When you are logged in to your online claim, you will see what options are available to you. Types of distribution options are described below.

Direct Payment: Some lump-sum payments must be received in a direct payment (e.g., a “fractional” payment, a Required Minimum Distribution, funds from the member’s Group Term Life Insurance). Other payments have distribution options noted below.

Direct Rollover: Some lump-sum payments can be rolled over (e.g., QPP Death Benefit #2). Spouse beneficiaries can roll over all or part of their benefit to an eligible Individual Retirement Arrangement (IRA) or other eligible successor program; eligible successor programs are indicated in the online death benefit claim feature. Non-spouse beneficiaries may roll over all or part of their benefit only to an Inherited IRA or an Inherited Roth IRA.

Annuitization: In certain circumstances, a beneficiary may annuitize their lump-sum benefit, as explained in the below FAQs.