N.D. Admin. Code 71-05-05-06

Current through Supplement No. 394, October, 2024

Section 71-05-05-06 - Lack of a designated beneficiary

If no beneficiary is designated by a member, any benefits due and payable must be paid to the estate. If the member has elected the one hundred percent joint and survivor option, and the designated beneficiary predeceases the member, the option must be canceled and the member's benefits must be returned to its unreduced amount.

N.D. Admin Code 71-05-05-06

Effective October 1, 1991.

General Authority: NDCC 39-03.1-06

Law Implemented: NDCC 39-03.1-11