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5 CFR 849.603

§ 849.603 Transfer of conserved or accumulated funds.

United States · 5 CFR — Administrative Personnel · Status: effective

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5 CFR 849.603, § 849.603 Transfer of conserved or accumulated funds, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/8679
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A representative payee who has conserved or invested annuity payments shall transfer these funds and any interest earned from the invested funds to either a successor payee, to the annuitant, or to the agency as we will specify. If the funds and the earned interest are returned to the agency, we will recertify them to the successor representative payee or to the annuitant.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.