What Happens to My Pension When I Die?

If you die after your pension payments have begun but before you have received 60 monthly payments, your designated beneficiary will continue to receive monthly benefit payments until a total of 60 monthly payments are made. In addition, a lump sum death benefit may be payable, depending on your circumstances when you die. (This is why you must complete and submit a beneficiary card when you first start working.)

more FAQs>>