Terms Used In U.S. Code > Title 50 > Chapter 38 > Subchapter II > Part E - Lump-Sum Payments

• Agency: means the Central Intelligence Agency. See 50 USC 2001
• Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
• 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}
• Descendent: One who is directly descended from another such as a child, grandchild, or great grandchild.
• Director: means the Director of the Central Intelligence Agency. See 50 USC 2001
• Entitlement: A Federal program or provision of law that requires payments to any person or unit of government that meets the eligibility criteria established by law. Entitlements constitute a binding obligation on the part of the Federal Government, and eligible recipients have legal recourse if the obligation is not fulfilled. Social Security and veterans' compensation and pensions are examples of entitlement programs.
• Executor: A male person named in a will to carry out the decedent
• individual: shall include every infant member of the species homo sapiens who is born alive at any stage of development. See 1 USC 8
• lump-sum credit: means the unrefunded amount consisting of retirement deductions made from a participant's basic pay and amounts deposited by a participant covering earlier service, including any amounts deposited under section 2082(h) of this title. See 50 USC 2001
• writing: includes printing and typewriting and reproductions of visual symbols by photographing, multigraphing, mimeographing, manifolding, or otherwise. See 1 USC 1