Ohio Admin. Code 742-7-07 - Pre-retirement survivor annuity

(A) The board will authorize payment of the benefits created by section 742.3714 of the Revised Code when the board determines that:

(1) A deceased or former member was, on the date of death, eligible to retire and to receive an immediate pension under division (C)(1) or (C)(3) of section 742.37 of the Revised Code, but had not retired because he/she had not severed employment as a police officer or fire fighter; and

(2) The deceased member is survived by a spouse or "contingent dependent beneficiary" eligible to receive the benefit.

(B) A "contingent dependent beneficiary" is eligible to receive the benefits provided by section 742.3714 of the Revised Code if, on the date of the member's death, the "contingent dependent beneficiary":

(1) Can show that he/she was dependent upon the member for at least fifty per cent of his or her annual income; and

(2) Had been designated as a "contingent dependent beneficiary" on a form provided by the board that was properly executed by the member.

(C) Annually, the board shall make reasonable efforts to notify all members who are eligible to name a "contingent dependent beneficiary" of their right to do so. A form to designate a "contingent dependent beneficiary" shall be made available to a member upon request, with the understanding that the notice will be sent to the most recent address on file with Ohio police and fire pension fund ("OP& F"). The form is properly executed only when it has been completed and signed by the member, notarized, and received by OP& F at its office. A member may designate only one person to be a "contingent dependent beneficiary." A member may change the designation at any time by completing a new form; only the latest dated designation will be effective. No person is a "contingent dependent beneficiary" eligible to receive benefits, unless OP& F has a properly executed form on file as of the date of the member's death.

(D) A surviving spouse, or "contingent dependent beneficiary" determined by the board to be eligible for the benefits provided by section 742.3714 of the Revised Code, shall be treated in all respects as if receiving benefits under the option two plan of division (A) of section 742.3711 of the Revised Code providing one-half of the member's reduced retirement allowance.

Notes

Ohio Admin. Code 742-7-07

Five Year Review (FYR) Dates: 6/13/2022 and 06/13/2027
Promulgated Under: 111.15
Statutory Authority: 742.10
Rule Amplifies: 742.3711, 742.3714
Prior Effective Dates: 06/06/1984, 04/29/2002, 05/17/2007, 07/19/2012

Five Year Review (FYR) Dates: 10/5/2017 and 07/19/2022
Promulgated Under: 111.15
Statutory Authority: 742.10
Rule Amplifies: 742.3711, 742.3714
Prior Effective Dates: 06/06/1984, 04/29/2002, 05/17/2007, 07/19/2012