Current through September 17, 2024
Section 303-9-005 - Timing of Search Methods005.01 Once a participant has been determined to be missing after routine methods of delivering notice have been undertaken in subsection 003.01, NPERS will within ninety (90) days after making such determination begin a formal search process, and implement the search methods in subsection 003.02.005.02 The formal search process will consist of NPERS staff undertaking the search methods in subsection 003.02 based upon the likelihood of success for each method utilized. NPERS will determine the order and frequency in which each method is used. This determination will take into consideration the known information regarding the each missing participant, including but not limited to the following:(a) last known address or residence;(b) date of last known correspondence from the participant;(c) information about relatives and beneficiaries;(d) employment information;(f) any other information known to NPERS or transmitted by an employer to NPERS.005.03 At least once every twelve (12) months, NPERS should undertake one or more of the methods listed in subsection 003.02 during a formal search process.005.04 The formal search process will continue until property held by NPERS for the benefit of the participant is presumed abandoned in accordance with subsection 007.01.303 Neb. Admin. Code, ch. 9, § 005