HAR §14-59-28. Distribution to beneficiary

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 investment provider, a lump sum distribution of amounts deferred or remaining amounts deferred shall be paid to the beneficiary within sixty days. [Eff APR 26 1997] (Auth: HRS §88F-3) (Imp: HRS §88F-3)