29.344—Survivor benefits.
(a)
The general rule that Federal Benefit
Payments are calculated under the applicable
retirement plan as though the employee were
eligible for optional retirement and separated on
June 30, 1997, does not apply to death benefits
that are not determined by length of
service.
(b)
In cases in which the amount of death
benefits is not determined by length of service,
the amount of Federal Benefit Payments is
calculated by multiplying the amount of the total
benefit payable by the number of full months of
service through June 30, 1997, and then dividing
by the number of months of total service at
retirement (for elected survivor benefits) or
death (for guaranteed-minimum death-in-service
survivor benefits). (See example 13 of appendix A
of this subpart.)