 Home Life
Events
Life
Events - Deaths
It's important to notify
the Administrative Office as soon as practical following the
death of a participant/employee, retiree, or spouse of a
retiree. When you contact the Administrative
Office, the
staff
will guide you through the
forms that must be completed. They will also
inform you of any benefits that may be available.
The Administrative Office will need a copy of the death
certificate and if there are pension benefits remaining,
a certified copy of the death certificate will be
necessary.
Death of the
participant/employee
If the participant
had active Health & Welfare coverage during the month of death, a
life insurance benefit
is payable.
Accidental death benefits
are also payable if the death was the result of an accident.
If the participant
was vested in the Pension (defined benefit) Plan, there is a
pre-retirement death benefit
for the surviving spouse or beneficiaries.
If the participant
was vested in the Money Purchase Pension (defined contribution) plan, the balance of his or
her account will be paid to the surviving spouse or beneficiary (s) of record.
Death of a retiree
Pension Benefits
If a retiree dies, pension benefits may either continue
unchanged, continue on a reduced basis, or stop altogether, depending
on the benefit
payment option elected at the time of retirement.
A beneficiary need not return the pension payment for the month in
which a retiree dies; however, if the beneficiary receives any
payments for the months following the retiree's death, they must be returned or repaid to the Trust.
Remember, it's important to notify the
Administrative Office as soon as practical following the death of a retiree.
Medical Benefits
The surviving spouse of a retiree (who was participating in
the Retiree Health & Welfare Plan with dependent coverage) may elect
to continue coverage through the retiree plan. The surviving
spouse will need to enroll in the plan appropriate to their age.
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Death of the spouse of a
retiree
Pension Benefits
If the spouse of a retiree dies, pension benefits may
either continue unchanged or continue on an increased basis depending on the benefit
payment option elected at the time of retirement.
Remember, it's important to notify the
Administrative Office as soon as practical following the death of a spouse of a
retiree.
Medical Benefits
A retiree who has lost his or her spouse, and was enrolled in a
"Family Plan", may
enroll
in a "Retiree Only" plan at the lower premium.
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Death of a designated beneficiary
If your designated beneficiary dies, you should name a new beneficiary
to ensure that benefits will be paid in accordance with your wishes.
Please note that the Administrative Office must receive the original form to
change a beneficiary.
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