Okla. Admin. Code § 715:10-9-2
Death benefit when death occurs before retirement
Effective Aug 11, 201936 Ok Reg 1255Amended at 10 Ok Reg 3879, eff 7-12-93; Amended at 17 Ok Reg 204, eff 9-8-99 (emergency); Amended at 17 Ok Reg 3071, eff 7-13-00; Amended at 22 Ok Reg 2255, eff 6-25-05; Revoked at 29 Ok Reg 854, eff 8-1-12; Added at 36 Ok Reg 1255, eff 8-11-19Teachers' Retirement System
- (a) A death benefit of $18,000 shall be paid by TRS to the designated beneficiary upon the death of an in-service member. If there is no designated beneficiary, or if the designated beneficiary predeceases the member, the member's estate shall receive the death benefit.
(b) "In-service" membership shall include:
- (1) Employees in an active-member status within the Oklahoma public education system at the time of death.
- (2) Members who have been, or would have been rehired, automatically or otherwise, for the next school year when death occurs during the summer break.
- (3) Members on sick leave, for up to one (1) full year, who would be returned to employment by the employer upon satisfactory recovery.
(c) "In-service" membership shall not include:
- (1) Employees who are not eligible for TRS membership.
- (2) Any member in an in-active employment status except as noted above in paragraph (b).
- (3) Any member who resigned as an employee of the public schools of Oklahoma.
Amended at 10 Ok Reg 3879, eff 7-12-93
Amended at 17 Ok Reg 204, eff 9-8-99 (emergency)
Amended at 17 Ok Reg 3071, eff 7-13-00
Amended at 22 Ok Reg 2255, eff 6-25-05
Revoked at 29 Ok Reg 854, eff 8-1-12
Added at 36 Ok Reg 1255, eff 8-11-19