Arkansas Code § 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 the age of twenty-two (22) or, if there is no surviving spouse or surviving children under the age of twenty-two (22), then to the surviving children twenty-two (22) years of age or older or to the surviving parents.

Section: Previous  21-5-702  21-5-703  21-5-704  21-5-705  21-5-706  21-5-707  21-5-708  

Last modified: November 15, 2016