§ 2.28.200. Death benefits payable to beneficiary of retired member.

In the event of the death of a retired member, in addition to all other benefits payable under this chapter, following proof of such member's death satisfactory to the board, the beneficiary designated by such member shall be entitled to receive:

(a)

For such member retired under Plan No. 1, the sum of one thousand five hundred dollars.

(b)

For such member retired under Plan No. 1 or Plan No. 2:

(1)

The benefit for such member accrued from the first day of the month during which such member's death occurred through the date of such member's death;

(2)

The balance of such member's contributions and interest accrued through the effective retirement date that had not been paid as a retirement benefit or as calculated in subsection (b)(1) of this section.

(c)

For such member retired under Plan No. 1 who is participating in the DROP in accordance with Section 2.28.230, the beneficiary of such member, in addition to receiving any benefits payable through subsections (a) and (b) of this section, shall be entitled to receive distribution of the DROP account in accordance with Section 2.28.230(g)(1).

(d)

For such member retired under Plan No. 2 who is participating in the DROP in accordance with Section 2.28.240, the beneficiary of such member, in addition to receiving any benefits payable through subsections (a) and (b) of this section, shall be entitled to receive distribution of the DROP account in accordance with Section 2.28.240(f)(1).

(Ord. No. 44-812 § 21; Ord. No. 47-451, § 7, 3-27-07)