21-5-708. Designated beneficiary.

Arkansas Code — all titles (historical 2020) · legal_authorities

21-5-708. Designated beneficiary.

21-5-708. Designated beneficiary. (a)(1) A covered public employee may designate a beneficiary on a form provided by his or her employer. (2) The form to designate a beneficiary shall be completed by the covered public employee, witnessed, and submitted to his or her employer to be kept in the covered public employee's personnel file. (3) Upon a change of beneficiary, the employer shall notify the previous beneficiary within thirty (30) days after the change of beneficiary occurred. (b) If the covered public employee does not designate a beneficiary, the benefits shall be paid to the surviving spouse or surviving children under twenty-two (22) years of age or, if there is no surviving spouse or surviving children under twenty-two (22) years of age, then to the surviving children twenty-two (22) years of age or older or to the surviving parents.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 21-5-708

Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.