Or. Admin. Code § 459-045-0080 - PERS Notifications
(1) PERS
is separate from other public employer retirement plans and deferred
compensation plans, and notification to other plans does not constitute notice
to PERS. PERS is not responsible for notifying other plans of member or
alternate payee changes in address, changes in eligibility, application for
benefits, or death.
(2) PERS shall
send a written notification acknowledging receipt of a final court order to the
submitting party. PERS shall send a copy of the acknowledgment to the other
persons named in the court order only if those persons' mailing addresses are
provided to PERS.
(3) PERS will
notify an alternate payee of an event described in ORS
238.465(2)(a)(B),
unless the alternate payee has already commenced receiving alternate payee
benefits.
(4) PERS shall issue the
applicable tax reporting forms directly to the recipient of any funds that are
issued by PERS pursuant to a final court order.
(5) PERS shall notify the member or the
alternate payee, or both, of any benefit payments that are reduced by PERS
pursuant to Section 415 of the Internal Revenue
Code.
Notes
Stat. Auth.: ORS 238.465, 238.650 & 238A.450
Stats. Implemented: ORS 238.465
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.