Montana Sheriffs' Retirement System Member Handbook 2006
Montana Sheriffs' Retirement System Member Handbook 2006
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NOTE : Advise your beneficiary to contact the MPERA for complete details about benefits in the event of your death.
36 Death Benefit Claim - Active or Inactive Member Upon notification of a member's death, we will send a death benefit claim to the designated beneficiary. To make a claim for a death benefit, the beneficiary must return the form to the MPERA along with written proof of the member's death. A copy of the death certificate is the best document to send. (§ 19-7-901, MCA) Death of Act...ive Member Prior to Retirement The beneficiary of a member who dies before retirement is entitled to select one of the following options for which the member qualified and the beneficiary qualifies: □ A lump-sum payment of the member's accumulated contribu- tions; or □ a survivorship benefit equal to 2.5% of the member's Highest Average Compensation (HAC) for each year of sendee credit, reduced by a factor based upon the number of years the member's age was less than age 65, or the number of years required for the member to have completed 20 years of membership sendee, whichever provides for the larger benefit; or □ A survivorship benefit equal to one-half the member's HAC, if the board finds the member died as a direct and proximate re- sult of injuries received in the course of employment.
What to read after Montana Sheriffs' Retirement System Member Handbook 2006?
You can find similar books in the "Read Also" column, or choose other free books by Montana. Public Employees' Retirement Board to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
NOTE : Advise your beneficiary to contact the MPERA for complete details about benefits in the event of your death.
36 Death Benefit Claim - Active or Inactive Member Upon notification of a member's death, we will send a death benefit claim to the designated beneficiary. To make a claim for a death benefit, the beneficiary must return the form to the MPERA along with written proof of the member's death. A copy of the death certificate is the best document to send. (§ 19-7-901, MCA) Death of Act...ive Member Prior to Retirement The beneficiary of a member who dies before retirement is entitled to select one of the following options for which the member qualified and the beneficiary qualifies: □ A lump-sum payment of the member's accumulated contribu- tions; or □ a survivorship benefit equal to 2.5% of the member's Highest Average Compensation (HAC) for each year of sendee credit, reduced by a factor based upon the number of years the member's age was less than age 65, or the number of years required for the member to have completed 20 years of membership sendee, whichever provides for the larger benefit; or □ A survivorship benefit equal to one-half the member's HAC, if the board finds the member died as a direct and proximate re- sult of injuries received in the course of employment.
What to read after Montana Sheriffs' Retirement System Member Handbook 2006?
You can find similar books in the "Read Also" column, or choose other free books by Montana. Public Employees' Retirement Board to read onlineMoreLess
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