Mo. Code Regs. Ann. tit. 16, § 30-2.311
Refunds of Premiums for Optional Life Insurance
Effective Jun 7, 1993sections 104.010, RSMo (Cum. Supp. 1992) and 104.500, RSMo (Supp. 1988).* Original rule filed Nov. 25, 1992, effective June 7, 1993. *Original authority: 104.010, RSMo (1955), amended 1965, 1969, 1972, 1981, 1982, 1983, 1987, 1988, 1989, 1992 and 104.500, RSMo (1957), amended 1981, 1984, 1988Missouri State Employees' Retirement System
PURPOSE: This rule establishes guidelines for the refund of employee premiums for optional life insurance upon approval of a waiver of premiums due to disability.
- (1) The retirement system may refund an overpayment of premiums paid by the employee for optional life insurance coverage provided the premiums have been waived and may be recovered from the carrier.
AUTHORITY: sections 104.010, RSMo (Cum. Supp. 1992) and 104.500, RSMo (Supp. 1988).* Original rule filed Nov. 25, 1992, effective June 7, 1993. *Original authority: 104.010, RSMo (1955), amended 1965, 1969, 1972, 1981, 1982, 1983, 1987, 1988, 1989, 1992 and 104.500, RSMo (1957), amended 1981, 1984, 1988.