Public Employees Retirement System - Contributions - Survivor benefits.


Published: 2004-12-24

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(A) This rule amplifies division (C) of section 145.82 of the Revised Code and section 11.02 of the combined plan document.

(B) Subject to division (C)(1) of section 145.45 of the Revised Code, the beneficiary or beneficiaries of a deceased member participating in the combined plan may elect to forfeit the sums payable under article VIII of the combined plan document and to substitute survivor benefits if the beneficiary or beneficiaries:

(1) Meet the requirements of section 145.45 of the Revised Code;

(2) Elect to transfer to the traditional pension plan under section 11.02 of the combined plan document.