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Current as of January 02, 2025 | Updated by Findlaw Staff
(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)
Cite this article: FindLaw.com - Code of Federal Regulations Title 20. Employees' Benefits § 20.234.61 Assignment of interest by an eligible person - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-20-employees-benefits/cfr-sect-20-234-61/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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