If you are an active or disabled member enrolled in the Death and Disability Plan at the time of your death, your beneficiaries may receive a benefit equal to the greater of
- your effective salary (subject to the maximum salary); or
- the applicable median salary (prorated for part-time employment).
Your beneficiaries are eligible for this benefit if your employer has been paying Death and Disability Plan dues.
If you are a retired member, the salary continuation benefit is designed to assist with funeral expenses.
The benefit amount is tied to your retirement date:
- Within three years of retirement from active membership, the benefit is based on the death benefit basis at the time of retirement (the greater of your annual effective salary, subject to the maximum salary limit of $100,000, or the churchwide median salary for your employment classification) and is reduced by 1/12 every three months after the member retires from eligible service.
- After three years of retirement, the benefit is the minimum of $9,000.
If you are a terminated vested member, your beneficiaries may be eligible for the minimum benefit, $9,000, if you meet one of the following criteria:
- You were receiving a retirement pension benefit on January 1, 2007.
- You met the Rule of 70 upon retirement.
Receiving Payment of the Benefit
The benefit is paid to the designated beneficiary(ies) in equal monthly installments for 12 months after your death, except for the minimum benefit, $9,000, which is disbursed in a one-time payment. With multiple beneficiaries, the benefit is distributed equally among them, unless you have designated otherwise in writing.
You can log on to Benefits Connect to add, change, or verify your designated beneficiaries and the percentage of the benefit assigned to each.
If you do not designate a beneficiary, the Board will pay the benefit in the following order to your
- spouse, provided the marriage occurred at least one year before your death or any disability benefits began;
- dependent children under age 21 who are not in a marriage, and permanently disabled children age 21 or older who are not in a marriage and depended on you for support for 12 months before and on the date of death;
- member's children's estate.