Death Benefits
Death Benefits shall be paid from the Fund to the designated beneficiary upon the death of a retiree who was receiving retirement or disability allowance benefits. This is a separate benefit from the Survivorship Option. The designated beneficiary does not have to be the spouse of the retiree.
Rates
The following table indicates the amount of death benefit depending on age and years of service in the plan.
Retired between November 1983 – Present
- $8000:
65 years old and had 20 years of creditable continuous service; or 60 years old and the sum of the employee’s age and years of creditable continuous service equaled 90; or who retired with 25 or more years of continuous creditable service; or the sum employee’s age and creditable continuous service years equal 94 or more when employee began receiving benefits.
- $6000:
At age 60 and prior to age 65 with 20 years of creditable continuous service when employee began receiving benefits.
- $5000:
At age 55 and prior to age 60 with 20 years of creditable continuous service when employee began receiving benefits.
- $2000 if:
Less than 55 years of age and less than 20 years of creditable continuous service when employee began receiving benefits.
Retired between February 1982 – October 31, 1983
- $8000:
65 years old and had 20 years of creditable continuous service; or 60 years old and the sum of the employee’s age and years of creditable continuous service equaled 90; or who retired with 30 or more years of continuous creditable service; or the sum employee’s age and creditable continuous service years equal 94 or more when employee began receiving benefits.
- $6000:
At age 60 and prior to age 65 with 20 years of creditable continuous service when employee began receiving benefits.
- $5000:
At age 55 and prior to age 60 with 20 years of creditable continuous service when employee began receiving benefits.
- $2000 if:
Less than 55 years of age and less than 20 years of creditable continuous service when employee began receiving benefits.
Supporting Forms and Application
All forms may not be required.
Completed signed forms must be received in the Pension Office no later than the fourteenth (14th) day of the month preceding your month of retirement. For example, if you wish to retire on June 1st, your completed application must be in the Retirement Plan Office no later than May 14th.
