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5 U.S.C. § 8464 — Commencement and termination of annuities of employees and Members

submitted 40 years ago by Pub. L. 99-335 to r/title-5-GOVERNMENT-ORGANIZATION-AND-EMPLOYEES · 238 words · no verdicts yet

in plain englishAI-generated · not legal advice

An annuity usually starts the day after the person leaves federal service or their pay stops and they qualify. The exact start date depends on which retirement rule applies. An annuity ends on the date the person dies or another ending event happens.

(a) Unless another rule in this chapter says otherwise: an annuity starts the first day of the month after the person leaves service (for someone retiring under section 8412, or under 8414(a), (b)(1)(B), or (d)) or after their pay stops and they meet the age and service rules (for someone retiring under section 8413). An annuity starts the day after leaving service for someone retiring under section 8414(b)(1)(A) or (c). An annuity starts the day after leaving service, or the day after pay stops and the requirements are met, for someone retiring under section 8451 (disability retirement). Despite that first rule, an annuity starts the day after leaving service — not the first of the next month — for someone who retires under section 8412 because their elected or appointed term simply expired.

(b) Unless another rule says otherwise, an annuity under subchapter II or V ends on the date the annuitant dies or some other ending event happens.

the actual law source: uscode.house.gov ↗public domain
(a)
(1)

Except as otherwise provided in this chapter—

(A)

an annuity payable from the Fund commences on the first day of the month after—

(i)

separation from the service, in the case of an employee or Member retiring under section 8412, or subsection (a), (b)(1)(B), or (d) of section 8414; or

(ii)

pay ceases, and the applicable age and service requirements are met, in the case of an employee or Member retiring under section 8413;

(B)

an annuity payable from the Fund commences on the day after separation from the service in the case of an employee retiring under subsection (b)(1)(A) or (c) of section 8414; and

(C)

an annuity payable from the Fund commences on the day after separation from the service or the day after pay ceases and the requirements for title to an annuity are met in the case of an employee or Member retiring under section 8451.

(2)

Notwithstanding paragraph (1)(A)(i), an annuity payable from the Fund commences on the day after separation from the service in the case of an employee or Member—

(A)

who retires under section 8412; and

(B)

whose separation occurs upon the expiration of a term (or other period) for which the individual was appointed or elected.

(b)

Except as otherwise provided in this chapter, the annuity of an annuitant under subchapter II or V of this chapter terminates on the date death or other terminating event occurs.

Source credit: (Added Pub. L. 99–335, title I, § 101(a), June 6, 1986, 100 Stat. 574; amended Pub. L. 105–261, div. A, title XI, § 1109(c)(2), Oct. 17, 1998, 112 Stat. 2145; Pub. L. 106–58, title VI, § 651(b), Sept. 29, 1999, 113 Stat. 480; Pub. L. 106–398, § 1 [[div. A], title XI, § 1152(c)(2)], Oct. 30, 2000, 114 Stat. 1654, 1654A–323; Pub. L. 107–107, div. A, title X, § 1048(f)(2), Dec. 28, 2001, 115 Stat. 1228.)

history & why it existsrecord from the source credit
  • 1986Enacted · Pub. L. 99-335 · 100 Stat. 574
  • 1998Amended · Pub. L. 105-261 · 112 Stat. 2145
  • 1999Amended · Pub. L. 106-58 · 113 Stat. 480
  • 2000Amended · Pub. L. 106-398 · 114 Stat. 1654, 1654
  • 2001Amended · Pub. L. 107-107 · 115 Stat. 1228

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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