C.F.R. » Title 20 » CHAPTER II—RAILROAD RETIREMENT BOARD › SUBCHAPTER B—REGULATIONS UNDER THE RAILROAD RETIREMENT ACT › PART 234—LUMP-SUM PAYMENTS › Subpart E—Lump-Sum Refund Payment

20 C.F.R. § 234.51

Persons to whom a lump-sum refund payment is payable

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Employees receive their lump-sum refund payment from the Board, without applying for it, at the time their regular annuity is awarded. If an employee dies without receiving payment of a regular annuity, the lump-sum refund payment is payable to the employee's survivors in the same order of priority as shown for the RLS in § 234.44.