Rule 145-2-60 | Designation of beneficiaries under the multiple-life plan.

• Effective: September 16, 2013
• Promulgated Under: 111.15

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.

Last updated October 17, 2023 at 10:24 AM

Supplemental Information

Authorized By: 145.09
Amplifies: 145.384, 145.46, 145.64
Five Year Review Date: 9/30/2026
Prior Effective Dates: 10/27/2006, 4/6/2007 (Emer.), 7/1/2007, 9/1/2013 (Emer.)