Net annuity

Net annuity means annuity after excluding amounts required by law to be deducted. For example, Federal income tax is excluded up to the maximum amount that the individual is entitled to for all dependents. Other examples of exclusions are group health insurance premiums (including amounts deducted for Medicare) and group life insurance premiums.

Source

5 CFR § 831.1803

---

Scoping language

For purposes of this subpart, terms are defined as follows

---

Is this correct? or