United States Code (Last Updated: May 24, 2014) |
Title 5. GOVERNMENT ORGANIZATION AND EMPLOYEES |
Part III. EMPLOYEES |
SubPart G. Insurance and Annuities |
Chapter 84. FEDERAL EMPLOYEES’ RETIREMENT SYSTEM |
SubChapter IV. SURVIVOR ANNUITIES |
§ 8444. Rights of a named individual with an insurable interest
Latest version.
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The annuity of a survivor named under section 8420(a) is 55 percent of the reduced annuity of the retired employee or Member determined under paragraph (2) of such section 8420(a). The annuity of the survivor commences on the day after the retired employee or Member dies. This annuity and the right thereto terminate on the last day of the month before the survivor dies.