[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: 5CFR1650.61]

[Page 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. 1650.61  Spousal rights when a separated participant changes post-employment withdrawal election.

    (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 if the 
participant changes his or her post-employment withdrawal election, 
unless the participant was granted an exception under Sec. 1650.63 to 
the spouse notification requirement within one year of the date the form 
requesting the change is processed by the TSP. The participant must 
provide the TSP record keeper with the spouse's current address. The TSP 
record keeper will send the required notice by first class mail to the 
most recent address provided by the participant.
    (c)(1) A married FERS participant who has made a post-employment 
withdrawal election and who wants to elect another withdrawal method 
(other than the annuity required in Sec. 1650.60(c)) must obtain a 
waiver from the spouse to whom he or she is married on the date the new 
withdrawal form is signed, unless:
    (i) That spouse previously signed a waiver of the required annuity 
in connection with an earlier post-employment withdrawal election made 
by the participant; or
    (ii) The participant was granted within one year of the date on 
which the new withdrawal form is received by the TSP an exception under 
Sec. 1650.64 to the requirement to obtain that spouse's signature for an 
in-service or post-employment withdrawal election.
    (2) Once a form containing the spouse's waiver has been submitted to 
the TSP record keeper, the spouse's consent is irrevocable for purposes 
of that form.