Oregon Administrative Rules
Chapter 459 - OREGON PUBLIC EMPLOYEES RETIREMENT SYSTEM
Division 13 - RETIREMENT BENEFITS
Section 459-013-0320 - Payment of Increased Benefits to an Alternate Payee

Universal Citation: OR Admin Rules 459-013-0320

Current through Register Vol. 63, No. 9, September 1, 2024

(1) The provisions of this rule apply to an alternate payee who receives retirement benefit payments derived from an "alternate payee account" or a separate benefit option as provided under OAR 459-045-0010(2) or (3)(b).

(2) If an alternate payee is eligible to receive increased benefits under ORS 238.465(5), the percentage of the increased benefit payable to the member, as determined under ORS 238.364, 238.366, 238.368, and 238.372 to 238.384, is the increased benefit percentage for which the alternate payee is eligible. If the member predeceases the alternate payee, the increased benefit percentage payable to the member at the time of death remains the increased benefit percentage for which the alternate payee is eligible.

(3) If the alternate payee is eligible for the increased benefit under section (2), payment of the increased benefit to the alternate payee under ORS 238.372 to 238.384 is determined by the residency of the alternate payee.

Stat. Auth.: ORS 238.650

Stats. Implemented: ORS 238.362, 238.364, 238.366, 238.465& 238.372 - 238.384

Disclaimer: These regulations may not be the most recent version. Oregon 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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