New Jersey Statutes
§ 43:15C-9 — Payment of death benefits.
New Jersey·Title 43 PENSIONS AND RETIREMENT AND UNEMPLOYMENT COMPENSATION
9.Death benefits under the group life insurance policy or policies shall be paid by the insurance company to such person, if living, as the participant shall have nominated by written designation duly executed and filed with the insurance company through the policyholder, otherwise to the executors or administrators of the participant's estate. A participant may file with the insurance company through the policyholder and alter from time to time during life, as desired, a duly attested written nomination of the payee for the death benefit. L.2007, c.92, s.9.
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Nearby Sections
15
§ 43:15C-1 Defined Contribution Retirement Program; rules, regulations; terms defined.
§ 43:15C-1 Defined Contribution Retirement Program; rules, regulations; terms defined.§ 43:15C-10
Method of payment of death benefits.§ 43:15C-11
Facts requiring evidence of insurability.§ 43:15C-12
Designation of death benefit beneficiary.§ 43:15C-13
Disability benefit coverage.§ 43:15C-14
Amount of disability benefits; "Defined Contribution Retirement Program Disability Premium Fund."§ 43:15C-15
Credit offered to policyholder by insurance company; additional coverage; health care coverage.§ 43:15C-3 Employee, employer contribution.
§ 43:15C-3 Employee, employer contribution.§ 43:15C-7
Insurance benefits under group contract.§ 43:15C-9
Payment of death benefits.