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STATE RETIREMENT SYSTEMS Judges Retirement System of Illinois Internet: http://www.s Email: 2101 South Veterans Parkway, P.O. Box 19255, Springfield, IL 627949255 MEMBERS NOMINATION OF BENEFICIARY(IES)

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How to fill out jrs nomination of beneficiary

How to fill out JRS nomination of beneficiary:

01

Obtain the necessary forms: Start by requesting the JRS nomination of beneficiary form from your local JRS office or their website. Ensure you have the most recent version of the form.

02

Provide personal information: Begin by filling in your personal details, including your full name, address, contact number, and email address. This information is crucial for correspondence and verification purposes.

03

Identify the policy or account: Indicate the specific policy or account for which you are making the beneficiary nomination. This could include a life insurance policy, an investment account, or any other financial instrument provided by JRS.

04

Nominate primary beneficiary: State the full name, relationship, and contact information of the primary beneficiary. The primary beneficiary is the person who will receive the benefits in the event of your death or incapacitation. Make sure to double-check the accuracy of these details.

05

Nominate contingent (secondary) beneficiary: If desired, provide the information for a contingent beneficiary. This individual will receive the benefits if the primary beneficiary is unable to do so. Again, include their full name, relationship, and contact details.

06

Specify the percentage of benefits: Indicate the percentage of benefits that should go to each named beneficiary. Ensure that the total equals 100%. You may allocate different percentages to each beneficiary based on your specific wishes and circumstances.

07

Provide witness details: The nomination of beneficiary form usually requires the signatures of witnesses. Therefore, ensure that the witness section is completed accurately, including the full names, addresses, contact details, and signatures of the witnesses.

08

Review and submit: Before submitting the form, carefully review all the information you have provided to ensure accuracy and completeness. Make any necessary corrections or additions. Once you are satisfied, sign the form and submit it to JRS as instructed on the form or the accompanying guidelines.

Who needs JRS nomination of beneficiary?

Anyone who holds a policy or account with JRS and wishes to specify who will receive the benefits in case of their death or incapacity should complete a JRS nomination of beneficiary form. This is important for ensuring that your assets are distributed according to your wishes and can provide financial security for your loved ones. Whether you have a life insurance policy, an investment account, or another type of financial instrument through JRS, it is recommended to complete the nomination of beneficiary form to ensure your intentions are honored.

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What is jrs nomination of beneficiary?

JRS nomination of beneficiary is a process where a member of the JRS program designates a person or entity to receive benefits in case of their death.

Who is required to file jrs nomination of beneficiary?

All members of the JRS program are required to file a nomination of beneficiary.

How to fill out jrs nomination of beneficiary?

To fill out a JRS nomination of beneficiary, members must provide the necessary information on the official form, including the name and contact details of the beneficiary.

What is the purpose of jrs nomination of beneficiary?

The purpose of JRS nomination of beneficiary is to ensure that benefits are distributed according to the member's wishes in case of their death.

What information must be reported on jrs nomination of beneficiary?

The JRS nomination of beneficiary form requires information such as the beneficiary's name, relationship to the member, and contact details.

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