Although LRS’ primary purpose is to provide retirement income, we recognize that some employees will not live to enjoy their retirement benefits. For that reason, LRS protects your beneficiary(ies) should you die before retiring with the death benefits described below.

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After your death, your beneficiary will receive a return of your contributions plus interest at four percent compounded annually on your prior year ending balance, through your date of death. This is a lump-sum payment. If you meet certain eligibility requirements, a monthly Survivor’s Alternate Benefit may be paid to your beneficiary instead of a return of contributions if you have only one eligible beneficiary living at the time of your death.

Provided you have not retired, the monthly Survivor’s Alternate Benefit may be payable if you have only one eligible principal beneficiary for the return of your contributions living at the time of your death. If you die while in active service (while a contributing member of LRS) after 12 years of creditable service or after reaching age 60 with five years of service, your eligible surviving beneficiary may choose to receive a lifetime monthly benefit instead of a return of your contributions plus interest.

This lifetime monthly benefit payable to your beneficiary equals the amount you would have been entitled to receive under Option 2 had you survived and retired on the first of the month following your death.

If you die while a contributing member of LRS after completing one year of creditable service, your beneficiary will receive a single lump-sum payment. The payment equals your highest annual compensation as a member of the General Assembly, not to exceed $15,000.

Reporting a Member Death

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During a time of loss and grieving, there are steps that beneficiaries and family members must take to ensure that the law is followed as it relates to member retirement benefits. The first step is to notify our office as soon as possible.

We offer an easy online form to report a death to the Retirement Systems Division.

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This page was last modified on 04/03/2025