Regulacje i polityka gospodarcza · 25.10.1995

Retirement; Alternative Forms of Annuity

The Office of Personnel Management (OPM) is issuing interim regulations on alternative forms of annuity to establish a standard for determining what constitutes a critical medical condition to replace the standard that the Merit Systems Protection Board determined was invalid. The interim regulations also make effective the previously proposed regulations to implement the changes made by the Omnibus Budget Reconciliation Act of 1993--the alternative form of annuity is no longer available for employees whose annuities commence on or after October 1, 1994, except for employees who have a life-threatening affliction or other critical medical condition--and also to revise the list of critical medical conditions considered prima facie evidence of eligibility. The regulations are necessary to conform the regulations with current law.