Get Beneficiary Change Form - Delaware - Ben Omb Delaware

If your beneficiary is living at the time of your death, your beneficiary will receive 50 percent of your monthly retirement allowance for life. You can name only one beneficiary to receive this benefit and the beneficiary can never be changed after retirement.

The Special Death Benefit is a monthly allowance to an eligible surviving spouse, eligible registered domestic partner, or unmarried child under age 22 equal to half of the member's average monthly salary for the last 12 or 36 months, regardless of the member's age or years of service credit.

A survivor benefit is paid as a monthly amount to a qualifying survivor. The death benefit is usually paid in a lump sum to someone you name on your Beneficiary Designation who may or may not be a family member. Consult your member guide for more specific information on death and survivor benefits.

Thirty (30) years of credited service (must have five (5) consecutive years of credited service) regardless of age.

§ 2330 to the surviving spouse, children, and other dependents in limited situations. The compensation rate of death benefits can be between 66 2/3% and 80% of the employer's average weekly wage, dependent upon the number of eligible beneficiaries. The benefits are paid for a minimum period of 400 weeks.

All eligible employees in active service are enrolled in a Non-Contributory Group Life Insurance with a benefit of 3.5 times the base salary.

Upon your death as an active member, your surviv- ing spouse, civil union partner, or domestic partner is eligible to receive a pension benefit equal to 50 percent of your Final Compensation. 50 percent of final compensation to two or more eligible children, payable in equal shares.

When a participant in a retirement plan dies, benefits the participant would have been entitled to are usually paid to the participant's designated beneficiary in a form provided by the terms of the plan (lump-sum distribution or an annuity).