If you have not yet retired your estate or designated beneficiary is entitled to your vested amount in the fund. Some plans also have a pre-retirement death benefit funded by life insurance.
If you have retired and are collecting a monthly amount, if you chose a survivor option your designated beneficiary will receive their portion.
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If you have not yet retired your estate or designated beneficiary is entitled to your vested amount in the fund. Some plans also have a pre-retirement death benefit funded by life insurance.
If you have retired and are collecting a monthly amount, if you chose a survivor option your designated beneficiary will receive their portion.