Form # 9 Effective 7/1/2007 1400 West Third, Little Rock, AR 72201 Phone (501) 682-1517 or (800) 666-2877 Fax (501) 682-2359 Website - http://www.artrs.gov
LUMP SUM DEATH BENEFIT - BENEFICIARY DESIGNATION FORM Arkansas Code Annotated § 24-7-720 provides that upon the death of an active or retired member of the Arkansas Teacher Retirement System (ATRS), with 10 or more years of credited service, a Lump Sum Death Benefit payment in an amount set by the Board of Trustees shall be paid to such person(s) as the member has designated in writing and filed with ATRS. Effective for a member dying after June 30, 2006, if there is no designated person surviving, the lump sum shall be paid to the member’s estate. Member’s Name __________________________________ Social Security Number ___________________ Address _________________________________________________________________________________ City _______________________________________ State _____________________ Zip ______________ PART 1 - Designation of Primary Beneficiary(ies) I hereby designate the following as the primary beneficiary(ies) of the Lump Sum Death Benefit due from ATRS. In the event of my death, I authorize ATRS to make payment of the benefit to such beneficiary(ies) who are living at the time of my death. I understand that equal shares will be distributed among multiple surviving primary beneficiaries. At least one primary beneficiary must be listed.
__________________________________________________________________________________________ Name of Primary Beneficiary(ies) SSN Date of Birth Relationship Address _________________________________________________________________________________________
PART 2 - Designation of Contingent Beneficiary(ies) - OPTIONAL A contingent beneficiary will receive all benefits upon the member’s death only if all primary beneficiaries predecease the member. I hereby designate the following as contingent beneficiary(ies) of the Lump Sum Death Benefit. I understand that equal shares will be distributed among multiple surviving contingent beneficiaries.
_________________________________________________________________________________________ Name of Contingent Beneficiary(ies) SSN Date of Birth Relationship Address __________________________________________________________________________________________
_________________________________________________________________________________________ _________________________________________________________________________________________ This Beneficiary Designation shall become effective on the date received by ATRS and shall supersede and cancel all Lump Sum Death Beneficiary Designations filed previously with ATRS. Member Signature ___________________________________________ Date _______________________ To Be Completed By Notary Public State of _______________________ ) County of _______________________ ) Subscribed and Sworn before me on this _____ day of _____________, 20 ___. Notary Signature _______________________ My commission expires: ___________
LUMP SUM DEATH BENEFIT - BENEFICIARY DESIGNATION FORM
Social Security Number ... Sum Death Beneficiary Designations filed previously with ATRS. Member Signature ... _____ day of ______, 20 ___. Notary Signature ...
Website - http://www.artrs.gov ... event of my death, I authorize ATRS to make payment of the benefit to such beneficiary(ies) who are living at the time of.
of Account Balance Primary Beneficiary. (Name of Individual, Trust, Charity, etc.) Relationship Social Security or Taxpayer. Identification Number. Date of Birth.
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