5 CFR 890.504 - Disposition of contingency reserves upon reorganization or merger of plans.

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Title 5: Administrative Personnel

CHAPTER I: OFFICE OF PERSONNEL MANAGEMENT (CONTINUED)

SUBCHAPTER B: CIVIL SERVICE REGULATIONS (CONTINUED)

PART 890: FEDERAL EMPLOYEES HEALTH BENEFITS PROGRAM

Subpart E: Contributions and Withholdings

890.504 - Disposition of contingency reserves upon reorganization or merger of plans.

Upon reorganization or merger of a plan, OPM must credit to the surviving plan the reserves of the reorganized or merged plan. If more than one plan survives, the reserves must be divided among the surviving plans in proportion to the number of enrollees continuing to subscribe to the surviving plans.

[54 FR 52339, Dec. 21, 1989; 55 FR 22891, June 5, 1990]

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