| |
What Happens If Your Spouse Dies?
If
you are receiving a qualified joint and survivor annuity on or after January 1,
1999, and your spouse dies while you are still alive, your monthly benefit will
be adjusted to the payment you would have received under a single life annuity.
This is called the "Pop-Up Benefit." The Pop-Up Benefit commences on the first
day of the first month after your spouse dies, provided you have given a
certified copy of the death certificate to the Fund Office. If you provide the
Fund Office with the death certificate after such date, the Pop-Up Benefit will
start in the next month and up to six months of retroactive Pop-Up Benefit
payments will be made.
Also see Optional Forms of Benefit - if your beneficiary is your spouse.
|
|
