(a) The Board cannot sustain a request for reconsideration unless the Board finds that—
(1) The data used in the actuarial report required by § 841.416 are sufficient and reliable;
(2) The assumptions used in the actuarial report required by § 841.416 are justified; and
(3) The difference in the supplemental liability amount is at least 2 percent of the present value of future benefits calculated in OPM's computation of the supplemental liability.
(b) If the Board sustains a request for reconsideration of the supplemental liability, OPM will recompute the supplemental liability according to the economic and demographic assumptions recommended by the Board.
[82 FR 49281, Oct. 25, 2017]
authority: 5 U.S.C. 8461; Sec. 841.108 also issued under
5 U.S.C. 552a; Secs. 841.110 and 841.111 also issued under
5 U.S.C. 8470(a); subpart D also issued under
5 U.S.C. 8423; Sec. 841.504 also issued under
5 U.S.C. 8422; Sec. 841.507 also issued under section 505 of Pub. L. 99-335; subpart J also issued under
5 U.S.C. 8469; Sec. 841.506 also issued under
5 U.S.C. 7701(b)(2); Sec. 841.508 also issued under section 505 of Pub. L. 99-335; Sec. 841.604 also issued under Title II, Pub. L. 106-265, 114 Stat. 780; Sec. 5001 of Pub. L. 112-96 at 126 Stat. 199
cite as: 5 CFR 841.417