Survivor Benefits

If you die before you retire with PEERS, your beneficiaries may be eligible for survivor benefits. It is important to properly designate your beneficiaries so they are eligible for monthly survivor benefits. Two types of survivor benefits are provided for beneficiaries of members who die before retirement or while receiving PEERS disability retirement benefits.

Types of PEERS Survivor Benefits

Amount

  • Your total contributions and interest as of the date of your death
  • Includes your contributions, payments for reinstatements and service purchases, and interest
  • Does not include employer contributions

Payment

  • A one-time, lump-sum refund
  • Split if you have multiple beneficiaries
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Amount

Payment

  • Monthly for your beneficiary's lifetime
  • Payable immediately if you are eligible to retire, or delayed until you would have become eligible to retire based on your years of service at the time of your death
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