§8420. Insurable interest reductions — Inbound Citations
5 U.S.C. § 8420
Cited by 8 provisions in release 119-102.
Citations to 5 U.S.C. § 8420 as a whole
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(A) shall prospectively void any election made by the employee or Member under section 8420 with respect to such individual; or
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(B) shall, if an election was made by the employee or Member under section 8420 with respect to a different individual, prospectively void such election if appropriate written application is made by such employee or Member at the time of making the election under this subsection.
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(A) shall prospectively void any election made by the employee or Member under section 8420 with respect to such individual; or
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(B) shall, if an election was made by the employee or Member under section 8420 with respect to a different individual, prospectively void such election if appropriate written application is made by such employee or Member at the time of making the election under this subsection.
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(1) the employee or Member makes an election under section 8416(b) or (c) after having made an election under section 8420; and
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(2) the election under such section 8420 becomes void under subsection (b)(3) or (c)(2) of such section 8416.
Citations to §8420(a)
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The annuity of a survivor named under section 8420(a) is 55 percent of the reduced annuity of the retired employee or Member determined under paragraph (2) of such section 8420(a). The annuity of the survivor commences on the day after the retired employee or Member dies. This annuity and the right thereto terminate on the last day of the month before the survivor dies.
Citations to §8420(a)(2)
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The annuity of a survivor named under section 8420(a) is 55 percent of the reduced annuity of the retired employee or Member determined under paragraph (2) of such section 8420(a). The annuity of the survivor commences on the day after the retired employee or Member dies. This annuity and the right thereto terminate on the last day of the month before the survivor dies.