5 CFR 1651.4 - How to change or cancel a designation of beneficiary.

§ 1651.4 How to change or cancel a designation of beneficiary.

(a)Change. To change a designation of beneficiary, the participant must submit to the TSP record keeper a new TSP designation of beneficiary form meeting the requirements of § 1651.3 to the TSP record keeper. If the TSP receives more than one valid TSP designation of beneficiary form, it will honor the form with the latest date signed by the participant. A participant may change a TSP beneficiary at any time, without the knowledge or consent of any person, including his or her spouse.

(b)Cancellation. A participant may cancel all prior designations of beneficiaries by sending the TSP record keeper either a new valid designation of beneficiary form meeting the requirements of § 1651.3, or a letter. If the participant uses a letter to cancel a designation of beneficiary, it must be signed and witnessed in the same manner as a TSP designation of beneficiary form; it must explicitly state that all prior designations are canceled; and the TSP record keeper must receive it on or before the date of the participant's death.

(c)Will. A participant cannot use a will to change or cancel a TSP designation of beneficiary.

[ 70 FR 32216, June 1, 2005]

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.

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United States Code

Title 5 published on 09-May-2017 03:44

The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to 5 CFR Part 1651 after this date.

  • 2017-05-05; vol. 82 # 86 - Friday, May 5, 2017
    1. 82 FR 21107 - Designation of Beneficiary
      GPO FDSys XML | Text
      Final rule.
      This rule is effective May 15, 2017.
      5 CFR Part 1651
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