Designation of beneficiary for lump-sum payment.

CFR · 2024-01-01 · US · Title 5

(a) The Designation of Beneficiary must be in writing, signed, and witnessed,and received in OPM before the death of the designator. (b) No change or cancellation of beneficiary in a last will or testament, or in any other document not witnessed (c) A witness to a Designation of Beneficiary is ineligible to receive payment as a beneficiary. (d) Any person, firm, corporation, or legal entity may be named as beneficiary. (e) A change of beneficiary may be made at any time and without the knowledge or consent of the previous beneficiary, and this right cannot be waived or restricted.

official document · source cfr-2024 · id 5:§ 831.2005