# § 2054. Discontinued service benefits
**(a)** **Deferred annuity** A participant who separates from the Agency may, upon separation or at any time before the commencement of an annuity under this subchapter, elect—
**(1)** to have the participant’s contributions to the fund returned to the participant in accordance with section 2071(a) of this title; or
**(2)** except in a case in which the Director determines that separation was based in whole or in part on the ground of disloyalty to the United States, to leave the contributions in the fund and receive an annuity, computed as prescribed in section 2031 of this title, commencing at age 62.
**(b)** **Refund of contributions if former participant dies before age 62** section 2071 of this title
If a participant who qualifies under subsection (a) to receive a deferred annuity commencing at age 62 dies before reaching age 62, the participant’s contributions to the fund, with interest, shall be paid in accordance with the provisions of .
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**Source Credit**: (Pub. L. 88–643, title II, § 234, as added Pub. L. 102–496, title VIII, § 802, Oct. 24, 1992, 106 Stat. 3225; amended Pub. L. 103–178, title II, § 202(a)(10), Dec. 3, 1993, 107 Stat. 2026.)
## Editorial Notes
### Prior Provisions
A prior , title II, , ; , , ; , , , related to discontinued service benefits and was set out as a note under prior to the general amendment of by .
### Amendments
1993—Subsec. (b). substituted “section 2071” for “sections 2071 and 2121”.
## Statutory Notes and Related Subsidiaries
### Effective Date of 1993 Amendment
Amendment by effective , see , set out as a note under .
### Effective Date
Section effective on first day of fourth month beginning after , see , set out as a note under .