Or. Admin. Code § 459-014-0045 - Payment of Chapter 238 Pre-Retirement Death Benefits

(1) To be eligible for the benefit under ORS 238.395(2), the member's spouse must be the member's sole beneficiary under ORS 238.390.
(2) A beneficiary who elects to receive the optional spouse death benefit under ORS 238.395(2) will receive actuarially determined monthly payments for life only when the total monthly amount of their benefit is at least the amount established in ORS 238.315.

Notes

Or. Admin. Code § 459-014-0045
PERS 2-2022, adopt filed 01/31/2022, effective 1/31/2022

Statutory/Other Authority: ORS 238.650

Statutes/Other Implemented: ORS 238.315, ORS 238.390 & ORS 238.395

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