5 C.F.R. § 870.902 Making an assignment.
Title 5 - Administrative Personnel
(a) To assign insurance, an insured individual must complete an approved assignment form. Only the insured individual can make an assignment; no one can assign on behalf of an insured individual. (b) The individual must submit the completed and signed form to the appropriate office indicating the intent to irrevocably assign all ownership of the insurance. The form must also be witnessed and signed by 2 people. (1) For employees, the appropriate office is the employing office. (2) For annuitants and compensationers, the appropriate office is OPM. (3) For employees and former employees who have ported Option B coverage, the appropriate office is the Portability Office. [64 FR 72464, Dec. 28, 1999]
Title 5: Administrative Personnel
PART 870—FEDERAL EMPLOYEES' GROUP LIFE INSURANCE PROGRAM
Subpart I—Assignments of Life Insurance
§ 870.902 Making an assignment.
