[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: 20CFR234.61]



[Page 498]

 

                      TITLE 20--EMPLOYEES' BENEFITS

 

                  CHAPTER II--RAILROAD RETIREMENT BOARD

 

PART 234_LUMP-SUM PAYMENTS--Table of Contents

 

                         Subpart G_Miscellaneous

 

Sec.  234.61  Assignment of interest by an eligible person.



    (a) Any person who is eligible to receive a share of a lump-sum 

payment may assign his or her share to another eligible applicant, 

provided the share is not more than $500.

    (b) If an LSDP or accrued annuity is payable, the request that a 

share be assigned must be received at a Board office no later than two 

years after the death of the employee or the originally entitled person.



(Approved by the Office of Management and Budget under control number 

3220-0031)