Form G-126, Election To Receive A Residual a Payment Instead Of Future Monthly Insurance Benefits Based On Service Under The Railroad Retirement Act
If you are the employee's widow(er)or parent and you are not currently qualified to receive a monthly survivor annuity but will become qualified in the future and you are applying for the residual lump-sum, you must complete Form G-126 in addition to the Form AA-21. By completing the Form G-126 you are telling the RRB that you will give up all rights to future payment (that is, you will never receive a monthly survivor annuity based on the employee's railroad work) in order to receive the residual lump-sum now.