Ga. Comp. R. & Regs. R. 292-2-.03 - Change of Beneficiary or Method of Payment

Once a beneficiary is designated or a method of payment selected, such designation or selection may only be changed by filing another properly executed form, to be provided by the Commission, with the Commission via the Georgia Department of Administrative Services, Atlanta, Georgia. No such change shall be effective until received by the Commission. If a beneficiary is not designated, payment shall be made to the estate; and if the method of payment is not designated, payment shall be made in lump sum.

Notes

Ga. Comp. R. & Regs. R. 292-2-.03

Ga. L. 1980, pp. 700, 704, 705.

Original Rule entitled "Change of Beneficiary or Method of Payment" adopted. F. Aug. 7, 1978; eff. Aug. 27, 1978. Repealed: New Rule of the same title adopted. F. July 20, 1981; eff. August 9, 1981.