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A retired member's beneficiary may be eligible for a death benefit. If a retired member is receiving a monthly benefit based on at least 48 months of service credit, KPPA will pay a $5,000 death benefit payment to the beneficiary designated by the member specifically for this benefit.
A lump sum payment of $10,000 and a lifetime monthly benefit equal to 75% of the monthly average pay until the spouse's death. If your beneficiary is only one ...
Life insurance · Death benefits (including on-the-job death) · Returned contributions · Special surviving spouse benefit option · Retiree $6,000 death benefit.
If you name a single individual as beneficiary, that individual may be eligible for a lifetime benefit upon your death, depending on your total service credit.
7 февр. 2024 г. · - Allows special needs trusts to receive lifetime retirement benefits if the member dies before retirement. - Allows retirement benefit checks ...
Amends KRS 61.637 and 78.5540 to require the Department of Education to pay to the Kentucky Public Pensions Authority (KPPA) ... survivor benefit plan from income ...
Продолжительность: 1:59
Опубликовано: 11 сент. 2024 г.
27 февр. 2023 г. · In addition to ongoing monthly pension payments, KPPA ​issues refunds, death benefit payments, and pays toward monthly insurance coverage ...
With the Universal Life Events coverage, benefits can be paid as death benefits or living benefits, or a combination of both. This coverage is flexible to meet ...
There is also a $5,000 death benefit for retirees. HEALTH CARE COVERAGE — Upon retirement, benefit recipients. (including disability benefits and survivor ...
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