§ 6659. Death benefit.
59 words·~1 min read·
/de/title-16/6659A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Upon the death of a member, inactive member or retired member, there shall be paid to the designated beneficiary or beneficiaries or, in the absence of a designated beneficiary, to the estate of the member, a lump sum equal to the excess, if any, of the accumulated member contributions with interest over the aggregate of all pension payments made.