Effective - 28 Aug 2005
169.676. Death without a valid beneficiary designation, effect of — most recent valid designation of beneficiary revokes previous designations. — 1. If a member dies before service retirement and is not survived by a beneficiary under a valid beneficiary designation filed with the retirement system or all designated beneficiaries have disclaimed the right to receive benefits from the retirement system, the following individuals shall be deemed to be the member's designated beneficiaries, in the following order of precedence, for the purpose of making an election and receiving benefits under paragraph (a) or (b) of subdivision (2) of subsection 4 of section 169.670:
(1) Surviving spouse at the time of the member's death;
(2) Surviving children, share and share alike;
(3) Surviving parents, share and share alike;
(4) Estate.
2. The member's most recent valid designation of a beneficiary received by the retirement system prior to the member's death revokes all previous designations in their entirety. The member's marriage, divorce, withdrawal of accumulated contributions, or the birth of the member's child, or the member's adoption of a child, shall result in an automatic revocation of the member's previous designation in its entirety upon the retirement system receiving actual notice of such event before or after the member's death and prior to any payments being made under the provisions of this chapter. This section applies to all beneficiary designations filed with the retirement system before or after August 28, 2005, under which payments have not been made under this chapter. This section shall not apply to the member's designation of a beneficiary to receive a monthly benefit upon the death of the member under subdivision (1) of subsection 4 of section 169.670.
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(L. 2005 H.B. 443)
Structure Missouri Revised Statutes
Title XI - Education and Libraries
Chapter 169 - Teacher and School Employee Retirement Systems
Section 169.010 - Definitions.
Section 169.021 - Transfer of teachers from urban district to state retirement system — procedure.
Section 169.022 - Board of education in sections 169.020 and 169.021 defined.
Section 169.035 - Additional deposits by members, when.
Section 169.045 - Bank deposits of system, how secured.
Section 169.050 - Membership — prior service credit, withdrawal — reinstatement contributions.
Section 169.060 - Retirement and disability.
Section 169.080 - Correction of errors in benefits — adjustment.
Section 169.090 - Funds not subject to execution, garnishment, attachment.
Section 169.100 - Gifts accepted.
Section 169.110 - Appropriations made by general assembly to be repaid in two-year period.
Section 169.270 - Definitions.
Section 169.295 - Board of trustees, powers and duties.
Section 169.311 - One year creditable service, how computed.
Section 169.320 - Member may retire, when.
Section 169.326 - Optional plans for payment of benefits — limitations — waiver.
Section 169.380 - Immunity from execution, garnishment or attachment.
Section 169.390 - Limitation of state contributions.
Section 169.400 - Correction of errors in benefits — adjustment.
Section 169.410 - Definitions.
Section 169.420 - Retirement system — how managed.
Section 169.430 - Who shall be members.
Section 169.466 - Annual pension increase, when.
Section 169.476 - Insurance for retired members may be provided — rules and regulations.
Section 169.510 - Obligations of system paid how — effect of change in law.
Section 169.530 - False statement, misdemeanor — correction of records — adjustment.
Section 169.540 - State shall contribute no funds — exceptions.
Section 169.560 - Retirees may be employed, when — salary amount, effect on benefits, exception.
Section 169.566 - School retirement systems to conduct study.
Section 169.569 - Joint rules promulgated, procedure.
Section 169.573 - Plan for utilization of minority professionals, report.
Section 169.574 - Members may designate trust as beneficiary.
Section 169.587 - Benefits exempted from taxation and creditors — benefits not assignable.
Section 169.597 - Hancock amendment standing — certain statutes void, when.
Section 169.600 - Definitions.
Section 169.610 - System established — board of trustees to administer — funds to be kept separate.
Section 169.640 - Bank deposits of system, how secured.
Section 169.650 - Membership — prior service credit — reinstatement — procedure.
Section 169.670 - Benefits, how computed — beneficiary benefits, options, election of.
Section 169.680 - Penalty for false statements — correction of errors in benefits — adjustment.
Section 169.690 - Funds not subject to execution, garnishment, attachment.
Section 169.700 - Gifts accepted.
Section 169.750 - Indemnification permitted, when — insurance or indemnity policies authorized.