Document ID: chunk:federal_register_of_legislation:C2004A01292:clause:1_22cf
Version: federal_register_of_legislation:C2004A01292
Segment Type: clause
Provision Reference: sch 1 cl 22CF
Character Range: 35561–36408

22CF  Commutation of small associate annuity

 (1) If:
 (a) the annual rate of associate immediate annuity that becomes payable to the non‑member spouse is less than the amount determined under the Orders; or
 (b) the annual rate of associate deferred annuity that becomes payable to the non‑member spouse is less than the amount determined under the Orders;
then the non‑member spouse may elect to commute the annuity.

 (2) The election must be made in writing to the Secretary not later than 3 months after the annuity becomes payable.

 (3) If the non‑member spouse makes the election, then the non‑member spouse is entitled instead to:
 (a) if paragraph (1)(a) applies—a lump sum equal to the transfer amount; or
 (b) if paragraph (1)(b) applies—a lump sum calculated under the Orders.

Division 3—Reduction of benefits for member spouse