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§ 831.611 Election at time of retirement of fully reduced annuity to provide a current spouse annuity
Regulation
5 CFR 831.611
Text
9 passages
5 CFR 831.611(a)(a) A married employee or Member retiring under CSRS will receive a fully reduced annuity to provide a current spouse annuity unless—
5 CFR 831.611(a)(1)(1) The employee or Member, with the consent of the current spouse, elects a self-only annuity, a partially reduced annuity, or a fully reduced annuity to provide a former spouse annuity, in accordance with § 831.612(b) or § 831.614; or
5 CFR 831.611(a)(2)(2) The employee or Member elects a self-only annuity, a partially reduced annuity or a fully reduced annuity to provide a former spouse annuity, and current spousal consent is waived in accordance with § 831.608.
5 CFR 831.611(b)(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 § 831.614.
5 CFR 831.611(c)(c) The maximum rate of a current spouse annuity is 55 percent of the rate of the retiring employee's or Member's self-only annuity if the employee or Member is retiring based on a separation from a position under CSRS on or after October 11, 1962. The maximum rate of a current spouse annuity is 50 percent of the rate of the retiring employee's or Member's self-only annuity if the employee or Member is retiring based on a separation from a position covered under CSRS between September 30, 1956, and October 11, 1962.
5 CFR 831.611(d)(1)(d)(1) The amount of the reduction to provide a current spouse annuity equals 2 1/2 percent of the first $3600 of the designated survivor base plus 10 percent of the portion of the designated survivor base which exceeds $3600, if—
5 CFR 831.611(d)(1)(i)(i) The employee's or Member's separation on which the retirement is based was on or after October 11, 1962; or
5 CFR 831.611(d)(1)(ii)(ii) The reduction is to provide a current spouse annuity (under § 831.631) for a spouse acquired after retirement.
5 CFR 831.611(d)(2)(2) The amount of the reduction to provide a current spouse annuity under this section for former employees or Members whose retirement is based on separations before October 11, 1962, equals 2 1/2 percent of the first $2400 of the designated survivor base plus 10 percent of the portion of the designated survivor base which exceeds $2400.
About
- Type
- Regulation section
- Citation
- 5 CFR 831.611
- Last amended
- 2017-01-01
Amendment history
- 2017-01-01Election at time of retirement of fully reduced annuity to provide a current spouse annuity
Cited by
No document in the source library cites this section
Cites
- 5 CFR 831.608
- 5 CFR 831.612
- 5 CFR 831.614
- 5 CFR 831.631