If you are a PERF or TRF member applying for retirement benefits, you will receive a monthly benefit for life, but there are no monthly payments to anyone after your death. However, if you combine your Defined Contribution (DC) account with your pension check, there could be remaining DC money. PERF will add up the monthly pension and DC payments paid before your death. If the total of monthly payments is less than your DC balance when you retired, your beneficiary will receive the difference.
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