Active Death Benefit

Not Vested:

If you deceased while actively employed but married, your received your contributions plus interest

If not married at the time of death, your contribution will be paid to your designated beneficiary

No other benefit will be payable to your spouse or beneficiary

              

Vested with 15 Years or more of service:

 Married Participants:

Spouse and or child could be entitled to a monthly benefit

Children might be entitled could receive a benefit up till age 23 provided they remain in an accredited college or school; age 19 if they do not remain in school.            

Unmarried Participants:

                Designated beneficiary will receive your contributions with interest.

Show All Answers

1. How Do I Retire?
2. How much will my pension be at retirement?
3. What Does Vesting Mean?
4. Termination of employment (not eligible to retire)
5. Active Death Benefit
6. Unused Sick Leave Payout
7. Annual and Bonus Leave
8. Pension Service Time
9. What is a Service Retirement?
10. What is an Early Retirement?
11. What is a Deferred Retirement?
12. If I do not want to draw an early retirement, can I defer the pension?
13. What benefits can I carry into retirement?
14. Can I leave my pension to anyone I wish?
15. Can I change my pension beneficiary once I retire, if my spouse dies?
16. Which pension plan am I in?
17. What percent am I contributing to my retirement and can I increase the percentage and or amount?
18. Do I have to be in Shelby County’s Retirement Plan?
19. Do I have to do direct deposit?
20. How do I get a retirement badge?
21. Can I take funds out of my pension plan?
22. Am I eligible for a Cost of Living Adjustment (COLA)?
23. How is my pension calculated?
24. Can my spouse keep my health insurance if I die?