N.H. Admin. Code § Sw 3001.08

Current through Register No. 45, November 7, 2024
Section Sw 3001.08 - Payment Election Review

A winner of an annuity option shall have the opportunity to review the election prior to the final claim being made subject to the following:

(a) The winner shall have 60 days from the date a claim is filed to change the election from annuity to a lump sum cash payment;
(b) The winner shall sign a statement furnished by the commission indicating their final election, either annuity or cash payment;
(c) The winner shall be under no obligation to accept the cash payment; and
(d) The winner shall not be allowed to revoke, withdraw or otherwise change their final election.

N.H. Admin. Code § Sw 3001.08

#7095, eff 9-15-99; ss by #8162, eff 9-9-04; ss by #8367, eff 6-2-05; ss by #8543, eff 1-21-06; ss by #9519, eff 7-25-09