What happens if my eligible spouse does not elect to receive the monthly benefit under Option D?
If your eligible spouse does not elect to receive the monthly lifetime benefit (Option D) and you have another named eligible Member-Survivor (Option D) beneficiary, your named beneficiary will receive the monthly lifetime benefit under 12(2)(d). If your eligible spouse does not elect to receive the monthly lifetime benefit (Option D) and you have not named anyone else as your Member-Survivor (Option D) beneficiary, your annuity savings account will be paid in a lump-sum distribution according your designation of beneficiaries and proportions under 11(2)(c).
Related Questions
- My spouse has health benefit coverage under her employer. Can I deduct the eligible expenses that are not covered by her plan under my PHSP?
- What happens if a CSEA EBF subscriber or dependent receives an EBF benefit for which it is later determined that they were not eligible?
- What happens if my eligible spouse does not elect to receive the monthly benefit under Option D?
