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You will receive a monthly pension payment until your death, and after that, your spouse or beneficiary will receive the same monthly payment that you did, until his or her death. This option will give you the lowest monthly payment, but will provide for your spouse or beneficiary for the rest of his or her life.
What benefits does my spouse get?
The spousal benefit can be as much as half of the workers primary insurance amount, depending on the spouses age at retirement. If the spouse begins receiving benefits before normal (or full) retirement age, the spouse will receive a reduced benefit.
What is an 1199?
The following Survivors Benefits are available to you: Life Insurance: Designated beneficiaries get up to $50,000 maximum benefit, based on members Wage Class and annual base pay. Death benefit: Burial plot in one of three designated cemeteries or $75 payment to you (Wage Class I and II)
Does a pension pass to spouse?
Pension plans are not required by law, but once established, ERISA requires that they provide for annuities to spouses of deceased employees. The require- ments differ for death before and after retirement.
How do I add my spouse to 1199?
Your Spouse - If you are married, and wish to enroll your spouse, complete items 7 through 11. Be sure to fill in your spouses social security number and attach a copy of your marriage certificate and your social security card.
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