§ 847.505 - When transfer occurs.  


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  • § 847.505 When transfer occurs.

    (a) OPM, the Department of Defense, and the U.S. Coast Guard will transfer the amount specified in § 847.504 as soon as practicable after receipt of an election of retirement coverage under subpart D of this part.

    (b) The transfer of contributions may not be delayed until the employee retires or separates from service.