HAR §14-59-20

HAR §14-59-20. Distribution to beneficiary

Last amended: 1997Length: 63 wordsOfficial source

Cite as Haw. Code R. § 14-59-20

Upon the death of a participant, the beneficiary shall notify the investment provider of the participant's death. After verification of the participant's death and completion of all documentation required by the board and the investment provider, a lump sum distribution of amounts deferred shall be paid to the beneficiary within sixty days. [Eff APR 26 1997 ] (Auth: HRS §88F-3) (Imp: HRS §88F-3)