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(U) The Importance of Updating Your Beneficiary Designations
FROM:
Human Resource Service Center for SID (MD6)
Run Date: 11/29/2006
(U) Have you recently thought about your beneficiary designations for your retirement annuity,
FEGLI , unpaid compensation and TSP ? If your family status changes due to marriage, birth or
adoption of a child, divorce or death, you may want to update your designation. Any time you
complete a new form, it, supersedes any previous designations. If you have never completed a
beneficiary form, the normal order of precedence is listed below:
(U) It is necessary to designate a beneficiary only if you want payment to be made in a way
other than the following order of precedence:
1. To the widow or widower.
2. If none of the above, to the child or children, with the share of any deceased child
distributed among the descendants of that child.
3. If none of the above, to the parents in equal shares or the entire amount to the surviving
parent.
4. If none of the above, to the duly appointed executor or administrator of the estate.
5. If none of the above, to the other next of kin who are entitled under the laws of the
domicile of the insured at the date of death.
(U) If you decide to complete designation-of-beneficiary forms, be sure to keep them current.
Each form requires 2 witnesses of your signature and neither of those witnesses can be a listed
beneficiary. Do not submit an altered form (cross outs, write overs). If you need to correct or
change the information you have entered on the form, start over on a new form.
(U) There are four designation-of-beneficiary forms:
1. TSP - Thrift Saving Plan (TSP3)
2. FEGLI - Federal Employees'Group Life Insurance (SF2823)
3. Unpaid Compensation - Unpaid Compensation of Deceased Civilian Employee (SF1152)
4. Retirement - CSRS - SF2808 or FERS - SF3102
(U) Tips on form completion :
Make sure to complete and print out both copies (employee and original)
Send TSP forms directly to the TSP (mailing address on instructions for form completion)
Send CSRS form directly to OPM (mailing address listed on link for form)
Send FERS, FEGLI and Unpaid Compensation forms to your HR Advisor
(U//FOUO) List of HR Advisors :
S3C, S32, S33
S3, S309, S31, S3E, S3T
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S2
S, S0, S1, SE, SSG, ST, SV, CA/SA/CS Interns
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SER & FLIP programs, Language/IA/GNA Interns
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S3 Co-op and High School Work-Study
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"(U//FOUO) SIDtoday articles may not be republished or reposted outside NSANet
without the consent of S0121 (DL sid_comms)."
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DERIVED FROM: NSA/CSSM 1-52, DATED 08 JAN 2007 DECLASSIFY ON: 20320108