Okla. Admin. Code § 715:10-9-2

Current through Vol. 42, No. 3, October 15, 2024

Section 715:10-9-2 - Death benefit when death occurs before retirement

(a) A death benefit of $18,000 shall be paid by TRS to the designated beneficiary upon the death of an in-service member. If there is no designated beneficiary, or if the designated beneficiary predeceases the member, the member's estate shall receive the death benefit.

(b) "In-service" membership shall include:

(1) Employees in an active-member status within the Oklahoma public education system at the time of death.

(2) Members who have been, or would have been rehired, automatically or otherwise, for the next school year when death occurs during the summer break.

(3) Members on sick leave, for up to one (1) full year, who would be returned to employment by the employer upon satisfactory recovery.

(c) "In-service" membership shall not include:

(1) Employees who are not eligible for TRS membership.

(2) Any member in an in-active employment status except as noted above in paragraph (b).

(3) Any member who resigned as an employee of the public schools of Oklahoma.

Okla. Admin. Code § 715:10-9-2

Amended at 10 Ok Reg 3879, eff 7-12-93; Amended at 17 Ok Reg 204, eff 9-8-99 (emergency); Amended at 17 Ok Reg 3071, eff 7-13-00; Amended at 22 Ok Reg 2255, eff 6-25-05; Revoked at 29 Ok Reg 854, eff 8-1-12

Amended by Oklahoma Register, Volume 36, Issue 22, August 1, 2019, eff. 8/11/2019