What is a monthly survivor allowance?
A. A monthly survivor allowance is a benefit LACERA pays to eligible survivors and beneficiaries of deceased LACERA retirees. The allowance is a percentage of the monthly retirement allowance the decedent received during his or her lifetime. It is paid each month for the remainder of the recipient’s life (regardless of any future change in the recipient’s marital status).* Since the benefit is a continuation of the decedent’s retirement benefits, a survivor allowance is sometimes referred to as a “continuance.” *A survivor allowance to an eligible minor child continues until the child is no longer eligible.
A monthly survivor allowance is a benefit LACERA pays to eligible survivors and beneficiaries of deceased LACERA retirees. The allowance is a percentage of the monthly retirement allowance the decedent received during his or her lifetime. It is paid each month for the remainder of the recipient’s life (regardless of any future change in the recipient’s marital status).* Since the benefit is a continuation of the decedent’s retirement benefits, a survivor allowance is sometimes referred to as a “continuance.” *A survivor allowance to an eligible minor child continues until the child is no longer eligible.
Related Questions
- I read about the Guaranteed Income Supplement, Allowance and Allowance for the Survivor maximum exemption amount for employment income being increased to $3,500. Where can I find more information?
- I read about the Guaranteed Income Supplement, Allowance and Allowance for the Survivor maximum exemption amount for employment income being $3,500. Where can I find more information?
- How is the survivor allowance calculated under the Unmodified Retirement Option?
