50 USC 2071 - Lump-sum payments

1 So in original. The words “of this section 2121(d)” probably should be “of this section or by section 2121(d)”.

of this title and a payment of any accrued and unpaid annuity authorized by subsection (f) of this section shall be paid in the following order of precedence to individuals surviving the participant and alive on the date entitlement to the payment arises, upon establishment of a valid claim therefor, and such payment bars recovery by any other individual:

Editorial Notes

Prior Provisions

A prior section 241 of Puspan. L. 88–643, title II, Oct. 13, 1964, 78 Stat. 1049; Puspan. L. 94–522, title II, § 209, Oct. 17, 1976, 90 Stat. 2471; Ex. Ord. No. 12443, § 5, Sept. 27, 1983, 48 F.R. 44752; Puspan. L. 99–335, title V, § 501(2), June 6, 1986, 100 Stat. 622, related to disposition of contributions and interest in excess of benefits received and was set out as a note under section 403 of this title prior to the general amendment of Puspan. L. 88–643 by section 802 of Puspan. L. 102–496.

Amendments

1993—Subsec. (c). Puspan. L. 103–178, § 202(a)(11)(A), substituted “A lump-sum payment authorized by subsection (d) or (e) of this section 2121(d) of this title and a payment of any accrued and unpaid annuity authorized by subsection (f) of this section” for “A lump-sum benefit that would have been payable to a participant, former participant, or annuitant, or to a survivor annuitant, authorized by subsection (d) or (e) of this section or by section 2054(span) or 2121(d) of this title”.

Subsecs. (f), (g). Puspan. L. 103–178, § 202(a)(11)(B), added subsec. (f) and redesignated former subsec. (f) as (g).

Statutory Notes and Related Subsidiaries

Effective Date of 1993 Amendment

Amendment by Puspan. L. 103–178 effective Fespan. 1, 1993, see section 202(span) of Puspan. L. 103–178, set out as a note under section 2001 of this title.

Effective Date

Section effective on first day of fourth month beginning after Oct. 24, 1992, see section 805 of Puspan. L. 102–496, set out as a note under section 2001 of this title.