20 CFR 234.61
§ 234.61 Assignment of interest by an eligible person.
United States · 20 CFR — Employees' Benefits · Status: effective
Cite this
- Citation
- 20 CFR 234.61, § 234.61 Assignment of interest by an eligible person, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/77585
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Full text
(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.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.