[Code of Federal Regulations]
[Title 5, Volume 3]
[Revised as of January 1, 2001]
From the U.S. Government Printing Office via GPO Access
[CITE: 5CFR1650.60]

[Page 271-272]
 
                    TITLE 5--ADMINISTRATIVE PERSONNEL
 
         CHAPTER VI--FEDERAL RETIREMENT THRIFT INVESTMENT BOARD
 
PART 1650--METHODS OF WITHDRAWING FUNDS FROM THE THRIFT SAVINGS PLAN--Table of Contents
 
                        Subpart G--Spousal Rights
 
Sec. 1650.60  Spousal rights pertaining to post-employment withdrawals.


    (a) The spousal rights described in this section only apply to post-
employment withdrawals when the participant's vested TSP account balance 
exceeds $3,500.
    (b) The spouse of a CSRS participant is entitled to notice when the 
participant applies for a post-employment withdrawal, unless the 
participant was granted an exception under Sec. 1650.63 to the spouse 
notification requirement within one year of the date the withdrawal form 
is processed by the TSP. The participant must provide the TSP record 
keeper with the spouse's correct address. The TSP record keeper will 
send the required notice by first class mail to the most recent address 
provided by the participant.
    (c) The spouse of a FERS participant has a right to a joint and 
survivor annuity with a 50 percent survivor benefit, level payments, and 
no cash refund when the participant elects a

[[Page 272]]

post-employment withdrawal. The participant may make a different 
withdrawal election only if his or her spouse waives the right to this 
annuity. To show that the spouse has waived the right to this annuity, 
the participant must submit to the TSP record keeper Form TSP-70, 
Withdrawal Election, or Form TSP-11-C, Spouse Information and Waiver, 
signed by his or her spouse. Once a form containing the spouse's waiver 
has been submitted to the TSP record keeper, the spouse's waiver is 
irrevocable for purposes of that form.