Skip to main content
Back To Top Top Back To Top
This website publishes administrative rules on their effective dates, as designated by the adopting state agencies, colleges, and universities.

Rule 145-3-15 | Calculation of amount due retirant with multiple beneficiaries under the multiple-life plan.


(A) This rule amplifies section 9.03(e) of the combined plan document and, in the case of a monthly annuity payment option only, sections 9.02 of the combined and member-directed plan documents.

(B) Calculation of the amount due to a retirant receiving a benefit pursuant to a plan of payment under which a portion of the benefit continues, after the death of the retirant, to two, three, or four surviving beneficiaries shall be calculated in accordance with rule 145-2-62 of the Administrative Code.

Supplemental Information

Authorized By: 145.09
Amplifies: 145.80
Five Year Review Date: 9/29/2024
Prior Effective Dates: 10/27/2006, 9/1/2013 (Emer.)