06704

0.067600.067630.067650.067670.06769

0.068210.068230.068250.068270.06829

0.068850.068880.068900.068920.06894

0.069460.069480.069500.069520.06954

6 7 8 910

1112131415

0.064470.064440.064420.064400.06437

0.063720.063690.063670.063640.06362

0.063010.062990.062960.062940.06291

0.062690.062710.062730.062750.06277

0.063380.063400.063420.063440.06346

0.063940.063960.063980.064000.06402

0.064580.064600.064300.064650.06467

0.065190.065210.065230.065250.06527

0.065830.065850.065880.065900.06592

0.066440.066460.066480.066500.06652

0.067060.067080.067100.067130.06715

0.067710.067730.067750.067770.06779

0.068310.068330.068350.068380.06840

0.068960.068980.069000.069020.06904

0.069560.069580.069600.069630.06965

1112131415

1617181920

0.064350.064320.064300.064270.06425

0.063590.063570.063550.063520.06350

0.062890.062860.062840.062820.06279

0.062790.062810.062830.062850.06288

0.063480.063500.063520.063540.06356

0.064040.064060.064080.064100.06413

0.064690.064710.064730.064750.06477

0.065290.065310.065330.065350.06538

0.065940.065960.065980.066000.06602

0.066540.066560.066580.066600.06663

0.067170.067190.067210.067230.06725

0.067810.067830.067850.067880.06790

0.068420.068440.068460.068480.06850

0.069060.069080.069100.069130.06915

0.069670.069690.069710.069730.06975

17181920

2122232425

0.064230.064200.064180.064150.06413

0.063470.063450.063420.063400.06338

0.062770.062740.062720.062690.06267

0.062900.062920.062940.062960.06298

0.063580.063600.063630.063650.06367

0.064150.064170.064190.064210.06423

0.064790.064810.064830.064850.06488

0.065400.065420.065440.065460.06548

0.066040.066060.066080.066100.06613

0.066650.066670.066690.066710.06673

0.067270.067290.067310.067330.06735

0.067920.067940.067960.067980.06800

0.068520.068540.068560.068580.06860

0.069170.069190.069210.069230.06925

0.069770.069790.069810.069830.06985

2122232425

262728293031

0.064100.064080.064060.064030.064010.06398

0.063350.063330.063300.063280.06325

0.062650.062620.062600.062570.062550.06252

0.063000.063020.063040.063060.063080.06310

0.063690.063710.06373

0.064250.064270.064290.064310.064330.06435

0.064900.064920.064940.064960.06498

0.065500.065520.065540.065560.065580.06560

0.066150.066170.066190.066210.06623

0.066750.066770.066790.066810.066830.06685

0.067380.067400.067420.067440.067460.06748

0.068020.068040.068060.068080.06810

0.068630.068650.068670.068690.068710.06873

0.069270.069290.069310.069330.06935

0.069880.069900.069920.069940.069960.06998

262728293031

DAYOFMO.

OCTOBER1994

NOVEMBER1994

DECEMBER1994

JANUARY1995

FEBRUARY1995

MARCH1995

APRIL1995

MAY1995

JUNE1995

JULY1995

AUGUST1995

SEPTEMBER1995

OCTOBER1995

NOVEMBER1995

DECEMBER1995

JANUARY1996 *

DAYOFMO.





DAYOFMO.

OCTOBER1995

NOVEMBER1995

DECEMBER1995

JANUARY1996

FEBRUARY1996

MARCH1996

APRIL1996

MAY1996

JUNE1996

JULY1996

AUGUST1996

SEPTEMBER1996

OCTOBER1996

NOVEMBER1996

DECEMBER1996

JANUARY1997*

DAYOFMO.

12345

0.068130.068130.068150.06817 0.06819

O.068750.068770.068790.068810.06883

0.069380.069380.069400.06942 0.06944

0.070000.070000.070000.069990.06999

0.069900.069890.069890.069880.06988

0.069790.069790.069790.06978 0.06978

0.069690.069680.069680.06968 0.06967

0.069580.069580.069580.069580.06957

0.069480.069480.069470.069470.06947

0.069380.069380.069370.069370.06936

0.069270.069270.069270.069260.06926

0.069170.069160.069160.069160.06915

0.069060.069060.069060.069060.06905

0.068960.068950.068950.06895 0.06894

0.068850.068850.06885 0.06885 0.06884

0.06875

1 2 3 4 5

678910

0.068210.068230.068250.068270.06829

0.068850.068880.068900.068920.06894

0.069460.069480.069500.069520.06954

0.069990.069980.069980.069980.06997

0.069880.069870.069870.069860.06986

0.069780.069770.069770.069770.06976

0.069670.069670.069660.069660.06966

0.069570.069570.069560.069560.06956

0.069460.069460.069450.069450.06945

0.069360.069360.069350.069350.06935

0.069260.069250.069250.069250.06924

0.069150.069150.069140.069140.06914

0.069050.069050.069040.069040.06903

0.068940.068940.068930.068930.06893

0.068840.068840.068830.068830.06883

6 7 8 910

1112131415

0.068310.068330.068350.068380.06840

0.068960.068980.069000.069020.06904

0.069560.069580.069600.069630.06965

0.069970.069970.069960.069960.06995

0.069860.069850.069850.069850.06984

0.069760.069760.069750.069750.06975

0.069650.069650.069650.069640.06964

0.069550.069550.069550.069540.06954

0.069440.069440.069440.069430.06943

0.069340.069340.069340.069330.06933

0.069240.069240.069230.069230.06923

0.069130.069130.069130.069120.06912

0.069030.069030.069020.069020.06902

0.068920.068920.068920.068910.06891

0.068820.068820.068820.068810.06881

1112131415

1617181920

0.068420.068440.068460.068480.06850

0.069060.069080.069100.069130.06915

0.069670.069690.069710.069730.06975

0.069950.069950.069940.069940.06994

0.069840.069840.069830.069830.06983

0.069740.069740.069740.069730.06973

0.069640.069630.069630.069630.06962

0.069530.069530.069530.069520.06952

0.069430.069420.069420.069420.06941

0.069330.069320.069320.069320.06931

0.069220.069220.069220.069210.06921

0.069110.069110.069110.069100.06910

0.069010.069010.069010.069000.06900

0.068910.068900.068900.068900.06889

0.068810.068800.068800.068800.06879

17181920

2122232425

0.068520.068540.068560.068580.06860

0.069170.069190.069210.069230.06925

0.069770.069790.069810.069830.06985

0.069930.069930.069930.069920.06992

0.069820.069820.069820.069810.06981

0.069730.069720.069720.069720.06971

0.069620.069610.069610.069610.06960

0.069520.069510.069510.069510.06950

0.069410.069410.069400.069400.06940

0.069310.069310.069300.069300.06930

0.069200.069200.069200.069190.06919

0.069100.069090.069090.069090.06908

0.069000.068990.068990.068990.06898

0.068890.068890.068880.068880.06888

0.068790.068780.068780.068780.06877

2122232425

262728293031

0.068630.068650.068670.068690.068710.06873

0.069270.069290.069310.069330.06935

0.069880.069900.069920.069940.069960.06998

0.069920.069910.069910.069910.069900.06990

0.069810.069800.069800.06980

0.069710.069700.069700.069700.069690.06969

0.069600.069600.069590.069590.06959

0.069500.069500.069490.069490.069490.06948

0.069390.069390.069390.069380.06938

0.069290.069290.069280.069280.069280.06927

0.069190.069180.069180.069180.069170.06917

0.069080.069080.069070.069070.06907

0.068980.068980.068970.068970.068970.06896

0.068870.068870.068860.068860.06886

0.068770.068770.068760.068760.068760.06875

262728293031

DAYOFMO.

OCTOBER1995

NOVEMBER1995

DECEMBER1995

JANUARY1996

FEBRUARY1996

MARCH1996

APRIL1996

MAY1996

JUNE1996

JULY1996

AUGUST1996

SEPTEMBER1996

OCTOBER1996

NOVEMBER1996

DECEMBER1996

JANUARY1997 *

DAYOFMO.




FOR INTEREST ACCRUAL DATES OCTOBER 1, 1996 THRU JANUARY 1,1998

DAYOFMO.

OCTOBER1996

NOVEMBER1996

DECEMBER1996

JANUARY1997

FEBRUARY1997

MARCH1997

APRIL1997

MAY1997

JUNE1997

JULY1997

AUGUST1997

SEPTEMBER1997

OCTOBER1997

NOVEMBER1997

DECEMBER1997

JANUARY1998

DAYOFMO.

12345

0.069060.069060.069060.06906 0.06905

O.068960.068950.068950.068950.06894

0.068850.068850.068850.06885 0.06884

0.068750.068750.068750.068750.06875

0.068750.068750.068750.068750.06875

0.068750.068750.068750.06875 0.06875

0.068750.068750.068750.06875 0.06875

0.068750.068750.068750.068750.06875

0.068750.068750.068750.068750.06875

0.068750.068750.068750.068750.06875

0.068750.068750.068750.068750.06875

0.068750.068750.068750.068750.06875

0.068750.068750.068750.068750.06875

0.068750.068750.068750.06875 0.06875

0.068750.068750.06875 0.06875 0.06875

1 2 3 4 5

678910

0.069050.069050.069040.069040.06903

0.068940.068940.068930.068930.06893

0.068840.068840.068830.068830.06883

0.068750.068750.068750.068750.06875

0.068750.068750.068750.068750.06875

0.068750.068750.068750.068750.06875

0.068750.068750.068750.068750.06875

0.068750.068750.068750.068750.06875

0.068750.068750.068750.068750.06875

0.068750.068750.068750.068750.06875

0.068750.068750.068750.068750.06875

0.068750.068750.068750.068750.06875

0.068750.068750.068750.068750.06875

0.068750.068750.068750.068750.06875

0.068750.068750.068750.068750.06875

6 7 8 910

1112131415

0.069030.069030.069020.069020.06902

0.068920.068920.068920.068910.06891

0.068820.068820.068820.068810.06881

0.068750.068750.068750.068750.06875

0.068750.068750.068750.068750.06875

0.068750.068750.068750.068750.06875

0.068750.068750.068750.068750.06875

0.068750.068750.068750.068750.06875

0.068750.068750.068750.068750.06875

0.068750.068750.068750.068750.06875

0.068750.068750.068750.068750.06875

0.068750.068750.068750.068750.06875

0.068750.068750.068750.068750.06875

0.068750.068750.068750.068750.06875

0.068750.068750.068750.068750.06875

1112131415

1617181920

0.069010.069010.069010.069000.06900

0.068910.068900.068900.068900.06889

0.068810.068800.068800.068800.06879

0.068750.068750.068750.068750.06875

0.068750.068750.068750.068750.06875

0.068750.068750.068750.068750.06875

0.068750.068750.068750.068750.06875

0.068750.068750.068750.068750.06875

0.068750.068750.068750.068750.06875

0.068750.068750.068750.068750.06875

0.068750.068750.068750.068750.06875

0.068750.068750.068750.068750.06875

0.068750.068750.068750.068750.06875

0.068750.068750.068750.068750.06875

0.068750.068750.068750.068750.06875

17181920

2122232425

0.069000.068990.068990.068990.06898

0.068890.068890.068880.068880.06888

0.068790.068780.068780.068780.06877

0.068750.068750.068750.068750.06875

0.068750.068750.068750.068750.06875

0.068750.068750.068750.068750.06875

0.068750.068750.068750.068750.06875

0.068750.068750.068750.068750.06875

0.068750.068750.068750.068750.06875

0.068750.068750.068750.068750.06875

0.068750.068750.068750.068750.06875

0.068750.068750.068750.068750.06875

0.068750.068750.068750.068750.06875

0.068750.068750.068750.068750.06875

0.068750.068750.068750.068750.06875

2122232425

262728293031

0.068980.068980.068970.068970.068970.06896

0.068870.068870.068860.068860.06886

0.068770.068770.068760.068760.068760.06875

0.068750.068750.068750.068750.068750.06875

0.068750.068750.06875

0.068750.068750.068750.068750.068750.06875

0.068750.068750.068750.068750.06875

0.068750.068750.068750.068750.068750.06875

0.068750.068750.068750.068750.06875

0.068750.068750.068750.068750.068750.06875

0.068750.068750.068750.068750.068750.06875

0.068750.068750.068750.068750.06875

0.068750.068750.068750.068750.068750.06875

0.068750.068750.068750.068750.06875

0.068750.068750.068750.068750.068750.06875

262728293031

DAYOFMO.

OCTOBER1996

NOVEMBER1996

DECEMBER1996

JANUARY1997

FEBRUARY1997

MARCH1997

APRIL1997

MAY1997

JUNE1997

JULY1997

AUGUST1997

SEPTEMBER1997

OCTOBER1997

NOVEMBER1997

DECEMBER1997

JANUARY1998

DAYOFMO.

Documents

CSRS Service Credit Payments for Post-1956 Military ... · PDF fileCSRS Service Credit Payments for Post-1956 Military Service FERS i Chapter 23 CSRS and FERS Handbook April 1998 Table