§ 234.51. Persons to whom a lump-sum refund payment is payable.
56 words·~1 min read·
/us/cfr/t20/s§ 234.51·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Employees receive their lump-sum refund payment from the Board, without applying for it, at the time their regular annuity is awarded. If an employee dies without receiving payment of a regular annuity, the lump-sum refund payment is payable to the employee's survivors in the same order of priority as shown for the RLS in § 234.44.