[Code of Federal Regulations]
[Title 5, Volume 2]
[Revised as of January 1, 2002]
From the U.S. Government Printing Office via GPO Access
[CITE: 5CFR870.902]

[Page 408-409]
 
                    TITLE 5--ADMINISTRATIVE PERSONNEL
 
          CHAPTER I--OFFICE OF PERSONNEL MANAGEMENT (Continued)
 
PART 870--FEDERAL EMPLOYEES' GROUP LIFE INSURANCE PROGRAM--Table of Contents
 
                Subpart I--Assignments of Life Insurance
 
Sec. 870.902  Making an assignment.

    (a) To assign insurance, an insured individual must complete an 
approved assignment form. Only the insured individual can make an 
assignment; no one can assign on behalf of an insured individual.
    (b) The individual must submit the completed and signed form to the 
appropriate office indicating the intent

[[Page 409]]

to irrevocably assign all ownership of the insurance. The form must also 
be witnessed and signed by 2 people.
    (1) For employees, the appropriate office is the employing office.
    (2) For annuitants and compensationers, the appropriate office is 
OPM.
    (3) For employees and former employees who have ported Option B 
coverage, the appropriate office is the Portability Office.

[64 FR 72464, Dec. 28, 1999]