 |
 |
 |
|
Benefit Recipients
Additional
Benefits All information displayed only relates to the Defined Benefit Plan. Click on Defined Contribution Plan or Combined Plan for information on these retirement plan options. |
| Death Benefits An automatic $1,000 death benefit is payable to a disability benefit recipient’s designated beneficiary. This automatic benefit is considered a nontaxable life insurance payment; therefore, it is a tax-free benefit to the beneficiary. A disability benefit recipient may purchase an additional $1,000 or $2,000 death benefit for a monthly premium. This optional death benefit is subject to a six-month waiting period and is taxable when it is paid. For more information about this benefit, request the Death Benefits brochure from STRS Ohio.
|
