Death Prior to Retirement without Survivor Benefits

(a)Upon death of a member occurring before his retirement on a service retirement annuity or disability retirement annuity, leaving no persons eligible for survivor annuities as provided in § 8134 of this Chapter the following shall be payable:

(1)A refund of the total amount of contributions made by the member, including regular interest; and

(2)If the member was an employee at the date of death, a single sum death benefit payment in the amount of One Thousand Dollars ($1,000).

(b)Payment of these refunds and benefits shall be made to a beneficiary or beneficiaries designated by the member in a nomination filed with the Board, or if no such designation has been made, payment shall be made to the estate of the member.