Ohio Administrative Code
Title 145 - Public Employees Retirement System
Chapter 145-3 - Contributions
Section 145-3-75 - Death benefit payment
Universal Citation: OH Admin Code 145-3-75
Current through all regulations passed and filed through March 18, 2024
(A) This rule shall apply only to the death benefit payable pursuant to section 145.451 of the Revised Code.
(B) A retirant may designate a beneficiary or beneficiaries to receive only the death benefit payment.
(1) Such designation may be changed
on a form provided by the public employees retirement system.
(2)
The death benefit payment shall be divided equally
among the surviving beneficiaries if the retirant designated multiple
beneficiaries.
(C) If the death benefit is payable to the person responsible for the retirant's burial expenses, such person shall submit proof of financial liability and proof of payment of these expenses .
(D) If a beneficiary of the death benefit payment or portion of a death benefit payment dies prior to the distribution of the amount, the payment shall be issued to the beneficiary's estate.
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