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Text of OPM Notice: Civil Service Retirement System; Present Value Factors
U.S. Office of Personnel Management [OPM] Link to more items from this source
[Official Guidance]
May 21, 2014
"The Office of Personnel Management (OPM) is providing notice of adjusted present value factors applicable to retirees under the Civil Service Retirement System (CSRS) who elect to provide survivor annuity benefits to a spouse based on post-retirement marriage and to retiring employees who elect the alternative form of annuity, owe certain redeposits based on refunds of contributions for service before March 1, 1991, or elect to credit certain service with nonappropriated fund instrumentalities. This notice is necessary to conform the present value factors to changes in the economic and demographic assumptions adopted by the Board of Actuaries of the Civil Service Retirement System.... The revised present value factors apply to survivor reductions or employee annuities that commence on or after October 1, 2014." [Federal Register Doc. 2014-11762, May 21, 2014 issue.]

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