97B.44 BENEFICIARY.
Each member shall designate on a form to be furnished by the
system a beneficiary for death benefits payable under this chapter on
the death of the member. The designation may be changed from time to
time by the member by filing a new designation with the system. A
designation or change in designation made by a member on or after
July 1, 2000, shall contain the written consent of the member's
spouse, if applicable. The designation of a beneficiary is not
applicable if the member receives a refund of all contributions of
the member. If a member who has received a refund of contributions
returns to employment, the member shall file a new designation with
the system.
If a member has not designated a beneficiary on a form furnished
by the system, or if there are no surviving designated beneficiaries
of a member, death benefits payable under this chapter shall be paid
to the member's estate.
However, the system may accept a married member's designation or
change in designation under this section without the written consent
of the member's spouse if the member submits a notarized statement
indicating that the member has been unable to locate the member's
spouse to obtain the written consent of the spouse after reasonable
diligent efforts. The member's designation or change in designation
shall become effective upon filing the necessary forms, including the
notarized statement, with the system. The system shall not be liable
to the member, the member's spouse, or to any other person affected
by the member's designation or change of designation, based upon a
designation or change of designation accomplished without the written
consent of the member's spouse.
97B.44 BENEFICIARY.
Each member shall designate on a form to be furnished by the
system a beneficiary for death benefits payable under this chapter on
the death of the member. The designation may be changed from time to
time by the member by filing a new designation with the system. A
designation or change in designation made by a member on or after
July 1, 2000, shall contain the written consent of the member's
spouse, if applicable. The designation of a beneficiary is not
applicable if the member receives a refund of all contributions of
the member. If a member who has received a refund of contributions
returns to employment, the member shall file a new designation with
the system.
If a member has not designated a beneficiary on a form furnished
by the system, or if there are no surviving designated beneficiaries
of a member, death benefits payable under this chapter shall be paid
to the member's estate.
However, the system may accept a married member's designation or
change in designation under this section without the written consent
of the member's spouse if the member submits a notarized statement
indicating that the member has been unable to locate the member's
spouse to obtain the written consent of the spouse after reasonable
diligent efforts. The member's designation or change in designation
shall become effective upon filing the necessary forms, including the
notarized statement, with the system. The system shall not be liable
to the member, the member's spouse, or to any other person affected
by the member's designation or change of designation, based upon a
designation or change of designation accomplished without the written
consent of the member's spouse.
97B.44 BENEFICIARY.
Each member shall designate on a form to be furnished by the
system a beneficiary for death benefits payable under this chapter on
the death of the member. The designation may be changed from time to
time by the member by filing a new designation with the system. A
designation or change in designation made by a member on or after
July 1, 2000, shall contain the written consent of the member's
spouse, if applicable. The designation of a beneficiary is not
applicable if the member receives a refund of all contributions of
the member. If a member who has received a refund of contributions
returns to employment, the member shall file a new designation with
the system.
If a member has not designated a beneficiary on a form furnished
by the system, or if there are no surviving designated beneficiaries
of a member, death benefits payable under this chapter shall be paid
to the member's estate.
However, the system may accept a married member's designation or
change in designation under this section without the written consent
of the member's spouse if the member submits a notarized statement
indicating that the member has been unable to locate the member's
spouse to obtain the written consent of the spouse after reasonable
diligent efforts. The member's designation or change in designation
shall become effective upon filing the necessary forms, including the
notarized statement, with the system. The system shall not be liable
to the member, the member's spouse, or to any other person affected
by the member's designation or change of designation, based upon a
designation or change of designation accomplished without the written
consent of the member's spouse.
