[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: 20CFR234.51]

[Page 477]
 
                      TITLE 20--EMPLOYEES' BENEFITS
 
                  CHAPTER II--RAILROAD RETIREMENT BOARD
 
PART 234_LUMP-SUM PAYMENTS--Table of Contents
 
                    Subpart E_Lump-Sum Refund Payment
 
Sec. 234.51  Persons to whom a lump-sum refund payment is payable.

    Employees receive their lump-sum refund payment from the Board, 
without applying for it, at the time their regular annuity is awarded. 
If an employee dies without receiving payment of a regular annuity, the 
lump-sum refund payment is payable to the employee's survivors in the 
same order of priority as shown for the RLS in Sec. 234.44.