Oklahoma Administrative Code
Title 590 - Oklahoma Public Employees Retirement System
Chapter 10 - Public Employees Retirement System
Subchapter 19 - Medicare Gap Benefit Option
Section 590:10-19-9 - Medicare Gap Benefit Inapplicable for joint annuitants
Current through Vol. 41, No. 13, March 15, 2024
(a) The Medicare Gap Benefit does not apply to the benefit amount of a joint annuitant or surviving spouse of a member when the member dies prior to his or her effective retirement date.
(b) Following the death of the member after retirement and election of the Medicare Gap Benefit option, the survivor benefit payments to a named joint annuitant under an Option A or to the surviving spouse of a deceased elected official shall be one-half or 50% of the Regular Retirement Benefit plus any necessary adjustments for COLA's.
(c) Following the death of the member after retirement and election of the Medicare Gap Benefit option, the survivor benefit payments to a named joint annuitant under an Option B shall be 100% of the Regular Retirement Benefit plus any necessary adjustments for COLA's.
Added at 22 Ok Reg 1354, eff 5-26-05
