5 CFR 831.402 - Definitions.
In this subpart:
Applicant for retirement means a person who is currently eligible to retire under CSRS on an immediate or deferred annuity, and who has filed an application to retire, other than an application for phased retirement status, that has not been finally adjudicated.
Balance means the amount of voluntary contributions deposited and not previously withdrawn, plus earned interest on those voluntary contributions, less any amount paid as additional annuities (including any amount paid as survivor annuity) based on the voluntary contributions.
Phased retiree means a retirement-eligible employee who -
(1) Has entered phased retirement status under subpart Q of this part; and
(2) Has not entered full retirement status.