Alabama Administrative Code
Title 800 - RETIREMENT SYSTEMS OF ALABAMA
Chapter 800-5-7 - DISTRIBUTIONS
Section 800-5-7-.03 - Designation Of Beneficiary
Universal Citation: AL Admin Code R 800-5-7-.03
Current through Register Vol. 42, No. 11, August 30, 2024
Each participating public employee may designate a beneficiary, on forms prescribed by the administrative staff, to receive any assets remaining in his account at the time of his death. This beneficiary designation may be changed at any time in writing on forms prescribed by the administrative staff. Upon the death of a participating employee, the account balance will be distributed to or retained for the designated beneficiary as permitted by federal law.
Author: William T. Stephens, General Counsel, RSA.
Statutory Authority: Code of Ala. 1975, § 36-27A-3.
Disclaimer: These regulations may not be the most recent version. Alabama may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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