If the account is to be paid to the participant's parent or parents under § 1651.2(a)(4), the following rules apply:
(a)Amount. If both parents are alive at the time of the participant's death, each parent will be separately paid fifty percent of the account. If only one parent is alive at the time of the participant's death, he or she will receive the entire account balance.
(b)Step-parent. A step-parent is not considered a parent unless the step-parent adopted the participant.
Title 5 published on 2014-01-01
The following are only the Rules published in the Federal Register after the published date of Title 5.
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This is a list of United States Code sections, Statutes at Large, Public Laws, and Presidential Documents, which provide rulemaking authority for this CFR Part.