[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: 5CFR1651.1]

[Page 274]
 
                    TITLE 5--ADMINISTRATIVE PERSONNEL
 
         CHAPTER VI--FEDERAL RETIREMENT THRIFT INVESTMENT BOARD
 
PART 1651--DEATH BENEFITS--Table of Contents
 
Sec. 1651.1  Definitions.

    Terms used in this part shall have the following meanings:
    Beneficiary means the person or legal entity who is entitled to 
receive a death benefit from a deceased participant's TSP account;
    Board means the Federal Retirement Thrift Investment Board;
    C Fund means the Common Stock Index Investment Fund established 
under 5 U.S.C. 8438(b)(1)(C);
    Death benefit means all or a share of the deceased participant's TSP 
account at the time of payment;
    Domicile means the participant's place of residence for purposes of 
state income tax liability;
    F Fund means the Fixed Income Investment Fund established under 5 
U.S.C. 8438(b)(1)(B);
    G Fund means the Government Securities Investment Fund established 
under 5 U.S.C. 8438(b)(1)(A);
    Investment fund means the C Fund, the F Fund, the G Fund, or any 
other TSP investment fund created subsequent to December 27, 1986;
    Order of precedence means the order in which a death benefit will be 
paid, as specified in 5 U.S.C. 8424(d);
    Participant means any person with an account in the Thrift Savings 
Fund;
    Thrift Savings Fund means the Fund described in 5 U.S.C. 8437;
    Thrift Savings Plan or TSP means the Federal Retirement Thrift 
Savings Plan established by the Federal Employees' Retirement System Act 
of 1986, codified in pertinent part at 5 U.S.C. 8431 et seq.;
    TSP record keeper means the entity that is engaged by the Board to 
perform record keeping service for the Thrift Savings Plan. As of June 
13, 1997, the TSP record keeper is the National Finance Center, United 
States Department of Agriculture, whose mailing address is National 
Finance Center, TSP Service Office, P.O. Box 61135, New Orleans, 
Louisiana 70161-1135;
    Withdrawal election means a request for the payment of a 
participant's vested account balance filed under 5 CFR 1650, subpart B.

[62 FR 32429, June 13, 1997, as amended at 64 FR 31062, June 9, 1999]