Okla. Admin. Code § 590:40-9-31
Current through Vol. 42, No. 8, January 2, 2025
This Section shall be effective for Participant deaths prior to January 1, 2022. If the Participant dies prior to receiving Plan benefits, the benefits payable under this Plan shall be paid to his or her designated beneficiary under the distribution option selected by the designated beneficiary. If the Participant dies while benefits are being paid to the Participant under the Plan and before such benefits have been exhausted, the benefits payable under this Plan shall be paid to the designated Beneficiary under the distribution option selected by the Participant unless the Beneficiary selects a different distribution option under Plan provisions.
Okla. Admin. Code § 590:40-9-31