For Plan members who elected the Joint and 66 2/3% Survivor Pension Guaranteed for 5 years

Important! This option only applies if you were employed before April 6, 2010.


If you pass away before receiving 5 years (60 months) of pension payments

• Your designated beneficiary or estate will receive a lump sum payment equal to the present value of the remaining pension payments, calculated at the time of your death.
   

If you pass away after receiving 5 years (60 months) of pension payments

• Your designated beneficiary or estate will receive a lump sum payment equal to the difference between your contributions with interest at the date of your retirement and the total of all pension payments received at the time of your death, if any.