Deferred annuity and survivor's lump-sum benefit

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Q. I left my position before I was eligible for an annuity. I believe I will be eligible for deferred annuity when I reach age 62. However, if I die before age 62, is my spouse able to request a lump-sum payment and receive a refund of my retirement contributions? I am in CSRS.

A. Yes.

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Reg Jones was head of retirement and insurance policy at the Office of Personnel Management. Email your retirement-related questions to fedexperts@federaltimes.com.

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