Maine Revised Statutes Title 5 Sec. 18057 – Payments on death
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Any amount of group life insurance and group accidental death insurance in force on any employee at the date of the employee’s death must be paid, upon the establishment of a valid claim, in the following order of precedence. [PL 2009, c. 515, §1 (AMD); PL 2009, c. 515, §3 (AFF).]
1. Designated beneficiary. First, to the beneficiary or beneficiaries whom the employee designated in writing, if the written designation was received in the retirement system office or postmarked before the employee’s death.
[PL 1991, c. 480, §5 (AMD).]
Terms Used In Maine Revised Statutes Title 5 Sec. 18057
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
- Beneficiary: means a person or persons designated by a member to receive a benefit under this Part or a person otherwise entitled to receive a benefit under this Part. See Maine Revised Statutes Title 5 Sec. 17001
- Child: means any natural or legally adopted, born or unborn, progeny of a member. See Maine Revised Statutes Title 5 Sec. 17001
- Employee: means :
A. See Maine Revised Statutes Title 5 Sec. 17001Executor: A male person named in a will to carry out the decedent in writing: include printing and other modes of making legible words. See Maine Revised Statutes Title 1 Sec. 72 Parent: means mother or father. See Maine Revised Statutes Title 5 Sec. 17001 Retirement: means termination of membership with a retirement allowance granted under this chapter. See Maine Revised Statutes Title 5 Sec. 17001 Retirement system: means the Maine Public Employees Retirement System. See Maine Revised Statutes Title 5 Sec. 17001
2. Widow or widower. Second, if no beneficiary qualifies under subsection 1, to the widow or widower of the employee.
[PL 1985, c. 801, §§ 5, 7 (NEW).]
2-A. Executor or personal representative. Third, if no one qualifies under subsection 1 or 2, to the employee’s duly appointed executor or personal representative for distribution according to the provisions of a lawfully executed will. This subsection is applicable only if the retirement system is notified of the appointment of the executor or personal representative within 6 months of the date of death of the employee.
[PL 2009, c. 515, §1 (NEW); PL 2009, c. 515, §3 (AFF).]
3. Children. Fourth, if no one qualifies under subsection 1, 2 or 2?A, to the child or children of the employee and descendants of deceased children by representation.
[PL 2009, c. 515, §1 (AMD); PL 2009, c. 515, §3 (AFF).]
4. Parents. Fifth, if no one qualifies under subsection 1, 2, 2?A or 3, to the surviving parent or parents of the employee.
[PL 2009, c. 515, §1 (AMD); PL 2009, c. 515, §3 (AFF).]
5. Executor or conservator.
[PL 2009, c. 515, §1 (RP); PL 2009, c. 515, §3 (AFF).]
6. Next of kin. Sixth, if no one qualifies under subsection 1, 2, 2?A, 3 or 4, to other next of kin of the employee entitled under the laws of domicile of that employee at the time of the employee’s death.
[PL 2009, c. 515, §1 (AMD); PL 2009, c. 515, §3 (AFF).]
SECTION HISTORY
PL 1985, c. 801, §§5,7 (NEW). PL 1991, c. 480, §5 (AMD). PL 2009, c. 515, §1 (AMD). PL 2009, c. 515, §3 (AFF).