How do I change beneficiary designations?
When you elected your pension option you were offered an opportunity to designate a Beneficiary. If you wish to change this earlier designation, you should contact the Fund Office. If it is possible for you to change your beneficiary, we will send you the necessary paperwork. If a Lump Sum Death Benefit is due it will be paid out as follows:
- Equally to his/her children, if no children,
- Equally to his/her parents, if no parents,
- Equally to his/her siblings, if no siblings,
- No benefits are payable.