(a) The agency, Clerk of the House of Representatives, or Secretary of the Senate shall have the employee or Member:
- (1) Complete an application to make deposit;
- (2) Provide a copy of his or her DD 214 or its equivalent to verify the period(s) of service; and
- (3) Provide sufficient evidence of basic pay, if available, or a statement of estimated earnings.
- (b) Upon receipt of the application, the DD 214(s), and either sufficient evidence of basic pay, if available, or a statement of estimated earnings, the agency, Clerk of the House of Representatives, or Secretary of the Senate shall multiply the amount of basic pay by 7 percent to compute the exact deposit owed, exclusive of any interest.
- (c) If interest is applicable, it shall be computed in accordance with instructions published by OPM.
- (d) The agency, Clerk of the House of Representatives, or Secretary of the Senate shall establish a deposit account showing the total amount due, and a payment schedule (unless deposit is made in a lump sum), and record the date and amount of each payment.
- (e) An individual who is eligible to make deposit to OPM shall submit an application to make deposit, accompanied by a copy of his or her DD 214(s) or its (their) equivalent(s), as well as sufficient evidence of basic pay, if available, or a statement of estimated earnings, to OPM.
[48 FR 38788, Aug. 26, 1983, as amended at 66 FR 66711, Dec. 27, 2001]