Rule 3309-1-08 | Payment of benefits and allowances.
(A) Effective July 1, 1953 all annuities, retirement allowances, and benefits provided by law and payable in monthly installments shall be due and payable in full on the first day of the month.
(B) All annuities, retirement allowances, and benefits shall be paid on the first day of the month due.
(C) The retirement system may suspend any annuity, retirement allowance or benefit under the following circumstances:
(1) If the system has good cause to believe either of the following:
(a) That a retirant or benefit recipient may be incapacitated, and no other person has authority to act or receive payment on the retirant or benefit recipient's behalf; or
(b) That a retirant or benefit recipient is deceased or missing.
(2) If correspondence sent to the most recent mailing address provided by a retirant or benefit recipient is returned to the system as undeliverable and the system does not receive an updated mailing address within thirty days of receipt of the undeliverable correspondence.
Last updated February 21, 2024 at 11:31 AM
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