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OK HB3128
Bill
Status
4/14/2010
Primary Sponsor
Neil Brannon
Click for details
AI Summary
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Amends 74 O.S. 2001, Section 916.1 to allow beneficiaries of public employees to assign death benefits to licensed funeral directors or funeral service businesses.
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Maintains existing death benefit amounts: $4,000 for retired members who died before July 1, 1999, and $5,000 for those who died on or after July 1, 1999.
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Permits the Oklahoma Public Employees Retirement System to waive probate procedures for death benefits up to $10,000 when proper documentation and affidavits from heirs are provided.
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Effective date: November 1, 2010.
Legislative Description
State government; allowing the assignment of death benefits of certain entities authorized to provide funeral services. Effective date.
Government
Last Action
Approved by Governor 04/12/2010
4/14/2010