Section 303-24-008 - Death of a Member or Beneficiary008.01 If a member makes an eligible application for benefit payment but dies prior to their retirement date, then the member will be treated as having not made application for benefit payment. NPERS will handle the resulting benefit payment distribution as a death benefit pursuant to Nebraska statutory law associated with the member's retirement plan. A member's death before the member's retirement date will be treated as a pre-retirement death, and NPERS will distribute benefits accordingly under plan provisions.008.02 If a beneficiary receiving a death benefit dies within a guarantee period and there are still payments remaining to be paid to the beneficiary, then a discounted lump sum shall be paid to the beneficiary's estate instead of continuing the stream of remaining annuity payments to the deceased beneficiary.303 Neb. Admin. Code, ch. 24, § 008