How would my account be settled in the event of my death as an active teacher?

If you die while an active member of our system, this system provides for benefits to your statutory survivors.  A statutory survivor is defined as a spouse and/or a minor child under the age of 18.  If you have no statutory survivors, your account balances will be paid to your designated beneficiary in a lump sum payment.  For further information on this topic, you should obtain the Survivorship Benefits Bulletin (PDF 24KB).