Okla. Admin. Code § 590:10-7-10

Current through Vol. 42, No. 8, January 2, 2025

Section 590:10-7-10 - Final benefit

The retirement benefit payable for the month of death of a member, joint annuitant or survivor shall be payable to said member, joint annuitant, or surviving spouse. In the event the final benefit is returned to the System or is not otherwise paid, the benefit shall be paid to the member's named beneficiary. If there is no named beneficiary or estate, the final monthly benefit payment shall be paid to the first of the following:

(1) surviving spouse;

(2) surviving children in equal shares;

(3) surviving parents in equal shares;

(4) surviving siblings in equal shares;

(5) member's estate .

Okla. Admin. Code § 590:10-7-10

Amended at 16 Ok Reg 610, eff 12-2-98 (emergency); Amended at 16 Ok Reg 2010, eff 6-11-99; Amended at 22 Ok Reg 126, eff 10-6-04 (emergency); Amended at 22 Ok Reg 1354, eff 5-26-05

Amended by Oklahoma Register, Volume 31, Issue 24, September 2, 2014, eff. 9/12/2014