In the event of a loved one's passing, there are numerous organizations to notify, one of which may be the Florida Retirement System (FRS) if the deceased was receiving pension benefits. This article provides you with a step-by-step guide on how to inform the FRS about this unfortunate incident.
Who Should Be Notified
The Florida Retirement System provides retirement benefits to employees of the state of Florida. If your loved one was a retiree or beneficiary receiving benefits from the FRS, you should notify them of the death.
When to Notify
It's important to notify the FRS as soon as possible following the death. This will ensure that the FRS can stop payments and avoid potential overpayment issues.
How to Notify
You can notify the FRS by calling the MyFRS Financial Guidance Line at 1-866-446-9377. They will guide you through the process and inform you about the documents you need to submit. Generally, this includes a certified copy of the death certificate.
What to Expect After Notification
Once you've informed the FRS, they will stop any ongoing pension payments. They will also provide information about any possible survivor benefits that may be due. It's important to note that each case is unique, and the specific benefits may vary.
Tips for Notification
When you call the FRS, make sure to have the deceased's Social Security number and FRS account number (if available). Keep note of who you spoke with, the date, and any important information discussed. This could be useful for future reference.
Though it's a difficult task, notifying the Florida Retirement System after the death of a loved one is crucial. It allows for a proper closure of the deceased's pension account and provides the opportunity to learn about potentially available survivor benefits.
Q: How long does it take for FRS to process the notification?
A: The processing time can vary. Once FRS receives all the necessary documents, they generally process the request within 30 days.
Q: What happens if pension payments are received after death?
A: If pension payments continue after the death of the retiree, you should notify FRS immediately. Overpayments will need to be returned.
Q: Are survivor benefits always available?
A: Survivor benefits depend on the specific retirement plan of the deceased. Not all plans offer survivor benefits. FRS can provide detailed information based on the deceased's account.