(a) Voluntary contributions may be made only by—
- (1) Employees (including phased retirees) or Members currently subject to CSRS, and
- (2) Applicants for retirement, including phased retirees who apply for full retirement status under subpart Q of this part.
(b) Voluntary contributions may not be accepted from an employee, Member, or applicant for retirement who—
- (1) Has not deposited amounts covering all creditable civilian service performed by him or her; or
- (2) Has previously received a refund of voluntary contributions and who has not been reemployed subject to CSRS after a separation of more than 3 calendar days.
- (c) An employee or Member covered by the Federal Employees Retirement System (FERS), including an employee or Member who elected to transfer or was automatically placed in FERS, may not open a voluntary contributions account or make additional contributions to an existing voluntary contribution account.
[56 FR 43863, Sept. 5, 1991, as amended at 79 FR 46619, Aug. 8, 2014]