CFR /  Title 5  /  Part 848  /  Sec. 848.402 Commencing date of composite retirement annuity.

(a) The commencing date of the composite retirement annuity of a phased retiree who enters full retirement status is the day after separation.

(b) A phased retirement annuity terminates upon separation from service. Subpart E_Computation of Phased Retirement Annuity at Phased Retirement

and Composite Retirement Annuity at Full Retirement