Many employees file a designation of beneficiary form and never think about it again. However, life circumstances may change, and the designation may no longer reflect the employee's intentions. Or beneficiaries may move, but employees may not update their designation form with the current address; then when the employee (or retiree) dies, the paying office cannot locate the beneficiary to make payment. You should review your designation of beneficiary forms periodically to ensure they reflect your current intentions and information. A will has no effect on payment of Federal benefits. It is necessary to file a designation of beneficiary form when you do not want to follow the normal order of precedence, which is:
* Note: lump sum purposes only - does not affect the right of any individual who is eligible for survivor annuity benefits. Please complete and mail the forms as directed in the instructions on each form. The SF-2808 is maintained by the Office of Personnel Management (OPM) and the TSP-3 is maintained by the Thrift Savings Plan (TSP). All others are maintained in your Official Personnel Folder at your servicing Human Resources office. You should keep copies of your designation forms with your important papers.