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Title 20: Employees' Benefits
CHAPTER II: RAILROAD RETIREMENT BOARD
SUBCHAPTER B: REGULATIONS UNDER THE RAILROAD RETIREMENT ACT
PART 266: REPRESENTATIVE PAYMENT
266.9 - Responsibilities of a representative payee.
(a) A representative payee shall, subject to review by the Board and to such requirements as it may from time-to-time prescribe, apply the payments made to him or her on behalf of the annuitant only for the use and benefit of such annuitant, and in a manner and for purposes which are in the annuitant's best interests.
(b) A representative payee shall notify the Board of any event that will affect the amount of benefits the annuitant receives or the right of the annuitant to receive benefits.
(c) A representative payee shall notify the Board of any change in his or her circumstances that would affect performance of the payee responsibilities.
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