If an active (working) or retired member has ten (10) actual years of Service Credit with ATRS at the time of his or her death, the member is eligible for a death benefit up to $10,000.
Eligibility Requirements
In order for a member's beneficiary(ies) to be eligible for a Lump Sum Death Benefit, the following conditions must be met:
- The member must be an *Active Member at the time of death. An *Active Member is currently working for an ATRS covered employer and is eligible to receive Service Credit.
*For the purpose of eligibility for the Lump Sum Death Benefit, a member is considered active for an additional fiscal year following the last fiscal year the member rendered actual service to an ATRS covered employer and obtained at least one-fourth (1/4) year of Service Credit.)
- The member must have a minimum of ten (10) years of actual credited service with ATRS.
- The member must be an ATRS Retiree at the time of his or her death.
- The retiree must have a minimum of ten (10) actual years of service at the time of retirement.
Benefit Payments
The Lump Sum Death Benefit is established pursuant to rules and resolutions approved by the ATRS Board of Trustees.
Beneficiaries of Active or Retired Members with at least ten (10) years of actual service at the time of the member's death are eligible for the following:
| Ten (10) OR MORE Years of Contributory Service | $10,000 |
| Ten (10) OR MORE Years of ONLY Noncontributory Service | $6,667 |
| A MINIMUM OF Ten (10) Years Mixed Contributory & Noncontributory Service BUT WITH LESS THAN 10 YEARS of CONTRIBUTORY SERVICE | Prorated |
for further information regarding the Lump Sum Death Benefit.