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DOUBLE RATE ELECTION ELECTION DOUBLE RATE DOUBLE-RATE ELECTION [1 record]

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Record 1 2009-07-13

English

Subject field(s)
  • Pensions and Annuities
  • Actuarial Practice
CONT

The cost of electing for operational service which occurred from March 18, 1994 to May 29, 2006 will, in addition to the regular election cost, include the additional contribution of 1.25% (or 2.5% for double rate LWOP [leave without pay] that is elective) of the appropriate pensionable salary.

OBS

The term "double rate" can be used as a synonym if it applies particularly to the election at double rate.

Key term(s)
  • double rate election, election at double rate, double-rate election

French

Domaine(s)
  • Pensions et rentes
  • Actuariat
CONT

Pour ce qui est du rachat de périodes de service opérationnel comprises entre le 18 mars 1994 et le 29 mai 2006, la cotisation supplémentaire représentant 1,25 % ou 2,5 %, pour les périodes de CNP [congé non payé] accompagné d'option à taux double) du salaire ouvrant droit à pension pertinent sera ajoutée au coût normal associé au rachat de service.

Spanish

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