§ 22107 Beneficiary Definitions For Programs

• •A 'beneficiary' is someone who gets money from the Defined Benefit Program if a member becomes disabled or dies.
• •This money can be paid as regular payments (allowance) or all at once (lump-sum).
• •For the Defined Benefit Supplement Program, a 'beneficiary' is someone who gets the final benefit when a member dies.

If a teacher passes away, their spouse or kids might get money from the teacher's retirement plan.

The spouse or kids are the 'beneficiaries' because they receive the money from the Defined Benefit Program due to the teacher's death.