| Home >> Other Plans >> Military Affairs Plan >> Survivor Benefits | |
| Survivor Benefits | |
 |
|
|
If you die before termination of state service, monthly
survivor benefits are payable to a surviving spouse, and if no
surviving spouse, to dependent children under age 20. Monthly benefits
payable to a surviving spouse are payable for life. If survivor
benefits are payable to dependent children, they are payable until
age 20, or for five years, whichever is later. Survivor benefits for
military affairs personnel are calculated using the same formula as
the General Employees
Retirement Plan. Survivor benefits are based on a person's high-five average salary, years of service, and age at the time of death. Please contact MSRS if you would like an estimate of the monthly survivor benefits payable from your account. If you die without a surviving spouse or dependent children, your beneficiary is entitled to a refund of your contributions plus six percent interest. If you do not designate a beneficiary, your account would be payable in this order:
|
|