[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: 20CFR266.9]

[Page 508-509]
 
                      TITLE 20--EMPLOYEES' BENEFITS
 
                  CHAPTER II--RAILROAD RETIREMENT BOARD
 
PART 266_REPRESENTATIVE PAYMENT--Table of Contents
 
Sec. 266.9  Responsibilities of a representative payee.

    (a) A representative payee shall, subject to review by the Board and 
to such requirements as it may from time-to-time prescribe, apply the 
payments

[[Page 509]]

made to him or her on behalf of the annuitant only for the use and 
benefit of such annuitant, and in a manner and for purposes which are in 
the annuitant's best interests.
    (b) A representative payee shall notify the Board of any event that 
will affect the amount of benefits the annuitant receives or the right 
of the annuitant to receive benefits.
    (c) A representative payee shall notify the Board of any change in 
his or her circumstances that would affect performance of the payee 
responsibilities.