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Designation of Beneficiary Form Public Agency Retirement Services (PARS) FICA Alternative Plan Instructions: 1. Read carefully the rules for designating a beneficiary below, and sign in the spaces

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What is designation of beneficiary form?

The designation of beneficiary form is a legal document that allows an individual to specify who will receive their assets or benefits upon their death.

Who is required to file designation of beneficiary form?

Anyone who has assets or benefits that they want to designate to specific individuals or organizations upon their death is required to file a designation of beneficiary form.

How to fill out designation of beneficiary form?

To fill out a designation of beneficiary form, one must provide their personal information, the name(s) of the intended beneficiary(ies), and the specific assets or benefits they wish to designate.

What is the purpose of designation of beneficiary form?

The purpose of the designation of beneficiary form is to ensure that assets or benefits are distributed according to the individual's wishes after their death, without the need for probate.

What information must be reported on designation of beneficiary form?

The designation of beneficiary form must include the individual's personal information, the details of the beneficiary(ies), and a clear description of the assets or benefits being designated.

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