§838.132. Payment schedules.
5 C.F.R. § 838.132
Under CSRS and FERS, employee annuities and survivor annuities are payable on the first business day of the month following the month in which the benefit accrues.
In honoring and complying with a court order, OPM will not disrupt the payment schedule described in paragraph (a) of this section, despite any provision in the court order directing a different schedule of accrual or payment of amounts due the former spouse or child abuse creditor.
Notes, amendments, and revision history
Amendments
[57 FR 33574, July 29, 1992, as amended at 59 FR 66638, Dec. 28, 1994]
Authority
Authority: 5 U.S.C. 8347(a) and 8461(g). Subparts B, C, D, E, J, and K also issued under 5 U.S.C. 8345(j)(2) and 8467(b). Sections 838.221, 838.422, and 838.721 also issued under 5 U.S.C. 8347(b).
Source
Source: 57 FR 33574, July 29, 1992, unless otherwise noted.
Amendments
[57 FR 33574, July 29, 1992, as amended at 59 FR 66638, Dec. 28, 1994]