29.301—Purpose and scope.
(a)
The purpose of this subpart is to addresses
the legal and policy issues that affect the
calculation of the Federal and District of
Columbia portions of benefits under subtitle A of
Title XI of the Balanced Budget Act of 1977,
Public Law 105-33, 111 Stat. 251, 712-731, enacted
August 5, 1997, as amended.
(1)
This subpart states general principles for
the calculation of Federal Benefit Payments in
cases in which the Department and the District
government are both responsible for paying a
portion of an employee's total retirement benefits
under the Police and Firefighters Plan or the
Teachers Plan.
(2)
This subpart provides illustrative examples
of sample computations to show
the application of the general principles to
specific problems.
(b)
(1)
This subpart applies only to benefits
under the Police and Firefighters Plan or the
Teachers Plan for individuals who have performed
service creditable under these programs on or
before June 30, 1997.
(2)
This subpart addresses only those issues
that affect the split of fiscal responsibility for
retirement benefits (that is, the calculation of
Federal Benefit Payments).
(3)
Issues relating to determination and review
of eligibility and payments, and financial
management, are beyond the scope of this
subpart.