Death Benefits - Retirees
Your named beneficiaries will be eligible for a death benefit from the Plan after you retire if you were receiving a monthly retirement allowance, and you had at least 5 years of Department Service with the Plan.
To learn more about Death Benefits for retirees and the claims process, please watch a short video.
The Death Benefit for a retiree consists of the following:
- 14 times your Option Full monthly retirement allowance (up to a maximum of $20,000); and
- A refund of your employee contributions and interest if you selected Option A at retirement; and
- Accrued retirement; and
- Monthly continuance(s), when applicable
BENEFICIARY DESIGNATION
It is important fo you to keep your Beneficiary Desgination form current with the Plan. To learn about designating a beneficiary, please see the section for Beneficiary Designation.
FAMILY DEATH BENEFIT/SUPPLEMENTAL
In addition to the Death Benefit listed above, if you have a minor child or an adult disabled child, they may also qualify for a monthly benefit after you die. To learn about benefits for your children, please see the section for Family Death Benefits.