Page:United States Statutes at Large Volume 106 Part 4.djvu/492

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106 STAT. 3228 PUBLIC LAW 102-496—OCT. 24, 1992 "(2) If there is no designated beneficiary, to the surviving wife or husband of such participant. "(3) If none of the above, to the child or children of such participant and descendent of deceased children by representation. "(4) If none of the above, to the parents of such participant or the survivor of them. "(5) If none of the above, to the duly appointed executor or administrator of the estate of such participant. "(6) If none of the above, to such other next of kin of such participant as the Director determines to be legally entitled to such payment, "(d) DEATH OF FORMER PARTICIPANT BEFORE RETIREMENT.— "(1) IN GENERAL.—Except as provided in paragraph (2), if a former participant eligible for a deferred annuity under section 234 dies before reaching age 62, such former participant's lump-sum credit shall be paid in accordance with subsection (c).

    • (2) LIMITATION.— In any case where there is a surviving

former spouse or surviving former wife or husband of such {>articipant who is entitled to a share of such participant's ump-sum credit under paragraphs (2) and (3) of subsection (b), the liunp-simi credit payable under paragraph (1) shall be reduced by the liunp-sum credit payable to such former spouse or former wife or husband. "(e) TERMINATION OF ALL ANNUITY RIGHTS.— If all annuity rights under this title based on the service of a dececused participant or annuitant terminate before the total annuity paid equ£ds the lump-sum credit, the difference shall be paid in accordance with subsection (c). "(f) TERMINATION OF SURVIVOR ANNUITY.— An annuity accrued and unpaid on the termination, except by death, of the annuity of a survivor annuitant shall be paid to that individual. An annuity accrued and unpaid on the death of a survivor annuitant shall be paid in the following order of precedence, and the payment bars recovery by any other individual: "(1) To the duly appointed executor or administrator of the estate of the survivor annuitant. "(2) If there is no executor or administrator, to such next of kin of the survivor annuitant as the Director determines to be legally entitled to such payment, except that no payment shall be made under this paragraph until after the expiration of 30 days from the date of death of the survivor annuitant.

    • Part F—Period of Service for Annuities

50 USC 2081. •«EC. 251. COMPUTATION OF LENGTH OF SERVICE. "(a) IN GENERAL. — "(1) CREDITING SERVICE AS PARTICIPANT. —For the purposes of this title, the period of service of a participant shall be computed from the date on which the participant becomes a participant under this title. "(2) EXCLUSION OF CERTAIN PERIODS.— In computing the period of service of a participant, all periods of separation nrom the Agency and so much of any leave of absence without pay as may exceed six months in the aggregate in any calendar