Code of Federal Regulations (Last Updated: November 8, 2024) |
Title 5 - Administrative Personnel |
Chapter VI - Federal Retirement Thrift Investment Board |
Part 1620 - Expanded and Continuing Eligibility |
Subpart H - Military Service |
§ 1620.104 - Agency payments to recordkeeper; agency ultimately chargeable.
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(a)
Agency making payments to recordkeeper. The current employing agency will always be the agency responsible for making payments to the recordkeeper for all contributions (both employee and agency) and lost earnings, regardless of whether some of that expense is ultimately chargeable to a prior employing agency.(b)
Agency ultimately chargeable with expense. The agency ultimately chargeable with the expense of agency contributions and lost earnings attributable to the retroactive period is ordinarily the agency that reemployed the employee. However, if an employee changed agencies during the period between the date of reemployment and October 13, 1994, the employing agency as of October 13, 1994, is the agency ultimately chargeable with the expense.(c)
Reimbursement by agency ultimately chargeable with expense. If the agency that made the payments to the recordkeeper for agency contributions and lost earnings is not the agency ultimately chargeable with that expense, the agency that made the payments to the recordkeeper may, but is not required to, obtain reimbursement from the agency ultimately chargeable with the expense.