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Current as of March 28, 2024 | Updated by Findlaw Staff
(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 twenty-two (22) years of age or, if there is no surviving spouse or surviving children under twenty-two (22) years of age, then to the surviving children twenty-two (22) years of age or older or to the surviving parents.
Cite this article: FindLaw.com - Arkansas Code Title 21. Public Officers and Employees § 21-5-708. Designated beneficiary - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-21-public-officers-and-employees/ar-code-sect-21-5-708/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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