[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: 5CFR870.902]

[Page 412]
 
                    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 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]