Common use of Pre-Retirement Option 2 Death Benefit Clause in Contracts

Pre-Retirement Option 2 Death Benefit. The County contracts with CalPERS to provide Section 21548 Pre-Retirement Option 2 Death Benefit for the MISC and Safety Retirement Plan members. This benefit provides that the spouse or domestic partner of a deceased member, who was eligible to retire for service at the time of death, may elect to receive the Pre-Retirement Option 2W Death Benefit which is the highest monthly allowance a member can leave a spouse or domestic partner in lieu of the lump sum Basic Death Benefit.

Pre-Retirement Option 2 Death Benefit. The County contracts with CalPERS to provide Section 21548 Pre-Retirement Option 2 2W Death Benefit for the MISC and Safety Retirement Plan membersemployees. This benefit provides that the spouse or domestic partner of a deceased member, who was eligible to retire for service at the time of death, may elect to receive the Pre-Retirement Option 2W Death Benefit which is the highest monthly allowance a member can leave a spouse or domestic partner in lieu of the lump sum Basic Death Benefit.

Pre-Retirement Option 2 Death Benefit. ‌ The County contracts with CalPERS to provide Section 21548 Pre-Retirement Option 2 Death Benefit for the MISC and Safety Retirement Plan members. This benefit provides that the spouse or domestic partner of a deceased member, who was eligible to retire for service at the time of death, may elect to receive the Pre-Retirement Option 2W Death Benefit which is the highest monthly allowance a member can leave a spouse or domestic partner in lieu of the lump sum Basic Death Benefit.