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  • Post-retirement Lump-sum Beneficiary ... - Calpers On-line - Calpers Ca

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Post-Retirement Lump-Sum Beneficiary Designation 888 CalPERS (or 888-225-7377) TTY: (877) 249-7442 Section 1 When completing this form, be sure to clearly print with a ballpoint pen or type your information.

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Refund beneficiary means an individual who has been designated to be paid Accumulated Participant Contributions in the event of the death of a Participant or Former Participant, or a residual refund of unexpended Accumulated Participant Contributions in the event of the death of a Retired Participant or Survivor ...

Once CalPERS receives the properly completed refund or rollover election form AND your employer has updated our system to show that you have separated from employment, it will take about 3 - 4 weeks for your payment to be issued.

Survivor Continuance is an employer-paid monthly benefit paid to an eligible survivor. If you are not sure if you are covered by this benefit, check with your Personnel Office. Benefits are paid to an eligible survivor in addition to and regardless of which retirement payment option you elect.

All members of the System should list one person as the Survivor Beneficiary (not a spouse or registered domestic. partner, trust or charitable organization) to receive a lifetime benefit in the event of the member's death or member and spouse's or. registered domestic partner's simultaneous death prior to retirement.

If you're moving from one CalPERS-covered employer to another, you may not withdraw your retirement contributions. You must permanently terminate your CalPERS membership to receive a return of retirement contributions.

PERS 2 enrollees can change their beneficiary any time before they retire. A survivor benefit, on the other hand, refers to who would receive some or all of a PERS 2 enrollee's lifetime pension benefits after death.

Overview. CalPERS members are eligible for various death benefits. Death benefits range from a simple return of contributions (plus interest) to a monthly allowance. Each member's death benefits can vary significantly, depending on circumstances, data, and employer contract.

Furthermore, the money you contribute is tax-deferred until you begin receiving retirement benefits or unless you refund, which you may only do if you terminate employment from all PERS-covered employers. You cannot receive loans, partial refunds, or hardship withdrawals of your contributions.

The taxable portion of the amount paid each year is calculated under the same tax rules that apply to a service retirement. *The 1959 Survivor Benefit is fully taxable and may be subject to a mandatory 20 percent federal withholding, if the allowance will be paid to a spouse for less than 10 years.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232