Retiree Death Benefit

Death of Retired Employee

If a Retired Employee dies while eligible or within 31 days following termination of eligibility, the Fund will pay a death benefit of $2,500.

This benefit will be paid to the legal spouse of the Retired Employee, or if there is no surviving spouse (or the spouse cannot be located within 2 years of the Employee’s death), to the Retiree’s designated beneficiary.

Death of Retired Employee’s Spouse

If the spouse of a Retired Employee dies while the Retired Employee is eligible or within 31 days of the termination of his eligibility, the Fund will pay a death benefit of $2,500. This benefit will be paid to the Retired Employee or, if the Retired Employee is not alive at the time of payment, then to the Retired Employee’s designated beneficiary.

Beneficiary Rules

The beneficiary may be any person or persons you name and may be changed at any time. You must name your beneficiary, in writing, on the form provided by the Fund Office. For a copy of this form please contact the Fund’s Member Services department at (866) 400-5200, or visit our website at www.oefi.org.

If no beneficiary has been designated, or the designated beneficiary dies before payment is made, or the designated beneficiary cannot be located within two years of the Retired Employee’s death, the Trustees may, at their sole discretion, apply any or all of the death benefit to the payment of burial expenses. Any amount not applied to burial expenses will be paid to the surviving person or persons in the order listed below:

• Children
• Parents
• Brothers and sisters
• Executors or administrators

If no such beneficiaries are identified or qualify for benefits within three years of the Employee’s death, the death benefit will be retained by the Fund.

If two or more persons are entitled to receive benefits they will share equally unless the Employee designates otherwise.