N.H. Admin. Code § Ret 305.06

Current through Register No. 45, November 7, 2024
Section Ret 305.06 - Lump Sum Benefits Upon Death of Group II Member Who Had Retired or Filed Notice of Intent to Retire
(a) Upon the death of a retired group II member whose effective date of retirement was before April 1, 1987, and who, prior to death, was not in receipt of an accidental disability retirement allowance, there shall be paid to the person, if living, nominated by the member by written designation filed with the board of trustees, otherwise to the deceased member's estate, a lump sum of $3,600.00.
(b) Upon the death of a group II member whose effective date of retirement was on or after April 1, 1987 but before July 1, 1988, there shall be paid to the person, if living, nominated by the member by written designation filed with the board of trustees, otherwise to the deceased member's estate, a lump sum of $3,600.00.
(c) Upon the death of a group II member whose effective date of retirement was on or after July 1, 1988 or whose retirement had not yet become effective but who had, on or after January 1, 1991, filed notice of intent to retire pursuant to the requirements of Ret 305.01, there shall be paid to the person, if living, nominated by the member by written designation filed with the board of trustees, otherwise to the deceased member's estate either:
(1) A lump sum of $10,000.00 if the deceased member became a group II member prior to July 1, 1988; or
(2) A lump sum of $3,600.00 if the deceased member became a group II member on or after July 1, 1988.
(d) Any payments made pursuant to this section shall be in addition to any amounts payable under RSA 100-A:11 and the surviving spousal allowance provisions of RSA 100-A:12.

N.H. Admin. Code § Ret 305.06

#1953, eff 2-9-82 (rule Ret 310.10); ss by #2740, eff 6-11-84 EXPIRED 6-11-90

New. #5170, eff 6-26-91; rpld by #5328, eff 2-18-92

Amended by Volume XXXIX Number 06, Filed February 7, 2019, Proposed by #12707, Effective 1/9/2019, Expires 1/9/2029.