Pension Sense blog | August 19, 2020
As you prepare for a new school year, it’s a good time to review your myCalSTRS account and update your personal information.
While you’re checking your address and contact information, make sure you’ve designated one or more recipients for your one-time death benefit. This can be a person, trust, estate, charitable organization, corporation or public entity.
Separate from the one-time death benefit, CalSTRS survivor benefits may be available to your surviving beneficiaries whether your death occurs before or after retirement. Keep the contact information for you and your beneficiaries current and review your retirement options with myCalSTRS.
Having current beneficiary information on file helps CalSTRS avoid payment delays and ensures benefits are paid according to your wishes. Learn more about CalSTRS survivor benefits with our Member Handbook and Survivor Benefits: Remember Your Loved Ones publication.
Also, be sure to use myCalSTRS to schedule a telephone benefit planning session and check on your current beneficiary information, and register for educational online webinars.