49-16-507. Benefits payable upon death of active or inactive member without a surviving spouse or minor children.
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Effective 5/10/2016
49-16-507. Benefits payable upon death of active or inactive member without a surviving spouse or minor children.
If an active or inactive member dies and at the time of death the member does not have a surviving spouse or minor children, the benefit payable to a designated beneficiary is a refund of the member's member contributions or $500, whichever is larger.
Amended by Chapter 84 , 2016 General Session