NDAC 71-05-05-06

Lack of a designated beneficiary

Last amended: 1991Year: 2026Length: 55 wordsOfficial source

Cite as N.D. Admin. Code ยง 71-05-05-06

If no beneficiary is designated by a member, any benefits due and payable must be paid to the estate. If the member has elected the one hundred percent joint and survivor option, and the designated beneficiary predeceases the member, the option must be canceled and the member's benefits must be returned to its unreduced amount.