Submitting a beneficiary designation for Plan 3 members.
(1) You may designate or change a beneficiary for your defined contribution account at any time. When received by the department, the most recent beneficiary designation supersedes all prior beneficiaries and will be used for your Plan 3 defined contribution account.
(2) If you designate a beneficiary as a Plan 2 member and move to Plan 3, the Plan 2 beneficiary designation will be used as your Plan 3 defined contribution account beneficiary.
(3) The beneficiary you designate for your defined contribution account can be different from the beneficiary you designate when you apply for your defined benefit retirement.
[Statutory Authority: RCW 41.50.050
(5), 41.40.835, 41.40.845. WSR 02-03-120, § 415-111-410, filed 1/23/02, effective 3/1/02.]