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SEES REVERSION ARY ANNUITY All SEES members have the option of choosing a diversionary annuity at retirement. The diversionary annuity allows a member to reserve part of their retirement benefit for
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What is sers reversionary annuity?
A sers reversionary annuity is a type of annuity offered by the State Employees' Retirement System (SERS) that provides income to a designated beneficiary after the death of the annuitant.
Who is required to file sers reversionary annuity?
Any member of the State Employees' Retirement System (SERS) who wishes to provide financial support to a designated beneficiary after their death can choose to file for a sers reversionary annuity.
How to fill out sers reversionary annuity?
To fill out a sers reversionary annuity, you will need to complete the appropriate forms provided by the State Employees' Retirement System (SERS). These forms will require information about the annuitant, the designated beneficiary, and other relevant details.
What is the purpose of sers reversionary annuity?
The purpose of a sers reversionary annuity is to ensure that a designated beneficiary receives a steady income stream after the death of the annuitant. It provides financial security and support for the beneficiary.
What information must be reported on sers reversionary annuity?
On a sers reversionary annuity, you will need to report information such as the annuitant's personal details, the designated beneficiary's information, the amount of income to be provided, and any other relevant details as required by the State Employees' Retirement System (SERS).
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