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Code of Federal Regulations Title 5. Administrative Personnel § 5.842.603 Election at time of retirement of a fully reduced annuity to provide a current spouse annuity

Current as of January 02, 2025 | Updated by Findlaw Staff

(a) A married employee or Member retiring under FERS will receive a fully reduced annuity to provide a current spouse annuity unless—

(1) The employee or Member, with the consent of the current spouse, elects a self-only annuity, a one-half reduced annuity to provide a current spouse annuity, or a fully reduced annuity or a one-half reduced annuity to provide a former spouse annuity, in accordance with § 842.604 or § 842.606;  or

(2) The employee or Member elects a self-only annuity or a fully reduced annuity or a one-half reduced annuity to provide a former spouse annuity, and current spousal consent is waived in accordance with § 842.607.

(b) Qualifying court orders that award former spouse annuities prevent payment of current spouse annuities to the extent necessary to comply with the court order and § 842.613.

(c) The amount of the reduction to provide a current spouse annuity under this section is 10 percent of the retiree's annuity.

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Cite this article: FindLaw.com - Code of Federal Regulations Title 5. Administrative Personnel § 5.842.603 Election at time of retirement of a fully reduced annuity to provide a current spouse annuity - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-5-administrative-personnel/cfr-sect-5-842-603/

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