5 U.S.C. § 8465 — Waiver, allotment, and assignment of benefits

submitted 40 years ago by Pub. L. 99-335 to r/title-5-GOVERNMENT-ORGANIZATION-AND-EMPLOYEES · 92 words · no verdicts yet

in plain englishAI-generated · not legal advice

Anyone getting an annuity from the Fund can turn down all or part of it in writing, and can cancel that waiver anytime. While the waiver is active, that money is not paid. An annuitant can also set up allotments or assign parts of their annuity for purposes the Office approves.

(a) An individual who is entitled to an annuity from the Fund can decline to accept all or part of it, by signing and filing a waiver with the Office. The waiver can be canceled in writing at any time. While the waiver is in effect, the waived part of the annuity is not paid. (b) An individual entitled to an annuity from the Fund can also set up allotments or assign parts of their annuity, for whatever purposes the Office considers appropriate.

the actual law source: uscode.house.gov ↗public domain

(a)

An individual entitled to an annuity payable from the Fund may decline to accept all or any part of the amount of the annuity by a waiver signed and filed with the Office. The waiver may be revoked in writing at any time. Payment of the annuity waived may not be made for the period during which the waiver is in effect.

(b)

An individual entitled to an annuity payable from the Fund may make allotments or assignments of amounts from the annuity for such purposes as the Office considers appropriate.

Source credit: (Added Pub. L. 99–335, title I, § 101(a), June 6, 1986, 100 Stat. 575.)

history & why it existsrecord from the source credit

1986Enacted · Pub. L. 99-335 · 100 Stat. 575

A history note hasn’t been published yet. The record shows enactment by Pub. L. 99-335 on 1986-06-06.

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