Okla. Admin. Code § 590:10-13-8
Current through Vol. 42, No. 8, January 2, 2025
If the Excess Contributions of a deceased Eligible Member remain in the Member's account in the System at the time of transfer, the Excess Contributions and Earnings shall be transferred to the Incentive Plan in the same manner as if the Eligible Member were not deceased. Once transferred to the Incentive Plan, distribution shall be governed by the Incentive Plan provisions as provided in 590:35-13-5 and 590:35-13-6. For purposes of a deceased retired Eligible Member, the Excess Contributions shall be considered on deposit if no accumulated employee contributions have been disbursed to a beneficiary.
Okla. Admin. Code § 590:10-13-8