[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: 20CFR234.15]



[Page 492]

 

                      TITLE 20--EMPLOYEES' BENEFITS

 

                  CHAPTER II--RAILROAD RETIREMENT BOARD

 

PART 234_LUMP-SUM PAYMENTS--Table of Contents

 

                    Subpart B_Lump-Sum Death Payment

 

Sec.  234.15  When an employee's estate is entitled.



    (a) The employee's estate is considered an equitably entitled person 

if the funds used to pay burial expenses consisted of:

    (1) Money in the employee's single-ownership bank account;

    (2) Money paid directly to the funeral home by the employee before 

death;

    (3) Money paid by the employee under a contract, plan, system or 

general practice where no beneficiary was named to receive the money;

    (4) Money found among the employee's effects;

    (5) Unpaid salary due the employee by the employee's employer;

    (6) Money obtained by selling the employee's real or personal 

property; or

    (7) Money from a trust fund.

    (b) If the employee's estate is the equitably entitled person, the 

Board will pay the LSDP to the legal representative of the employee's 

estate. When no legal representative of the employee's estate has been 

or is expected to be appointed, the Board will pay the LSDP according to 

state statutory procedures applicable when no formal probate or 

administration occurs.