[Code of Federal Regulations]
[Title 32, Volume 1]
[Revised as of January 1, 2008]
From the U.S. Government Printing Office via GPO Access
[CITE: 32CFR48.502]

[Page 286]
 
                       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.