5 C.F.R. § 1651.17 Disclaimer of benefits.
Title 5 - Administrative Personnel
(a) Right to disclaim. The beneficiary of a TSP account may disclaim his or her right to receive all or part of a TSP death benefit. If the disclaimant is a minor, the parent or guardian of the minor must sign the disclaimer. (b) Valid disclaimer. The disclaimer must expressly state that the beneficiary is disclaiming his or her right to receive either all or a stated percentage of the death benefit payable from the TSP account of the named participant and must be: (1) Submitted in writing; (2) Signed by the person (or legal representative) disclaiming the benefit; and (3) Received before the TSP pays the death benefit. (c) Invalid disclaimer. A disclaimer is invalid if it is revocable or directs to whom the disclaimed benefit should be paid. (d) Disclaimer effect. The disclaimed share will be paid as though the beneficiary predeceased the participant, according to the rules set forth in §1651.10. [68 FR 35510, June 13, 2003]
Title 5: Administrative Personnel
PART 1651—DEATH BENEFITS
§ 1651.17 Disclaimer of benefits.
