Pennsylvania Code (Last Updated: April 5, 2016) |
Title 22. EDUCATION |
PART XIII. Public School Employes Retirement Board |
Chapter 213. Contributions and Benefits |
Section 213.47. Death benefits
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(a) If a beneficiary is not designated, or if a designated beneficiary predeceases the member or fails to survive the member by 30 days, the benefits shall be payable to the estate of the member, or to the next of kin, 20 Pa.C.S. § 3101 (relating to payments to family and funeral directors), as the case may be.
(b) If a maximum single life annuitant dies before receiving in monthly annuity payments the total amount of the accumulated deductions, the balance of the total accumulated deductions less total annuity payments received shall be paid to the designated beneficiary without regard to the actual proportion the employers share represents to the total monthly annuity payments actually received before death.
(c) Retirement Code reference: Sections 8347 and 8349 of the Retirement Code (relating to death benefits; and payment of benefits).
The provisions of this § 213.47 amended October 16, 1998, effective October 17, 1998, 28 Pa.B. 5226; amended August 1, 2008, effective August 2, 2008, 38 Pa.B. 4083. Immediately preceding text appears at serial pages (328585) to (328586).