Death Benefits

If You Die After CRP Benefits Begin

If you die after benefit payments from CRP have begun, the benefit payable to your beneficiary will depend on the form of payment you elected when payments from CRP first began. For example, if you elected a lump sum distribution, no benefit will be paid following your death. If you elected a Survivor Annuity Option, the amount payable to your co-annuitant will depend on the kind of annuity you elected. For example, if you elected a Survivor Annuity with a Half Benefit to Co-Annuitant, your co-annuitant will receive half of your monthly benefit amount for the remainder of his or her life.

While this Summary Plan Description summarizes the major provisions of this plan, it does not provide you with every plan detail. The plan documents, which govern this plan, provide full details. If there are any discrepancies between this Summary Plan Description and the legal plan documents, the legal plan documents control.