5 CFR 849.603: Transfer of conserved or accumulated funds.
Where this section sits in the code
- Title 5—Administrative Personnel
- CHAPTER I—OFFICE OF PERSONNEL MANAGEMENT
- SUBCHAPTER B—CIVIL SERVICE REGULATIONS
- PART 849—REPRESENTATIVE PAYEES
- Subpart F—Changes of the Representative Payee
A representative payee who has conserved or invested annuity payments shall transfer these funds and any interest earned from the invested funds to either a successor payee, to the annuitant, or to the agency as we will specify. If the funds and the earned interest are returned to the agency, we will recertify them to the successor representative payee or to the annuitant.
Collected 2026-08-27T02:23:53Z. Source file · JSON