Okla. Admin. Code § 590:10-7-6

Current through Vol. 42, No. 6, December 2, 2024

Section 590:10-7-6 - Failure to submit documents; benefit estimates

(a) If all of a retired member's required documents have not been received by the fifteenth day of the month in which the first retirement benefit payment isto be issued, the System will withhold payment of any benefit until all required documents have been received. If all the required documents are not received within six (6) months after the requested retirement date, the retirement shall be cancelled and no retroactive benefits shall be paid. In the event the retirement is cancelled pursuant to this section, the member shall be required to reapply for a new retirement date which shall be considered as having met the sixty (60) day notice requirement.

(b) In order to receive a benefit estimate, a member shall provide all the required documents necessary for the System to calculate the benefit estimate. No benefit estimate shall be processed until such documents have been received. The System shall determine which documents are necessary to calculate a benefit estimate.

Okla. Admin. Code § 590:10-7-6

Amended at 21 Ok Reg 1759, eff 6-11-04; Amended at 22 Ok Reg 1354, eff 5-26-05

Amended by Oklahoma Register, Volume 31, Issue 24, September 2, 2014, eff. 9/12/2014