Section Ret 308.06 - Death During Installment Payment PeriodIn the event that an eligible employee dies during the installment payment period the eligible employee's estate shall elect to either:
(a) Continue to make such payments, pursuant to the requirements of Ret 308, and upon final approval receive the appropriate prior service credit on behalf of the eligible employee; or(b) Withdraw, with prejudice, the eligible employee's petition for prior service credit and receive, in accordance with the provisions of Ret 308.05, a lump sum return of all installment payments made by the eligible employee.N.H. Admin. Code § Ret 308.06
#5324, eff 2-5-92 (from Ret 307.04) , EXPIRED: 2-5-98
New. #7375, INTERIM, eff 10-13-00, EXPIRES: 4-11-01; ss by #7478, eff 4-10-01; ss by #7573, eff 10-10-01, EXPIRED: 10-10-09
New. #9562, eff 10-14-09
Amended by Volume XXXVIII Number 19, Filed May 10, 2018, Proposed by #12511, Effective 4/11/2018, Expires 10/8/2028.Amended by Volume XXXIX Number 06, Filed February 7, 2019, Proposed by #12707, Effective 1/9/2019, Expires 1/9/2029.