GENERAL ASSEMBLY COMPENSATION COMMISSION

(b)     Lump sum death benefit. Except as provided in subsection (c) of this section,
on the death of a member, the Board of Trustees shall pay to the member's surviving
spouse, or if there is no surviving spouse, to the member's designated beneficiary a
lump-sum death benefit consisting of the sum of:

(1)     The member's accumulated contributions; and

(2)     An amount equal to the member's annual salary, if any, at the time of
death.

(c)     Election to receive survivor allowance. Instead of the lump-sum death benefit
payable under subsection (b) of this section, the member's surviving spouse or if the
member is not survived by a spouse, the designated beneficiary may elect to receive a
survivor allowance equal to one-half of the retirement allowance that would be payable to
the member if the member were living and eligible to receive a retirement allowance. The
Board of Trustees shall pay the survivor allowance:

(1)     To the member's surviving spouse for life, commencing on the date of
the member's death; or

(2)     If there is no surviving spouse, to the designated beneficiary for life,
commencing:

(i) On the member's death, if the designated beneficiary is then at
least age 60;

(ii) On the designated beneficiary attaining age 60, if the designated
beneficiary has not attained 60 years of age on the member's death; or

(iii) At any time after the designated beneficiary attains age 50 but
before the designated beneficiary attains age 60, if the designated beneficiary makes the
election set forth in subsection (d) of this section.

(d)     Election to receive reduced survivor allowance.

(1)     Instead of the survivor allowance payable to the designated beneficiary
on attaining age 60, the designated beneficiary may elect to receive a reduced survivor
allowance commencing at any time after the designated beneficiary attains age 50 if the
designated beneficiary completes and submits an application for a reduced survivor
allowance stating the date on which the designated beneficiary desires to receive the
reduced survivor allowance.

(2)     The reduced survivor allowance is an amount equal to one-half of the
retirement allowance that would be payable to the member if the member were living and
eligible to receive a retirement allowance, reduced by 0.5% for each month by which the
designated beneficiary's age precedes the date the designated beneficiary attains age 60.

(e)     Death benefit for minor children.

(1) This section applies only to a member who dies while serving as a
legislator in the General Assembly.

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