1. (a) Death of Participant. If the Participant predeceases the alternate payee, the Participant's death shall not affect the alternate payee's right to the portion of benefits as set forth in the order.

2. (b) Death of alternate payee. In the event of the alternate payee's death the alternate payee's beneficiaries, as designated on the appropriate form, shall receive the remainder of any unpaid benefits under the terms of the order. In the absence of a beneficiary designation, the unpaid benefits shall be paid the alternate payee's estate. If no administrator, executor, personal representative, or other fiduciary of the estate of the alternate payee has been appointed by a Court within one hundred twenty (120) days after death, the distribution of benefits may be paid to the first of the following:

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

Added at 32 Ok Reg 2179, eff 9-11-15

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