Sec. 45a-46. (Formerly Sec. 45-29m). Refund of contributions after death.
Sec. 45a-46. (Formerly Sec. 45-29m). Refund of contributions after death. (a)
A member's contributions to the fund, without interest and less any retirement allowance
paid to him or his spouse, shall be paid from the fund on the order of the Retirement
Commission to the beneficiary or beneficiaries, if any, named by the member, in the
following cases: (1) The death before retirement of a member who has not elected an
option under the provisions of section 45a-43, or whose election of that option has not
become effective, or whose election of that option has become effective, but who has
not completed the age and service requirements that would permit him to retire on his
own application; or (2) the death of both a member whose election of that option has
become effective and his spouse after a retirement allowance has become payable.
(b) If no named beneficiary survives the member, or the survivor of the member
and his spouse, payment shall be made to the executors or administrators of the estate
of the member or his spouse, as the case may be, except that, if the amount is less than
one thousand dollars, the refund may be made in accordance with the terms of section
45a-273 at the option of the Retirement Commission.
(1967, P.A. 558, S. 38; P.A. 80-476, S. 48.)
History: P.A. 80-476 reordered and rephrased provisions, dividing section into Subsecs., but made no substantive
changes; Sec. 45-29m transferred to Sec. 45a-46 in 1991.