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When a retiree dies, what benefits may be payable?

A death benefit, representing all or part of the member's retirement allowance under the Qualified Pension Plan (QPP), may be payable to a designated beneficiary or the member's estate; this would be based upon the payment option that the member chose at retirement. In addition, a fractional payment of the retirement allowance payment for the month in which the member died would be payable to a designated beneficiary, as long as the member did not die on the last day of the month.

For more information, please see the Guide to Death Benefits for Beneficiaries of Retired Members and the If the member participated in TRS' Tax-Deferred Annuity (TDA) Program, what TDA benefits may be payable? FAQ below.