Oklahoma Administrative Code
Title 590 - Oklahoma Public Employees Retirement System
Chapter 10 - Public Employees Retirement System
Subchapter 19 - Medicare Gap Benefit Option
Section 590:10-19-14 - Payments to an alternate payee under a QDRO

Universal Citation: OK Admin Code 590:10-19-14

Current through Vol. 41, No. 13, March 15, 2024

(a) An Eligible Member for whom a qualified domestic relations order has been filed and previously accepted by the System prior to the effective date of these rules may elect a Medicare Gap Benefit only if the Pre-Medicare and/or Post Medicare Benefit amounts are sufficient to make the required payment to the alternate payee under the QDRO and result in a payment amount to the member of at least $100.00 per month.

(b) All qualified domestic relations orders filed with the System after the effective date of these rules shall include a provision requiring that the award will only be made for members electing a Medicare Gap Benefit if the member's Pre-Medicare and/or Post Medicare Benefit amounts are sufficient to make the required payment to the alternate payee under the QDRO and result in a payment amount to the member of at least One Hundred Dollars ($100.00) per month.

Added at 22 Ok Reg 1354, eff 5-26-05; Amended at 23 Ok Reg 1482, eff 5-25-06

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