§ 870.902 Making an assignment

5 CFR 870.902(a)(a) To assign insurance, an insured individual must complete an approved assignment form. Only the insured individual may make an assignment; no one may assign insurance on behalf of an insured individual.

5 CFR 870.902(b)(b) The assignment form must be in writing, signed by the insured individual, and witnessed and signed by 2 people. The completed assignment form, indicating the intent to irrevocably assign all ownership of the insurance, must be received by the appropriate office.

5 CFR 870.902(b)(1)(1) For an employee, the appropriate office is the employing office.

5 CFR 870.902(b)(2)(2) For an annuitant or compensationer, the appropriate office is OPM.