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Death Benefit Information If you die before you retire (Active member death), the appropriate death benefit will be paid to the beneficiary or beneficiaries you designated when joining ACERA or, subsequently on a Change of Beneficiary form. Note that a surviving spouse or minor children, even if not named as a beneficiary may have certain rights that supersede the rights of the named beneficiary.A one time $5,000 lump sum death benefit is payable to the beneficiary of a retiree. This benefit is only paid upon the death of a retiree; it is not paid upon the death of a beneficiary. Your beneficiary designated to receive this benefit need not be the same as the person listed to receive a continuance.
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