§ 19.14. Waiver of annuity.
96 words·~1 min read·
/us/cfr/t22/s§ 19.14·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
An individual entitled to be paid an annuity may, for personal reasons, decline to accept all or any part of the annuity. However, a principal may not waive the portion of his/her annuity authorized to be paid to a former spouse under § 19.7 or § 19.9 or to a beneficiary under § 19.6. An annuity waiver shall be in writing and sent to the Department (PER/ER/RET). A waiver may be revoked in writing at any time. Payment of the annuity waived may not be made for the period during which the waiver was in effect.