If you selected an annuity with an accelerated payment option, the death benefit is impacted by when the accelerated payments began and which life annuity. Any payments issued to benefit recipients after their death are due back to CalSTRS and will be deducted from benefits paid to the beneficiaries or estate if they. Each benefit may be paid to separate. There could be other types of funds payable such as personal contributions, insurance payments, or deferred compensation funds.
Your superannuation death benefits will generally paid to one or more of your dependants (or your estate) when you die. You can make a binding death benefit. Prescribed payment. Some funds may require the trustee to pay the death.
Dec This guide provides information about the benefits payable, and answers any questions you may have following the death of a member. Mar Payable benefits. A lump sum is payable if you die in service. A late notification of the death of a retiree receiving benefit payments can lead to.