5 CFR 841.702 - Definitions.
In this subpart -
Annuity supplement means the benefit under subpart E of part 842 of this chapter. An annuity supplement is only payable to retirees.
Basic annuity means the benefits computed under subpart D of part 842 of this chapter and payable to retirees.
Beneficiary of insurable interest annuity means a person receiving a recurring benefit under FERS that is payable (after the employee's, Members, or retiree's death) to a person designated to receive such an annuity under § 842.605 of this chapter.
COLA means a cost-of-living adjustment.
Combined CSRS/FERS annuity means the recurring benefit with a CSRS component and a FERS component. A “combined CSRS/ FERS annuity” is only payable to a retiree who as an employee elected to transfer to FERS under part 846 of this chapter, who at the time of transfer had at least 5 years of service creditable under CSRS (excluding service that was subject to both social security and partial CSRS deductions), and who was covered by FERS for at least 1 month.
CSRS means the Civil Service Retirement System as described in subchapter III of chapter 83 of title 5, United States Code.
Effective date means the date annuities increased by a COLA begin to accrue at the higher rate.
FERS means the Federal Employees Retirement System as defined in chapter 84 of title 5, United States Code.
Percentage change means the percent change in the price index as defined in section 8462(a)(2) of title 5, United States Code.
Survivor means a person receiving a current spouse annuity or a former spouse annuity, or the beneficiary of an insurable interest annuity. As used in this subpart, “survivor” does not include a child annuitant.