[Code of Federal Regulations]
[Title 32, Volume 1]
[Revised as of July 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 32CFR48.502]

[Page 243]
 
                       TITLE 32--NATIONAL DEFENSE
 
              CHAPTER I--OFFICE OF THE SECRETARY OF DEFENSE
 
PART 48--RETIRED SERVICEMAN'S FAMILY PROTECTION PLAN--Table of Contents
 
                           Subpart E--Annuity
 
Sec. 48.502  Effective date of annuity.

    All annuities payable under this Plan except those payable to 
beneficiaries described in Sec. 48.102(e)(5) shall accrue from the first 
day of the month in which the retired member dies and shall be due and 
payable not later than the 15th day of each month following that month 
and in equal monthly installments thereafter, except that no annuity 
shall accrue or be paid for the month in which entitlement to that 
annuity terminates.