Ohio Admin. Code 742-3-28
Current through all regulations passed and filed through October 28, 2024
In cases where a member designates a beneficiary upon the person's election to participate in DROP and the member is required to elect a joint and survivor annuity pursuant to a court order , the member shall have the right to designate a former spouse as an additional beneficiary under division (A)(4) of section 742.3711 of the Revised Code in such cases without a corresponding reduction in DROP benefits. In all other cases, the member will not be permitted to make additional selections of beneficiaries upon the person's retirement.
Ohio Admin. Code 742-3-28
Promulgated Under: 111.15
Statutory Authority: 111.15
Rule Amplifies: 742.3711
Prior Effective Dates: 10/23/2006 (Emer.), 01/07/2007, 01/30/2017
Five Year Review (FYR) Dates: 11/15/2016 and 01/20/2022
Promulgated Under: 111.15
Statutory Authority: 742.10
Rule Amplifies: 742.3711
Prior Effective Dates: 10/23/06(Emer), 01/07/2007