[Code of Federal Regulations]
[Title 20, Volume 1]
[Revised as of April 1, 2005]
From the U.S. Government Printing Office via GPO Access
[CITE: 20CFR234.45]

[Page 476]
 
                      TITLE 20--EMPLOYEES' BENEFITS
 
                  CHAPTER II--RAILROAD RETIREMENT BOARD
 
PART 234_LUMP-SUM PAYMENTS--Table of Contents
 
                   Subpart D_Residual Lump-Sum Payment
 
Sec. 234.45  Payment to the employee's estate.

    (a) When the employee's estate is paid. If no designated 
beneficiaries or relatives survive the employee when the RLS becomes 
payable, the employee's estate may be paid the RLS. Employees may also 
designate their estates to receive all or a share of the RLS as 
beneficiaries.
    (b) How the employee's estate is paid. If a legal representative of 
the employee's estate has been appointed and has not been discharged, 
the Board will pay the RLS to the legal representative. When no legal 
representative of the employee's estate has been or is expected to be 
appointed, or the estate of the deceased employee has been closed and 
reopening is not expected, the Board will pay the RLS according to state 
statutory procedures applicable when no formal probate or administration 
occurs.