What is the last payment due to a deceased annuitant?
The last payment due to a deceased annuitant is the payment issued on the first day of the month in which the annuitant’s death occurs. No payment is due to the annuitant for the month in which his/her death occurs. If there is a death benefit payable from the annuity (which will depend ont he annuity option selected at retirement), the payment due for the month in which the annuitant dies will be issued to the named survivor or beneficiary(ies). Example: An annuitant dies in June (any date). The last payment due to the deceased annuitant is the payment for May, issued on June 1.
