How is the survivor allowance calculated under the Unmodified Retirement Option?
It varies according to the Plan. Upon the death of a retiree who elected the Unmodified Retirement Option in contributory Plan A, B, C, or D, the eligible survivor receives a continuing monthly allowance equal to 65 percent of the allowance the retiree received in his or her lifetime. Under non-contributory Plan E, the eligible survivor receives a continuing monthly allowance in an amount equal to 55 percent of the allowance the retiree received in his or her lifetime. For members who retired prior to June 4, 2002, the survivor percentage is 60 percent in contributory Plans and 50 percent under Plan E.
