50 USC 2054 - Discontinued service benefits

U.S Code last checked for updates: Nov 23, 2024

§ 2054.

Discontinued service benefits

(a)

Deferred annuity

A participant who separates from the Agency may, upon separation or at any time before the commencement of an annuity under this subchapter, elect—

(1)

to have the participant’s contributions to the fund returned to the participant in accordance with section 2071(a) of this title; or

(2)

except in a case in which the Director determines that separation was based in whole or in part on the ground of disloyalty to the United States, to leave the contributions in the fund and receive an annuity, computed as prescribed in section 2031 of this title, commencing at age 62.

(b)

Refund of contributions if former participant dies before age 62

(Pub. L. 88–643, title II, § 234, as added Pub. L. 102–496, title VIII, § 802, Oct. 24, 1992, 106 Stat. 3225; amended Pub. L. 103–178, title II, § 202(a)(10), Dec. 3, 1993, 107 Stat. 2026.)

cite as: 50 USC 2054