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§ 838.235 Payment of lump-sum awards
Regulation
5 CFR 838.235
Text
1 passages
5 CFR 838.235If a court order acceptable for processing awards a former spouse a lump-sum amount from the employee annuity and does not state the monthly rate at which OPM should pay the lump-sum, OPM will pay the former spouse equal monthly installments at 50 percent of the gross annuity (subject to the limitations under § 838.211) at the time of retirement or the date of the order, whichever comes later, until the lump-sum amount is paid.
About
- Type
- Regulation section
- Citation
- 5 CFR 838.235
- Last amended
- 2017-01-01
Amendment history
- 2017-01-01Payment of lump-sum awards