If a participant retires and does not provide a survivor annuity to a spouse, former spouse or designated beneficiary, the participant receives a “full” annuity. A full annuity means an annuity computed without any survivorship reduction. Example: Average salary $20,000 and maximum of 35 years of service.
Average basic annual salary for high 3 consecutive years of service | $20,000
|
Multiplied by 2 pct | .02
|
| $400.00
|
Multiplied by 35 years of creditable service | .35
|
Full annuity | $14,000 |
authority: Secs. 206 and 801 of Foreign Service Act of 1980 (94 Stat. 2079, 2102); Sec. 4 of Act of May 26, 1949 (
22 U.S.C. 2658)
source: 46 FR 12958, Feb. 19, 1981, unless otherwise noted. Redesignated at 46 FR 18970, Mar. 27, 1981.
cite as: 22 CFR 19.10-1