1. (a) Participant. If a Participant dies without filing a beneficiary form with the Recordkeeper or is not survived by a designated Beneficiary under either the 401(a) plan or the 457(b) plan, the distribution of remaining benefits shall be made to the properly appointed administrator, executor, personal representative, or other fiduciary of the estate of the Participant. If there is no estate, or if no administrator, executor, personal representative, or other fiduciary of estate of the Participant 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; or
   5. (5) surviving siblings in equal shares.
2. (b) Surviving Beneficiary. If, after the death of the Participant, a Beneficiary dies without having a beneficiary form on file or is not survived by a designated Beneficiary, the distribution of remaining benefits shall be made to the properly appointed administrator, executor, personal representative, or other fiduciary of the estate of the Beneficiary. If there is no estate of the Beneficiary, the distribution of the Beneficiary's benefits shall be in the same manner as the distribution of the Participant's benefits as set forth in (a) of this Section.

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

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