847.433—Exclusion from FERS for future service.
        
        (a) 
         An employee who elects NAFI retirement system coverage with credit for FERS service under  § 847.431(a) is excluded from coverage under FERS during that and all subsequent periods of employment, including any periods of service as a reemployed annuitant.
    
    
        
        (b) 
         FERS service which becomes creditable in a NAFI retirement benefit based on an election under  § 847.431 is not creditable for any purpose under FERS.