[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: 32CFR48.502]



[Page 316]

 

                       TITLE 32--NATIONAL DEFENSE

 

              CHAPTER I--OFFICE OF THE SECRETARY OF DEFENSE

 

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

 

                            Subpart E_Annuity

 

Sec.  48.502  Effective date of annuity.



    All annuities payable under this Plan except those payable to 

beneficiaries described in Sec.  48.102(e)(5) shall accrue from the 

first day of the month in which the retired member dies and shall be due 

and payable not later than the 15th day of each month following that 

month and in equal monthly installments thereafter, except that no 

annuity shall accrue or be paid for the month in which entitlement to 

that annuity terminates.