[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: 20CFR243.6]

[Page 481]
 
                      TITLE 20--EMPLOYEES' BENEFITS
 
                  CHAPTER II--RAILROAD RETIREMENT BOARD
 
PART 243_TRANSFER, ASSIGNMENT, OR WAIVER OF PAYMENTS--Table of Contents
 
Sec. 243.6  Waiver of annuity payments.

    (a) Any individual who has been awarded an annuity under the 
Railroad Retirement Act shall have the right to waive such annuity in 
whole or in part by filing with the Board a statement to that effect 
signed by him or her.
    (b) Such a waiver shall be effective as of the date specified in the 
waiver statement, except that if an annuity has been awarded, a waiver 
shall not be effective before the first day of the month after the month 
in which the waiver form is received at an office of the Board and shall 
not be effective as to any annuity payment which has already been made 
or which cannot be prevented.
    (c) For the period during which a waiver is in effect, no payment of 
the amount of the annuity waived can ever be made to any person. A 
waiver of an annuity shall not, however, have any effect on the amount 
of a spouse's annuity otherwise payable or on a lump sum under section 
6(c) of the Act otherwise due, nor shall it serve to make an individual 
eligible for a lump-sum death benefit under section 6(b) of the Act or 
any insurance benefit under the Social Security Act on the basis of the 
wages of the same deceased employee.
    (d) A waiver once made shall continue in effect until the annuitant 
requests in writing that it be terminated.

                           PART 250 [RESERVED]