Make Notes On Legal Kentucky Life Documents Newly Widowed Forms For Free

Monthly survivor benefits are available to certain family members, including: A widow(er) age 60 or older (age 50 or older if they are disabled) A widow(er) of any age who has not remarried and is caring for the deceased's child (or children) under age 16 or disabled.

Final compensation is determined by dividing the total salary earned (5-High or 3-High) by the total months worked, then multiplying by twelve (12) to annualize. Nonhazardous retirement benefits are based upon 5-High Final Compensation.

In order to process a refund of their accumulated account balance, members must complete a Form 4525, Application for Refund of Member Contributions and Direct Rollover/Direct Payment Selection?. The member's employer is also required to report the termination date on the monthly report to KPPA.

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.

In most typical claims for benefits a: Widow or widower, at full retirement age or older, generally gets 100% of the worker's basic benefit amount. Widow or widower, age 60 or older, but under full retirement age, gets between 71% and 99% of the worker's basic benefit amount.

(1) Where there is a surviving widow or widower who is named as the primary beneficiary of the member's retirement account, the benefit shall be: (a) One hundred eighty dollars ($180) per month with no restriction on other income; (b) Two hundred forty dollars ($240) per month when the surviving widow or widower's ...