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67A.490 Death of member -- Benefit to designated beneficiary when no surviving spouse's, children's, or dependent parent annuities payable.

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67A.490 Death of member -- Benefit to designated beneficiary when no surviving spouse's, children's, or dependent parent annuities payable. (1) Upon death of a member, occurring while in active service, if no surviving spouse's annuity, children's annuities, or dependent parent annuities are payable, the <br>designated beneficiary of the member or his or her estate shall be entitled to a death <br>benefit equal to the total contributions made by the member, including the amount <br>of any employee contributions picked up by the urban-county government pursuant <br>to KRS 67A.510(2), without interest, or one thousand five hundred dollars (&#36;1,500), <br>whichever is greater. (2) Upon death of a retired member, if no surviving spouse's annuity, children's annuities, or dependent parent annuities shall be due and payable, a death benefit <br>shall be paid to the designated beneficiary or estate of the member, equal to the <br>excess, if any, of the total contributions made by the member, including those <br>picked up pursuant to KRS 67A.510(2), to this fund to the date of retirement, <br>without interest, over the total annuity payments received by the member. The <br>minimum payment in such case shall be one thousand five hundred dollars (&#36;1,500). <br>If a surviving spouse's annuity, children's annuities, or dependent parent annuities <br>are payable after the death of the retired member, the amount of such death benefit, <br>if any, shall be determined upon termination of annuity payments to all survivors of <br>the member, whether such termination occurs by death or other cause. Effective: April 4, 2006 <br>History: Amended 2006 Ky. Acts ch. 144, sec. 8, effective April 4, 2006. -- Amended 1982 Ky. Acts ch. 166, sec. 40, effective July 15, 1982. -- Amended 1980 Ky. Acts <br>ch. 81, sec. 4, effective July 15, 1980. -- Created 1974 Ky. Acts ch. 106, sec. 14, <br>effective July 1, 1974.