Ca payee beneficiary calstrs form 2025

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It saves time. If you die and have not named a beneficiary, this will delay the transfer of whatever funds are in those accounts. In some instances, the delay could be significant and require that the person in charge of your affairs or estate complete a lot of paperwork to make it happen.
You can make or change your beneficiary designations by speaking with a Customer Service Associate or go online. Please contact a Customer Service Associate at 844-electP2 (844-353-2872) (TTY/TTD users call 800-468-5449) or go online at Pension2.com.
If you die after retirement, the one-time death benefit is the same under both Coverage A and Coverage B. CalSTRS pays a one-time death benefit payment of $7,093 to your named recipient or recipients if youre a retired member. The amount of the payment may be adjusted periodically by the Teachers Retirement Board.
While it is often beneficial to communicate with beneficiaries regarding the estate administration, executors are not required to comply with every single request for information.
Forms for Designations We recommend that you designate beneficiaries to receive your life insurance benefits. However, if you are happy with the order of precedence(PDF file), you dont have to do anything.
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