Death benefit of retired member.

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Effective - 28 Aug 1955

104.130. Death benefit of retired member. — Upon the death of a retired member, the board shall pay to such member's designated beneficiaries or to his estate a death benefit equal to the excess, if any, of the accumulated contributions of the member at retirement over the total amount of retirement benefits received by such member prior to his death.

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(L. 1955 p. 718 § 22)


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