5 C.F.R. § 842.603

Election at time of retirement of a fully reduced annuity to provide a current spouse annuity.

Last amended: 2017Year: 2026Length: 174 wordsSubsections: 3Official source

Cite as 5 C.F.R. § 842.603 (2026)

(a) A married employee or Member retiring under FERS will receive a fully reduced annuity to provide a current spouse annuity unless— (1) The employee or Member, with the consent of the current spouse, elects a self-only annuity, a one-half reduced annuity to provide a current spouse annuity, or a fully reduced annuity or a one-half reduced annuity to provide a former spouse annuity, in accordance with § 842.604 or § 842.606; or (2) The employee or Member elects a self-only annuity or a fully reduced annuity or a one-half reduced annuity to provide a former spouse annuity, and current spousal consent is waived in accordance with § 842.607. (b) Qualifying court orders that award former spouse annuities prevent payment of current spouse annuities to the extent necessary to comply with the court order and § 842.613. (c) The amount of the reduction to provide a current spouse annuity under this section is 10 percent of the retiree's annuity. [52 FR 2061, Jan. 16, 1987, as amended at 57 FR 54678, Nov. 20, 1992]
Cross-references to the CFR
842.604842.606842.607.842.613.
5 C.F.R. § 842.603: Election at time of retirement of a fully reduced annuity to provide a current spouse annuity. | Justis AI