[Code of Federal Regulations]

[Title 32, Volume 1]

[Revised as of July 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 32CFR48.202]



[Page 312]

 

                       TITLE 32--NATIONAL DEFENSE

 

              CHAPTER I--OFFICE OF THE SECRETARY OF DEFENSE

 

PART 48_RETIRED SERVICEMAN'S FAMILY PROTECTION PLAN--Table of Contents

 

                      Subpart B_Election of Options

 

Sec.  48.202  Limitation on number of annuities.



    When a member desires to provide both the annuity provided by Option 

1 and Option 2, he may elect amounts that, in total, meet the 

limitations specified in Sec.  48.201. The cost of each annuity, and the 

amount of each annuity shall be determined separately. A member may not 

elect the combination of Options 1 and 3 or Options 2 and 3 in any case. 

The combined amount of the annuities may not be more than 50 per centum 

nor less than 12\1/2\ per centum of his retired pay. In no case may less 

than a $25 per month combined annuity be provided.