Or. Admin. Code § 459-014-0040

Current through Register Vol. 63, No. 12, December 1, 2024

Section 459-014-0040 - Valid Request for Distribution of Pre-Retirement Death Benefits

(1) For the purposes of this rule, "valid request for distribution" is when PERS receives the last required document PERS has determined necessary to distribute a death benefit to a beneficiary.

(2) PERS must receive a copy of the death certificate of the deceased member or alternate payee. PERS will provide instructions to a beneficiary identifying additional documents that must be received to make a valid request for distribution. Required documents may include but are not limited to:

(a) Death Benefit Election;

(b) Letters of Testamentary/Administration;

(c) Small Estate Affidavit or out of state equivalent;

(d) Affidavit of Next of Kin;

(e) Affidavit of Beneficiary;

(f) Declaration of Beneficiary;

(g) Proof of marriage;

(h) Proof of registered domestic partnership;

(i) Proof of birth of the beneficiary;

(j) Trust document or certification of trust;

(k) Proof of Conservatorship; and

(l) Proof of Guardianship.

(3) Earnings crediting for the distribution amount for an IAP account beneficiary will be determined under OAR 459-007-0320.

Or. Admin. Code § 459-014-0040

PERS 2-2012, f. & cert. ef. 2-1-12; PERS 2-2020, amend filed 01/31/2020, effective 1/31/2020; PERS 1-2024, amend filed 02/02/2024, effective 2/2/2024

Statutory/Other Authority: ORS 238.650 & 238A.450

Statutes/Other Implemented: ORS 238.390, 238A.230, 238A.410 & ORS 238.395