20 CFR 411.565 – What happens if two or more ENs qualify for payment on the same ticket but have elected different EN payment systems?
Current as of: 2024 | Check for updates
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We will pay each EN (or State VR agency acting as an EN) according to its elected EN payment system in effect at the time the beneficiary assigned the ticket to the EN (or the State VR agency acting as an EN).
Terms Used In 20 CFR 411.565
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC