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§234.61. Assignment of interest by an eligible person.

20 C.F.R. § 234.61

(a)
Any person who is eligible to receive a share of a lump-sum payment may assign his or her share to another eligible applicant, provided the share is not more than $500.
(b)
If an LSDP or accrued annuity is payable, the request that a share be assigned must be received at a Board office no later than two years after the death of the employee or the originally entitled person.
Notes, amendments, and revision history

Source

Source: 51 FR 3036, Jan. 23, 1986, unless otherwise noted. Redesignated at 56 FR 1573, Jan. 16, 1991.

Authority

Authority: 45 U.S.C. 231f.

Source

Source: 51 FR 3036, Jan. 23, 1986, unless otherwise noted.