Idaho Administrative Code
Title IDAPA 59 - PERSI (Public Employee Retirement System of Idaho)
Rule 59.01.01 - RULES FOR THE PUBLIC EMPLOYEE RETIREMENT SYSTEM OF IDAHO (PERSI)
Subchapter E - PERSI SEPARATION FROM SERVICE RULES
Section 59.01.01.509 - TRANSFERS TO NON-SPOUSE BENEFICIARIES
Universal Citation: ID Admin Code 59.01.01.509
Current through August 31, 2023
Notwithstanding any other provision of the Base Plan to the contrary that would otherwise limit the options of the beneficiary of a deceased member who is not the member's spouse, the administrator shall, upon the request of such a beneficiary, transfer a lump sum distribution to the trustee of an individual account established under Section 408 of the IRS Code in accordance with the provisions of Section 402(e)(11) of the IRS Code. (3-31-22)
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