842.603—Election at time of retirement of a fully reduced annuity to provide a current spouse annuity.
(a)
A married employee or Member retiring under FERS will receive a fully reduced annuity to provide a current spouse annuity unless—
(1)
The employee or Member, with the consent of the current spouse, elects a self-only annuity, a one-half reduced annuity to provide a current spouse annuity, or a fully reduced annuity or a one-half reduced annuity to provide a former spouse annuity, in accordance with § 842.604 or § 842.606; or
(2)
The employee or Member elects a self-only annuity or a fully reduced annuity or a one-half reduced annuity to provide a former spouse annuity, and current spousal consent is waived in accordance with § 842.607.
(b)
Qualifying court orders that award former spouse annuities prevent payment of current spouse annuities to the extent necessary to comply with the court order and § 842.613.
(c)
The amount of the reduction to provide a current spouse annuity under this section is 10 percent of the retiree's annuity.