[Code of Federal Regulations]
[Title 29, Volume 9]
[Revised as of July 1, 2005]
From the U.S. Government Printing Office via GPO Access
[CITE: 29CFR4022.94]

[Page 809]
 
                             TITLE 29--LABOR
 
            CHAPTER XL--PENSION BENEFIT GUARANTY CORPORATION
 
PART 4022_BENEFITS PAYABLE IN TERMINATED SINGLE-EMPLOYER PLANS--Table 
of Contents
 
               Subpart F_Certain Payments Owed Upon Death
 
Sec. 4022.94  What are the PBGC's rules on designating a person to get 
benefits the PBGC may owe me at the time of my death?

    (a) When you may designate. At any time on or after the date we take 
over your plan, you may designate with us who will get any benefits we 
owe you at the time of your death.
    (b) Change of designee. If you want to change the person(s) you 
designate with us, you must submit another designation to us.
    (c) If your designee dies before you. (1) In general. If the 
person(s) you designate with us dies before you or at the same time as 
you, we will treat you as not having designated anyone with us (unless 
you named an alternate designee who survives you). Therefore, you should 
keep your designation with us current.
    (2) Simultaneous deaths. If you and a person you designated die as a 
result of the same event, we will treat you and that person as having 
died at the same time, provided you and that person die within 30 days 
of each other.