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Current as of January 02, 2025 | Updated by Findlaw Staff
(a) The Designation of Beneficiary must be in writing, signed, and witnessed,and received in OPM before the death of the designator.
(b) No change or cancellation of beneficiary in a last will or testament, or in any other document not witnessed and filed as required by this section, has any force or effect.
(c) A witness to a Designation of Beneficiary is ineligible to receive payment as a beneficiary.
(d) Any person, firm, corporation, or legal entity may be named as beneficiary.
(e) A change of beneficiary may be made at any time and without the knowledge or consent of the previous beneficiary, and this right cannot be waived or restricted.
Cite this article: FindLaw.com - Code of Federal Regulations Title 5. Administrative Personnel § 5.831.2005 Designation of beneficiary for lump-sum payment - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-5-administrative-personnel/cfr-sect-5-831-2005/
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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