§ 49-16-507. Benefits payable upon death of active or inactive member without spouse or minor children.


Latest version.
  •      If an active or inactive member dies and at the time of death the member does not have a spouse or minor children, the benefit payable to a designated beneficiary is a refund of the member's member contributions or $500, whichever is larger.
Enacted by Chapter 240, 2003 General Session