Ohio Admin. Code 145-2-60

Current through all regulations passed and filed through October 28, 2024

Section 145-2-60 - Designation of beneficiaries under the multiple-life plan

The portion of the lesser amount continuing after death to two, three, or four surviving beneficiaries designated at the time of a member's retirement or at the time of commencement of a contributor's benefit under section 145.384 or 145.64 of the Revised Code shall be allocated among the beneficiaries in whole percentages only.

Ohio Admin. Code 145-2-60

Five Year Review (FYR) Dates: 9/30/2021 and 09/30/2026
Promulgated Under: 111.15
Statutory Authority: 145.09
Rule Amplifies: 145.384, 145.46, 145.64
Prior Effective Dates: 10/27/2006, 04/06/2007 (Emer.), 07/01/2007, 09/01/2013 (Emer.), 09/16/2013

Five Year Review (FYR) Dates: 09/29/2016 and 09/29/2021
Promulgated Under: 111.15
Statutory Authority: 145.09
Rule Amplifies: 145.384, 145.46, 145.64
Prior Effective Dates: 10/27/06, 4/6/07 (Emer.), 7/1/07, 9/1/13 (Emer.), 9/16/13