### Question
Can you define what normal-cost percentage means?


### Answer
**Normal-cost percentage** is defined as the following in *5 U.S.C. § 8401*:

> the entry-age normal cost of the provisions of the System which relate to the Fund, computed by the Office in accordance with generally accepted actuarial practice and standards (using dynamic assumptions) and expressed as a level percentage of aggregate basic pay

#### Citation:
  - *5 U.S.C. § 8401*
  - Heading: **PART III-EMPLOYEES > Subpart G-Insurance and Annuities > CHAPTER 84-FEDERAL EMPLOYEES&#8217; RETIREMENT SYSTEM > SUBCHAPTER I-GENERAL PROVISIONS**

