Code of Federal Regulations · Section
§ 234.61 — Assignment Of Interest By An Eligible Person
20 C.F.R. § 234.61
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(a) Any person who is eligible to receive a share of a lump-sum payment may assign his or her share to another eligible applicant, provided the share is not more than $500.
(b) If an LSDP or accrued annuity is payable, the request that a share be assigned must be received at a Board office no later than two years after the death of the employee or the originally entitled person.
Authorizing Statute
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Railroad Retirement Board45 U.S.C. § 231f