1. (a) The retirement benefit payable for the month of death of a member, joint annuitant or surviving spouse shall be payable to said member, joint annuitant, or surviving spouse. In the event the final benefit is returned to the System or is not otherwise paid, the benefit shall be paid to the member, joint annuintant or surviving spouse's named beneficiary.

2. (b) If there is no named beneficiary the final monthly benefit payment may be paid to the first of the following:

   1. (1) the estate;
   2. (2) surviving spouse;
   3. (3) surviving children in equal shares;
   4. (4) surviving grandchildren in equal shares;
   5. (5) surviving parents in equal shares;
   6. (6) surviving siblings in equal shares.

Amended at 16 Ok Reg 610, eff 12-2-98 (emergency)

Amended at 16 Ok Reg 2010, eff 6-11-99

Amended at 22 Ok Reg 126, eff 10-6-04 (emergency)

Amended at 22 Ok Reg 1354, eff 5-26-05

Amended at 31 Ok Reg 53, eff 8-28-13 (emergency)

Amended at 31 Ok Reg 2314, eff 9-12-14

Amended at 42 Ok Reg, Number 20, effective 7-11-25