If you are an active, disabled, or retired member covered under the Death and Disability Plan and your dues are current at the time of your death, you may be eligible for the children’s education benefit. (Exceptions exist within the 90-day window for no-cost death coverage if you are enrolled in Pastor's Participation.)
Under this benefit, each of your eligible children may receive $10,000 a year for the first four years of full-time study beyond high school.
Upon your death, your family should contact the Board of Pensions when planning for a child’s higher education. The Board will send a
Your family or survivor must return all completed forms to the Board.
The Board issues the children’s education benefit monthly, directly to the student. For students in semester-based programs, the following payment schedule applies:
The maximum aggregate benefit for any one eligible child is four years and $40,000 and does not cover study that occurred before the date of death. The benefit is not intended to cover graduate studies; however, the Board will grant it for one year of graduate study if a child completes post-secondary study in three years.
The school registrar must verify with the Board, in writing, full-time student status periodically in the academic year. The registrar can return any form of verification on official school or clearinghouse letterhead to the Board of Pensions.