(a) If a retiree fails to make a deposit required under Sec. 831.682 or Sec. 831.684 within 60 days after the date of the notice required by Sec. 831.682(e) or Sec. 831.684(c), the deposit will be collected by offset from his or her annuity in installments equal to 25 percent of the retiree's net annuity (as defined in Sec. 838.103 of this chapter).
(b) If a retiree fails to make a deposit required by Sec. 831.631 or Sec. 831.632 within 2 years after the date of the post-retirement marriage or divorce, the deposit will be collected by offset from his or her annuity in installments equal to 25 percent of the retiree's net annuity (as defined in Sec. 838.103 of this chapter).
(c) If a retiree dies before a deposit required under Sec. Sec. 831.631, 831.632, 831.682, or 831.684 is fully made, the deposit will be collected from the survivor annuity (for which the election required the deposit) before any payments of the survivor annuity are made. [50 FR 20070, May 13, 1985, as amended at 51 FR 31935, Sept. 8, 1986; 57 FR 33597, July 29, 1992; 58 FR 52881, Oct. 13, 1993. Redesignated and amended at 58 FR 52882, Oct. 13, 1993]
Children's Annuities