Section 5316 - Group life insurance(a) Upon the death of an individual receiving a pension under this chapter a benefit will be provided in the same manner as benefits provided under § 5546 of this title to the designated beneficiary or in the absence of a designated beneficiary the amount of this benefit shall be paid to the deceased pensioner's estate.(b) The benefit granted under this section shall not be construed as a contractual obligation of the State or of the Pension Fund and may be revised or terminated by an act of the General Assembly. 68 Del. Laws, c. 8, §1; 68 Del. Laws, c. 290, §60; 69 Del. Laws, c. 451, §1; 70 Del. Laws, c. 186, § 1; 72 Del. Laws, c. 169, § 1; 73 Del. Laws, c. 146, § 4.;