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Start Preamble
Start Printed Page 9897
AGENCY:
Federal Retirement Thrift Investment Board.
ACTION:
Final rule.
SUMMARY:
The Executive Director of the Federal Retirement Thrift Investment Board (Agency) is adopting as final, without change, the Agency's proposed rule to permit the Agency to rely on a participant's marital status as stated on a Federal income tax form when determining whether a deceased participant had a common law marriage.
DATES:
This final rule is effective February 28, 2006.
Start Further InfoFOR FURTHER INFORMATION CONTACT:
John A. Hahn on (202) 942-1630.
End Further Info End Preamble Start Supplemental InformationSUPPLEMENTARY INFORMATION:
The Agency administers the Thrift Savings Plan (TSP), which was established by the Federal Employees' Retirement System Act of 1986 (FERSA), Public Law 99-335, 100 Stat. 514. The TSP provisions of FERSA are codified, as amended, largely at 5 U.S.C. 8351 and 8401-79.
On January 12, 2006, the Agency published a proposed rule with request for comments in the Federal Register (71 FR 1984). The Agency received no comments on the proposed rule. Therefore, the Executive Director is publishing the proposed rule as final without change.
Regulatory Flexibility Act
I certify that these regulations will not have a significant economic impact on a substantial number of small entities. They will affect only employees of the Federal Government.
Paperwork Reduction Act
I certify that these regulations do not require additional reporting under the criteria of the Paperwork Reduction Act of 1980.
Unfunded Mandates Reform Act of 1995
Pursuant to the Unfunded Mandates Reform Act of 1995, 2 U.S.C. 602, 632, 653, 1501-1571, the effects of this regulation on state, local, and tribal governments and the private sector have been assessed. This regulation will not compel the expenditure in any one year of $100 million or more by state, local, and tribal governments, in the aggregate, or by the private sector. Therefore, a statement under § 1532 is not required.
Submission to Congress and the General Accounting Office
Pursuant to 5 U.S.C. 801(a)(1)(A), the Board submitted a report containing this rule and other required information to the U.S. Senate, the U.S. House of Representatives, and the Comptroller General of the United States before publication of this rule in the Federal Register. This rule is not a major rule as defined at 5 U.S.C. 804(2).
Start List of SubjectsList of Subjects in 5 CFR Part 1651
- Employee benefit plans
- Government employees
- Pensions
- Retirement
Gary A. Amelio,
Executive Director, Federal Retirement Thrift Investment Board.
Accordingly, for the reasons set forth in the preamble, section 1651.5 of chapter VI of title 5 of the Code of Federal Regulations is amended as follows:
End Amendment Part Start PartPART 1651—DEATH BENEFITS
End Part Start Amendment Part1. The authority citation for part 1651 continues to read as follows:
End Amendment Part Start Amendment Part2. Revise § 1651.5 to read as follows:
End Amendment PartSpouse of participant.(a) For purposes of payment under § 1651.2(a)(2), the spouse of the participant is the person to whom the participant was married on the date of death. A person is considered to be married even if the parties are separated, unless a court decree of divorce or annulment has been entered. State law of the participant's domicile will be used to determine whether the participant was married at the time of death.
(b) If a person claims to have a marriage at common law with a deceased participant, the TSP will pay benefits to the putative spouse under § 1651.2(a)(2) in accordance with the marital status shown on the most recent Federal income tax return filed by the participant. Alternatively, the putative spouse may submit a court order or administrative adjudication determining that the common law marriage is valid.
[FR Doc. 06-1864 Filed 2-27-06; 8:45 am]
BILLING CODE 6760-01-P
Document Information
- Effective Date:
- 2/28/2006
- Published:
- 02/28/2006
- Department:
- Federal Retirement Thrift Investment Board
- Entry Type:
- Rule
- Action:
- Final rule.
- Document Number:
- 06-1864
- Dates:
- This final rule is effective February 28, 2006.
- Pages:
- 9897-9897 (1 pages)
- Topics:
- Employee benefit plans, Government employees, Pensions, Retirement
- PDF File:
- 06-1864.pdf
- CFR: (1)
- 5 CFR 1651.5