N.J. Admin. Code § 17:3-3.13

Current through Register Vol. 56, No. 23, December 2, 2024
Section 17:3-3.13 - Benefits payable when a member dies with a retirement application pending

Pursuant to N.J.S.A. 18A:66-47 and 18A:66-47.3, the person designated as the beneficiary of an optional settlement on the retirement application may request, upon the member's death, that a retirement become effective and that a selection of an optional settlement be made as authorized by the law. If there is no designated beneficiary for an optional settlement, the person designated as the beneficiary to receive the return of contributions or unpaid benefits due to a retiree at the date of death may make this request. If a beneficiary requests that an optional settlement be made, the death benefits payable on behalf of the member shall be the death benefits payable on behalf of a member who dies after retirement as otherwise provided in the TPAF Act, N.J.S.A. 18A:66-1 through 93, as amended and supplemented.

N.J. Admin. Code § 17:3-3.13

Amended by 47 N.J.R. 2876(a), effective 11/16/2015
Amended by 50 N.J.R. 1968(b), effective 9/4/2018