Office of Personnel Management May 28, 2019 – Federal Register Recent Federal Regulation Documents

Federal Employees' Retirement System; Present Value Conversion Factors for Spouses of Deceased Separated Employees
Document Number: 2019-10849
Type: Proposed Rule
Date: 2019-05-28
Agency: Office of Personnel Management
The Office of Personnel Management (OPM) is proposing to revise the table of reduction factors for early commencing dates of survivor annuities for spouses of separated employees who die before the date on which they would be eligible for unreduced deferred annuities, and to revise the annuity factor for spouses of deceased employees who die in service when those spouses elect to receive the basic employee death benefit in 36 installments under the Federal Employees' Retirement System (FERS) Act of 1986. These rules are necessary to ensure that the tables conform to the economic and demographic assumptions adopted by the Board of Actuaries and published in the Federal Register on May 20, 2019.
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