Employee Notification of Outstanding Wages Beneficiary Designation Option

The employee now has the option of designating a beneficiary to receive their final check in the event of the employee’s death while an employee with Oklahoma Panhandle State University.

If you elect to name a beneficiary, you must complete the form, Outstanding Wages Beneficiary Designation Form, and submit to Human Resources. Should you desire to change your beneficiary at some point in the future, it will be your responsibility to complete and submit to Human Resources another Outstanding Wages Beneficiary Designation Form. For example, if you name your spouse and are later divorced, you may want to complete a new form.

If you choose not to name a beneficiary, the payroll office will issue the final paycheck, including any pay for unused paid leave, up to a maximum of 150 unused hours per OPSU’s Staff handbook; and, in accordance with Title 40, O.S., Section 165.3a, Payment of wages to surviving spouse and children. Please be advised that if your final check is processed without the naming of a beneficiary, your surviving spouse, or if there is no surviving spouse, your dependent children, or their guardians or the conservators of their estates, will receive in equal shares a total up to the maximum $3,000 allowed by law. Any remaining payment would go into the estate and go through probate. Please be advised that access to the funds processed to an estate may be delayed due to the probate process.

Download the form here.