[Code of Federal Regulations] [Title 5, Volume 2] [Revised as of January 1, 2004] From the U.S. Government Printing Office via GPO Access [CITE: 5CFR843.504] [Page 335] TITLE 5--ADMINISTRATIVE PERSONNEL CHAPTER I--OFFICE OF PERSONNEL MANAGEMENT (CONTINUED) PART 843_FEDERAL EMPLOYEES RETIREMENT SYSTEM_DEATH BENEFITS AND EMPLOYEE REFUNDS--Table of Contents Subpart E_Insurable Interest Annuities Sec. 843.504 Rate of annuity. The amount of an annuity under this subpart is 55 percent of the retiree's annuity after the insurable interest reduction.