New Hampshire Statutes
§ 100-A:12-a — Payments in Lieu of Payments to Estates
I. Notwithstanding any other provision under this chapter to the contrary, in the event that any payment in the amount of $15,000 or less is to be made by the New Hampshire retirement system to the estate of a deceased member or beneficiary, the retirement system may, but is not required to, make payment to the next of kin of such deceased member or beneficiary provided that all of the following conditions are met:
(a)At least 6 months have passed since the death of such member or beneficiary.
(b)There has been no demand for payment from a duly appointed executor or administrator.
(c)No probate proceedings have been instituted with respect to such deceased member or beneficiary, or all such probate proceedings have been closed.
(d)The next of kin has provided a written request for such
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New Hampshire § 100-A:12-a (Payments in Lieu of Payments to Estates) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
2014, 26:1, eff. July 22, 2014.
Nearby Sections
15
§ 100-A:1
Definitions§ 100-A:10
Vested Deferred Retirement Benefit§ 100-A:10-a
Repealed by 1988, 191:6, eff. July 1, 1988§ 100-A:11
Return of Members' Contributions§ 100-A:11-a
Eligible Rollover Distributions; Direct Transfer§ 100-A:12-a
Payments in Lieu of Payments to Estates§ 100-A:13
Optional Allowances§ 100-A:13-a
Designation of Beneficiaries; Effect§ 100-A:13-b
Maximum Benefit Limitations§ 100-A:14
Administration§ 100-A:14-a
Subcommittees of the Board of Trustees§ 100-A:14-b
Independent Investment Committee§ 100-A:15
Management of Funds§ 100-A:16
Method of Financing