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MARYLAND SUPPLEMENTAL RETIREMENT PLAN BENEFICIARY or ALTERNATE PAYEE CLAIM FORM Section 1 Participant Information Beneficiary Claim (check one below) Spouse Non-Spouse OR Alternate Payee Claim (Domestic

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What is beneficiary or alternate payee?

Beneficiary or alternate payee refers to a person or entity who is designated to receive the benefits or payments from a financial account or insurance policy in the event that the primary beneficiary is unable to receive them.

Who is required to file beneficiary or alternate payee?

The person or entity who establishes a financial account or insurance policy is required to designate a beneficiary or alternate payee.

How to fill out beneficiary or alternate payee?

To fill out beneficiary or alternate payee, you need to provide the necessary information such as the full legal name, contact details, and the relationship to the account holder or policyholder.

What is the purpose of beneficiary or alternate payee?

The purpose of beneficiary or alternate payee is to ensure that the benefits or payments from a financial account or insurance policy are transferred to the intended individual or entity in case the primary beneficiary is unable to receive them.

What information must be reported on beneficiary or alternate payee?

The information that must be reported on beneficiary or alternate payee includes the full legal name, contact details, date of birth, social security number or tax identification number, and the relationship to the account holder or policyholder.

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